World leaders and ordinary citizens paused over the weekend to commemorate three tragic events that marked the 20th century. While...
International & Reinsurance News
A Japanese commuter train came off the tracks at Amagasaki, a suburb of Osaka, about 400 kms (255 miles) west...
The U.K.’s Chartered Insurance Institute (CII) and Allianz Cornhill, the U.K. subsidiary of Germany’s Allianz, announced the success of a...
With a saturated and highly competitive home market, Japanese insurers are increasingly looking abroad for opportunities to expand. According to...
The Association of British Insurers (ABI) has urged the U.K.’s Financial Services Authority (FSA) to improve its enforcement procedures so...
A.M. Best Co. has downgraded the financial strength rating to B++ (Very Good) from A (Excellent) of Zurich Specialties London...
Rory Carvill, executive chairman of Carvill, a leading specialty reinsurance intermediary, has announced the appointment of John Cavanagh and David...
A.M. Best Co. and Standard & Poor’s Ratings Services have assigned an “a+” and an “AA-” senior unsecured debt rating...
Following its assignment of an “a+” rating to Generali’s 500 million euro ($653.4 million) debt issue (see previous article), A.M....
The Paris office of Standard & Poor’s Ratings Services has issued a statement indicating that it does not expect the...