Toronto-based Fairfax Financial Holdings Limited announced that its initial estimate of aggregate potential net losses relating to Hurricanes Frances, Ivan...
International & Reinsurance News
London-based, ri3k, the global reinsurance infrastructure, announced that it has successfully completed an ACORD certified business integration with the ConCert...
Dr. Jurgen Forterer, CEO of R+V Versicherung, Wiesbaden, has resigned from the Board of Directors of Converium Holding Ltd. effective...
While the North American subsidiaries of the troubled Swiss reinsurer Converium AG were being downgraded (see related article in “National”),...
The U.K.-based TT Club, a leading transport insurance mutual, announced that it is assigning more resources to expand its presence...
Bermuda-based RenaissanceRe Holdings Ltd. estimates that Hurricanes Charley, Frances, Ivan and Jeanne will have a combined negative impact on the...
France’s SCOR Group estimates that the total gross cost of the cost of the hurricanes in the United States and...
A.M. Best Co. announced that it has assigned a financial strength rating of “B+” (Very Good) and an issuer credit...
The Bermuda-based White Mountains Insurance Group, Ltd. announced preliminary estimates of the impact of Hurricane Ivan on its insurance and...
Swiss reinsurer Converium has passed a major hurdle in its efforts to reestablish the company’s sagging balance sheet as shareholders...