The Association of British Insurers (ABI) has called on the Government to delay implementation of an EU court ruling that...
International & Reinsurance News
Standard & Poor’s Rating Services announced that it has lowered its counterparty credit and financial strength ratings on Bermuda-based PXRE...
Bermuda-based AXIS Capital Holdings Limited announced that it has agreed to sell $250 million of 7.25 percent Series A Preferred...
For all the attention artificial intelligence is getting in insurance, the fundamental value of the independent agency hasn’t changed. Clients...
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...
If you’re one of the diminishing number of people who don’t believe the world is getting warmer, that headline could...
A.M. Best Co. lost no time in placing the financial strength and debt ratings of the operating subsidiaries of Bermuda’s...
Bermuda-based RenaissanceRe Holdings Ltd. announced that it has received a “Wells Notice” from the staff of the U.S. Securities and...