Standard & Poor’s announced that has lowered its long-term counterparty credit and insurer financial strength ratings on Hannover Ruckversicherungs AG...
International & Reinsurance News
A flurry of year end transactions is changing the face of the French insurance market. The MMA-MAAF Group has reportedly...
‘Twas the night before Christmas and all over Europe a scrambling of F-16’s could be heard, as an unidentified flying...
Swiss Re announced that its exposure to Enron related losses is $173 million before tax, around $118 million after tax....
Bermuda’s XL Capital Ltd. announced that its estimated net aggregate insurance and reinsurance underwriting exposures in connection with the bankruptcy...
The London Insurance Community presented a check for $400,000 to the New York Firefighters’ 9-11 Disaster Relief Fund to help...
Swiss Re, NCM and Gerling Insurance Group announced that they have completed the formation of Gerling NCM Credit and Finance...
Standard & Poor’s affirmed its ratings on French reinsurer SCOR and its subsidiaries and removed them from CreditWatch. It also...
A.M. Best has assigned an initial financial strength rating of A+ (Superior) to Bermuda-based Allied World Assurance Company Ltd. (AWAC),...
London’s Financial Times carries a report that the European Commission has completed a preliminary investigation of Lloyd’s operations and may...