Bermuda-based PartnerRe Ltd. has provided a further update on the catastrophic events of the third quarter, and the potential impact...
International & Reinsurance News
Zurich Financial Services Group (Zurich) announced that it expects aggregate claims payments related to Hurricane Katrina of approximately $600 million...
Bermuda-based ACE Limited announced that Citigroup Global Markets Inc. and Goldman, Sachs & Co. have exercised their option to purchase...
A.M. Best Co. has assigned a financial strength rating of B (Fair) and an issuer credit rating of “bb” to...
Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan, has agreed to purchase GCAN Insurance Company,...
Global insurance specialist ACE is launching ACE Environmental Risk (AER) to reportedly help European organizations better manage their environmental liabilities...
Bermuda-based Aspen Insurance Holdings Ltd. has updated its assessment of estimated losses from Hurricane Katrina and the New Orleans Flood....
Bermuda-based Endurance Specialty Holdings Ltd., a global provider of property and casualty insurance and reinsurance, has agreed to sell approximately...
A.M. Best Co. has placed the financial strength rating of A+ (Superior) of Allied World Assurance Company Ltd. (AWAC) (Hamilton,...
Bermuda-based Endurance Specialty Holdings Ltd. announced that its initial estimates of losses, net of reinsurance, reinstatement premiums, and tax benefits...