Four of the world’s largest insurance trade associations have provided the London-based International Accounting Standards Board (IASB) with detailed suggestions...
International & Reinsurance News
Chubb Corp. issued a statement that its investment services subsidiary would vote its 54,529,566 ordinary shares in Hiscox plc against...
Bermuda’s XL Capital Ltd. announced that its space and aviation operations, previously part of Brockbank Insurance Services, Inc., will now...
The European Union plans to to end the emergency coverage it has granted to the community’s airline’s for terrorist liability...
Standard & Poor’s announced that its ratings on Gerling-Konzern Globale Ruckversicherungs-AG (GKG) and related entities will “remain on CreditWatch with...
BRIT Insurance Holdings PLC, a leading participant in the Lloyd’s market, announced plans to raise around £204million ($316 million) through...
France’s SCOR Group announced that it has broken off talks with Germany’s Gerling Group to acquire its life reinsurance operations,...
Bermuda-based RenaissanceRe Holdings Ltd. announced that it has reached an agreement with Platinum Underwriters Holdings, Ltd. to purchase 3,960,000 of...
Hurricane Isidore smashed into Mexico’s Yucatan Peninsula on Sunday, packing 110 mph winds and dropping 12 to 20 inches of...
A.M. Best Co. announced that while it has affirmed the financial strength rating of A++ (Superior) of Allianz Ag and...