Zurich Financial Services Group (Zurich) announced that it expects aggregate claims payments related to Hurricane Katrina of approximately $600 million...
International & Reinsurance News
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...
Risk & Insurance Education Alliance Launches Self-Paced CIC Personal Lines Course
Presented by Risk & Insurance Education Alliance
Insurance professionals face a growing challenge: keeping up with complex coverage issues while balancing client needs, workload demands, and professional...
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,...
A.M. Best Co. announced that it has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit...
Bermuda-based Endurance Specialty Holdings Ltd. announced that its initial estimates of losses, net of reinsurance, reinstatement premiums, and tax benefits...