Between Atlantic hurricanes and Pacific typhoons, the 2004 storm season has already generated record catastrophe (CAT) losses which will reportedly...
International & Reinsurance News
Despite an estimated 550 million euros ($711 million) in hurricane related claims, Munich Re, the world’s largest reinsurer, seems to...
ACE European Group Limited, the cornerstone of ACE’s London Market and European business, announced that it has received regulatory approval...
Platinum Underwriters Holdings, Ltd. became another casualty of the Florida hurricanes. The Bermuda-based insurer posted a net loss for the...
A.M. Best Co. announced that it has assigned a rating of “bbb-” to the forthcoming $18 million of floating rate...
Bermuda-based AXIS Capital Holdings Limited announced that it will realign its organizational structure to enhance the brand and operations of...
Bermuda’s XL Capital Ltd. announced plans to sell up to $300 million of senior notes due 2014 and up to...
The Netherlands ING Group reported a significant rise in nearly all business sectors. Operating profits at the banking, insurance and...
According to a report published by Standard & Poor’s Ratings Services the outlook on the French insurance market remains stable,...
French reinsurer SCOR Group recently approved the company’s financial results for the nine months ended Sep. 30, 2004. SCOR has...