Bam, the ancient city in southeastern, Iran lies in ruins after an earthquake, measured locally at 6.3 on the Richter...
International & Reinsurance News
ACE Guaranty Corp. announced the appointment of Michael Schozer as its new President and the retirement of Jerry Jurschak, Chief...
Swiss Re announced that it has received a branch license from Japan’s Financial Services Agency, giving it permission to provide...
Bermuda-based AGC Holdings Limited, a wholly owned subsidiary of ACE Limited, announced it has filed a registration statement on Form...
The fallout from the collapse of Parmalat, the Italian dairy and food-processing group, is spreading ever wider. With commentators and...
A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) to Dublin-based New Technology Insurance...
Millea Holdings Inc., Japan’s largest general insurer, announced plans to acquire the Japanese life business of Sweden’s Skandia Insurance Co....
Fitch Ratings announced that it has affirmed the “AAA” insurer financial strength (IFS) ratings of XL Capital Assurance Inc. (XLCA)...
Toronto-based Fairfax Financial Holdings Limited announced that a wholly-owned subsidiary has entered into a US$300 million revolving letter of credit...
Fortress Re, a No. Carolina-based reinsurance company, which collapsed following Sept. 11 related losses, has reportedly been ordered to pay...