The European Parliament, the legislature of the European Union, has adopted the recommendations of the European Commission, the EU’s executive...
International & Reinsurance News
Xchanging, which began life by taking over Lloyd’s back office processing last year, and has since become one of the...
Even before the oil tanker “Prestige” went to the bottom of the Atlantic off the Spanish coast yesterday, calls were...
Bermuda’s XL Capital has filed with the Securities Exchange Commission to sell up to $1.5 billion worth of common and...
Standard & Poor’s Ratings Services announced that, following a review, it has raised its long-term local currency counterparty credit and...
Standard & Poor’s Rating Services announced that, although it was affirming the ‘AA’ insurer financial strength and counterparty credit ratings...
Swiss-based Converium Group announced details of the $70.3 million in additional reserves it expects to fund for Converium North America...
A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Bermuda-based Max Re Ltd.,...
In a bulletin released today France’s Scor SA, the world’s 7th largest reinsurer, announced that it expects to post a...
Australia’s beleaguered AMP Ltd. announced that it could writedown as much as A$1.2 billion (U.S.$675 million) in the value of...