A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) to Dublin-based New Technology Insurance...
International & Reinsurance News
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...
Swiss Re CEO John Coomber has officially opened the company’s China branch office in Beijing. The company will offer reinsurance...
Fortress Re, a No. Carolina-based reinsurance company, which collapsed following Sept. 11 related losses, has reportedly been ordered to pay...
A.M. Best Co. announced that it has placed the financial strength rating of “A” (Excellent) of New Zealand’s Credit &...
Torrential rains in the Central Philippine Islands of Leyte and Mindinao caused a series of mudslides, beginning Friday night, in...
A.M. Best Co. announced that it has assigned an “a-” Issuer Credit Rating to Aviva Plc. It has also given...
A.M. Best Co. announced that it has affirmed the ‘A-‘ (Excellent) rating of Lloyd’s Syndicate 570 and the ‘A’ (Excellent)...