After weathering asbestos claims, various disasters and the Sept. 11 attacks, Lloyd’s announced today that 2002 was a spectacularly profitable...
International & Reinsurance News
Equitas, the Lloyd’s runoff vehicle established to handle claims prior to 1992, and Honeywell International jointly announced that they have...
Bermuda-based Trenwick Group Ltd. acknowledged that its wholly owned subsidiary, Trenwick America Corporation, is in default under the Indenture with...
France’s Scor Group, the world’s seventh largest reinsurer, registered a net loss of 455 million Euros ($496 million) for the...
International brokers Marsh and Willis along with four major London-based insurers, ACE European Group, Amlin, Beazley and Wellington, became the...
A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Germany’s Gerling Konzern Allgemeine...
Platinum Underwriters Holdings, Ltd. announced that Justin Cressall has been appointed as Treasurer. He was formerly with KPMG LLP, where...
A court in Frankfurt has ruled against the German Supervisory authority’s, BAFin’s, objections to the sale of the Gerling group’s...
Standard & Poor’s Ratings Services announced that it expects to raise the insurer financial strength and counterparty credit ratings on...
Axa Konzern, a German subsidiary of France’s AXA Group, will reportedly sell its 49.9 percent stake in General RE-CKAG, an...