Axa Konzern, a German subsidiary of France’s AXA Group, will reportedly sell its 49.9 percent stake in General RE-CKAG, an...
International & Reinsurance News
Standard & Poor’s Ratings Services has issued a statement indicating that “the merger plan between Tokio Marine & Fire Insurance...
Standard & Poor’s Ratings Services announced that it has it lowered its long-term ratings, including its counterparty credit and insurer...
The U.K.’s Brit Insurance Holdings Plc, the parent company of Brit Insurance Limited (BIL), indicated that it is holding talks...
Germany’s Hannover Re has issued a statement commenting on the actions taken by Moody’s Investors Service this week in downgrading...
Millea Holdings Inc., Japan’s biggest P/C insurance group, announced plans to merge Tokio Fire & Marine Insurance Co. and Nichido...
Bermuda’s XL Capital Ltd. announced that David P. Shea has taken up the post of Chief Financial & Administrative Officer...
Munich Re, the world’s biggest reinsurer, managed to avoid the falling equity values and rising reserve costs that bedeviled many...
A.M. Best Co. announced that it has affirmed the A+(Superior) financial strength rating of Italy’s Assicurazioni Generali S.p.A., and assigned...
Swiss Re, the world’s second largest reinsurer, didn’t manage to dodge the bullet as successfully as its German rival (see...