France’s Credit Lyonnais (CL) and the Consortium de Réalisation (CDR), a French government agency established to handle the bank’s debt...
International & Reinsurance News
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A-‘ counterparty credit and preliminary senior debt, ‘BBB+’ subordinated...
Hurricane Fabian is still a class 4 storm, even though its maximum sustained winds have lessened somewhat to 135 mph...
Toronto-based Kingsway Financial Services Inc., a leading non-standard auto insurer in the U.S. and Canada, announced the appointment of Stuart...
ING, the Netherlands-based insurer and financial services company, which controls Comercial America, Mexico’s largest insurer, has been hit by a...
A.M. Best Co. announced that it has “affirmed the financial strength rating of A (Excellent) of the Swiss-based Converium Group...
A powerful hurricane with the somewhat unlikely name of “Fabian” is currently roiling the waters of the mid-Atlantic. The storm,...
Standard & Poor’s Ratings Services has published a report on the Asia-Pacific nonlife reinsurance market, which indicates that it “is...
The Insurance Bureau of Canada lauded the Ontario government’s enactment of the latest package of automobile insurance reforms, indicating that...
Unlike its German rival (see following story) Swiss Re posted a significant first half-earnings increase to CHF 691 million ($490...