A.M. Best Co. announced that it has affirmed the various financial strength ratings of the operating subsidiaries of Toronto-based Fairfax...
International & Reinsurance News
Holland’s ING announced that in order to comply with U.S. GAAP accounting standards it would write down the good will...
Credit Suisse is reportedly planning to put its U.K. subsidiary, P/C insurer Churchill Insurance, up for sale. The company is...
Fortis, the Belgian-Dutch financial services group, acknowledged that 2002 had been a difficult year with net profits dropping from 2.6...
FINEOS Corporation, a leading innovator of banking and insurance software, announced that Delta Lloyd NV, a member of the U.K.-based...
Monte Dei Paschi, Italy’s fifth largest bank, has acquired a 3.1 percent stake in Assicurazioni Generali, the country’s largest insurer,...
A new Swiss Re sigma report, “Natural catastrophes and man-made disasters in 2002,” estimates the cost to the insurance industry...
Lloyd’s of London announced that Constance Curnow of Guy Carpenter and Gerald J. Sullivan of The Sullivan Group are the...
“I was misinformed.” That line from “Casablanca” was apparently echoed last week with the announcement that Allianz and its five...
Borrowing a phrase from Britain’s Queen Elizabeth the Insurance Bureau of Canada labeled the year 2002 an “Anni horribiles” as...