International & Reinsurance News

Chubb Still Interested in Hiscox

Chubb Corp. is reportedly still interested in acquiring London-based specialty insurer Hiscox Plc, despite the rejection of a friendly offer...

Europe Greets the Euro

The long wait is finally over, as more than 300 million people in 12 member countries of the European Union...

AIG, Hyundai Accord Delayed Until March

The obstacles separating the consortium led by American International Group and South Korea’s Hyundai Securities have proven more intractable than...

S&P Rates SCOR’s Irish Sub ‘AA-‘

Standard & Poor’s announced that it has assigned its double-‘A’-minus insurer financial strength and counterparty credit ratings to newly created...

Brush Fires Ravage Sydney Suburbs

Over 100 brush fires, fanned by high winds and temperatures exceeding 100°F, continue to ravage the suburbs of Sydney, Australia’s...

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