A.M. Best Co. announced that it has raised the financial strength rating to A (Excellent) from A- (Excellent) of U.K.-based...
International & Reinsurance News
Swiss-based Converium Holding Ltd, announced terms for a settlement regarding the buy-out of shares of excluded minority shareholders of Converium...
The U.K.’s Royal & Sun Alliance is reported to be considering restructuring its operations in Australia and New Zealand prior...
ACE Limited announced that it will incur a net after-tax charge to earnings of $354 million ($1.32 per share) in...
Standard & Poor’s may not envision any downgrades for Australian P/C insurers hit by bushfire losses (See previous article), but...
Lloyd’s announced that it has recently accredited Canada’s Beach & Associates Ltd. and Italy’s Aon Italia Srl as the first...
Standard & Poor’s issued a bulletin indicating that it is “monitoring the effect of the Australian bushfire crisis on the...
Denis Kessler, who recently took over as the head of France’s SCOR Group, revealed additional measures to implement his “Back...
A.M. Best Co. has affirmed the group financial strength rating of A+ (Superior) of Bermuda-based PartnerRe Group and its core...
Standard & Poor’s issued a bulletin confirming that the primary insurance entities of Germany’s Gerling insurance group “remain on CreditWatch...