Swiss Re’s chief US economist, Kurt Karl, stated that the Federal Reserve Board’s decision to lower the target federal funds...
International & Reinsurance News
Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and financial strength ratings, on Canadian...
Bermuda- based Montpelier Re Holdings Ltd.(MRH) reported net income of $26.5 million, or $0.50 diluted earnings per share, for the...
Bermuda’s RenaissanceRe apparently has a larger stake in Platinum Underwriters than was originally announced, around 14.2 percent rather than the...
Lord Peter Levene of Portsoken was unanimously confirmed today by the Council of Lloyds as the 61st Chairman of Lloyd’s,...
A.M. Best Co. announced that it has assigned an initial financial strength rating of ‘A ‘(Excellent) to the reinsurance subsidiaries...
In a sudden, but not totally unexpected, move France’s SCOR Group announced that Denis Kessler would replace Jacques Blondeau as...
Bermuda-based Trenwick Group Ltd. announced that it has concluded an agreement with National Indemnity Company, a member of Warren Buffet’s...
Chinese regulators have given the green light to three more foreign companies to set up operations in the country. Licenses...
Bob Mendelsohn’s departure in September as CEO of the U.K.’s Royal & Sun Alliance doesn’t seem to have helped the...