Powerful Hurricane Ivan continues to play cat and mouse with forecasters. As of yesterday morning the Category 5 storm was...
International & Reinsurance News
A.M. Best Co. has issued a report on Bermuda’s insurance and reinsurance industry, timed to coincide with the Reinsurance Rendezvous,...
XL Insurance Company Limited (XLICL), a unit of Bermuda’s XL Capital Ltd., announced the appointment of Dr. Gernot Klantschnig as...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Sompo Japan Insurance Inc....
The ACE Group announced the re-naming of its UK Financial Services Authority regulated insurance company, ACE INA UK Limited, as...
Fitch Ratings announced from London that it has downgraded Australia’s QBE Insurance Group Limited’s Long-term rating to ‘A’ from ‘A+’....
A.M. Best Co. announced that it has downgraded the financial strength rating to “B++” (Very Good) from “A-” (Excellent) of...
Bermuda-based Platinum Underwriters Holdings, Ltd. announced that on the basis of currently available information, it estimates that after-tax losses from...
A.M. Best Co. announced several rating actions concerning the U.K.-based insurance group Royal & Sun Alliance and its subsidiary companies....
Bermuda’s XL Capital Ltd. announced the appointment of Mr. Mark W. Callahan as Chief Actuarial Officer of XL’s Insurance Operations....