Millea Holdings Inc., Japan’s largest general insurer, announced plans to acquire the Japanese life business of Sweden’s Skandia Insurance Co....
International & Reinsurance News
Fitch Ratings announced that it has affirmed the “AAA” insurer financial strength (IFS) ratings of XL Capital Assurance Inc. (XLCA)...
Toronto-based Fairfax Financial Holdings Limited announced that a wholly-owned subsidiary has entered into a US$300 million revolving letter of credit...
Fortress Re, a No. Carolina-based reinsurance company, which collapsed following Sept. 11 related losses, has reportedly been ordered to pay...
A.M. Best Co. announced that it has placed the financial strength rating of “A” (Excellent) of New Zealand’s Credit &...
Swiss Re CEO John Coomber has officially opened the company’s China branch office in Beijing. The company will offer reinsurance...
Torrential rains in the Central Philippine Islands of Leyte and Mindinao caused a series of mudslides, beginning Friday night, in...
The American Insurance Association noted that a new free trade agreement with Central American nations, which is expected to be...
San Rafael Calif.-based Fair Isaac Corporation announced that it will host InterACT, a major conference on business analytics and its...
A.M. Best Co. announced that it has assigned an “a-” Issuer Credit Rating to Aviva Plc. It has also given...