Even before the oil tanker “Prestige” went to the bottom of the Atlantic off the Spanish coast yesterday, calls were...
International & Reinsurance News
Bermuda’s XL Capital has filed with the Securities Exchange Commission to sell up to $1.5 billion worth of common and...
Standard & Poor’s Rating Services announced that, although it was affirming the ‘AA’ insurer financial strength and counterparty credit ratings...
Swiss-based Converium Group announced details of the $70.3 million in additional reserves it expects to fund for Converium North America...
A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Bermuda-based Max Re Ltd.,...
In a bulletin released today France’s Scor SA, the world’s 7th largest reinsurer, announced that it expects to post a...
Australia’s beleaguered AMP Ltd. announced that it could writedown as much as A$1.2 billion (U.S.$675 million) in the value of...
Germany’s Allianz announced that it would report a net loss for the third quarter of 2.5 billion Euros ($2.525 billion)...
Aon has agreed to sell its Sheffield Insurance Corporation, a specialty property and casualty insurance subsidiary, to Bermuda’s Axis Specialty...
While it wasn’t in the same league with Allianz, Italy’s Generali posted a 401 million Euro ($402.7 million) loss in...