XL Capital Assurance Inc. (XLCA), a unit of Bermuda’s XL Capital Ltd., announced the formation of a financial guarantee subsidiary...
International & Reinsurance News
Nordea, Scandinavia’s largest financial services and insurance group, announced that CEO Thorleif Krarup has resigned “for family reasons,” and will...
Holland’s ING Group announced Friday that Peter Gloystein, a member of the Executive Committee of ING Europe, has decided to...
Iowa-based Principal Financial Group announced that it has reached a definitive agreement for the sale of its BT Financial Group...
Holland’s ING Group surprised analysts yesterday when it released its first half results. Although operational net profit declined by 2...
Standard & Poor’s reacted quickly to the announcement by Japan’s Kyoei Mutual Fire & Marine Insurance Co. that it had...
Many analysts expect that the floods in Eastern Europe could end up costing the continent’s insurers as much as $3...
Bermuda’s PXRE Group Ltd. announced that James F. Dore the Company’s Executive VP, Treasurer and Chief Financial Officer, will retire...
Despite both good and bad news, France’s AXA Group released preliminary estimates showing an operating profit of €1.02 Billion ($1...
Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on...