A.M. Best Co. has placed the financial strength rating of A+ (Superior) of Allied World Assurance Company Ltd. (AWAC) (Hamilton,...
International & Reinsurance News
Bermuda-based Endurance Specialty Holdings Ltd. announced that its initial estimates of losses, net of reinsurance, reinstatement premiums, and tax benefits...
The Association of British Insurers (ABI) has called on the Government to delay implementation of an EU court ruling that...
Standard & Poor’s Rating Services announced that it has lowered its counterparty credit and financial strength ratings on Bermuda-based PXRE...
A.M. Best Co. announced that it has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit...
Bermuda-based AXIS Capital Holdings Limited announced that it has agreed to sell $250 million of 7.25 percent Series A Preferred...
Swiss reinsurer Converium announced the completion of an aviation fronting arrangement with National Indemnity Company and Munich Re, which enters...
The Bermuda-based PXRE Group Ltd. has announced that its preliminary estimate of the net impact from Hurricane Rita is between...
Zurich-based reinsurer Converium has issued a statement indicating that increased industry loss estimates from Katrina have resulted in a new...
Standard & Poor’s Ratings Services announced that it has revised its outlook on the global reinsurance industry to negative from...