Although Hurricane Jeanne has weakened slightly, the storm’s maximum sustained winds are still near 100 mph (160 km/hr) with higher...
International & Reinsurance News
Aviva Plc., the U.K.’s largest insurer, announced that it plans to increase its offshoring capacity by moving some 950 jobs...
ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the expansion of its Defense Base...
Stamford Conn.-based XL Weather & Energy, Inc. (XLWE) a division of Bermuda’s XL Capital Ltd., announced the appointment of Mr....
Bermuda-based sEnergy Insurance, Ltd., a member of the OIL Group of mutual insurers (see related article), announced that underwriting income...
Standard & Poor’s Ratings Services announced that it has affirmed its “A+” long-term counterparty credit and insurer financial strength ratings...
Jack Wesley, President and CEO of the Bermuda-based OIL Group of Companies, announced that he plans to retire in mid-2005,...
A.M. Best Co. announced that it has placed the financial strength rating of “A-” (Excellent) of Bermuda-based Olympus Reinsurance Company...
Converium, the troubled Swiss-based reinsurer, has released a bulletin commenting on its plans and possible strategies in advance of an...
Responding to increases in the frequency and severity of global terrorist activity in each of the past three years, Risk...