BRIT Insurance Holdings PLC, a leading participant in the Lloyd’s market, announced plans to raise around £204million ($316 million) through...
International & Reinsurance News
France’s SCOR Group announced that it has broken off talks with Germany’s Gerling Group to acquire its life reinsurance operations,...
Bermuda-based RenaissanceRe Holdings Ltd. announced that it has reached an agreement with Platinum Underwriters Holdings, Ltd. to purchase 3,960,000 of...
Hurricane Isidore smashed into Mexico’s Yucatan Peninsula on Sunday, packing 110 mph winds and dropping 12 to 20 inches of...
A.M. Best Co. announced that while it has affirmed the financial strength rating of A++ (Superior) of Allianz Ag and...
To no one’s surprise shareholders of Italy’s Societa Assicuratrice Industriale (SAI) have approved a merger with rival insurer La Fondiaria...
Credit Suisse (CS), the parent company of U.S. investment bank Credit Suisse First Boston (CSFB) and the Winterthur Group, has...
Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity...
Moody’s Investors Service announced that has downgraded Munich Re’s insurance financial strength rating from the highest possible ‘Aaa’ to its...
AXIS Specialty Limited, the newly formed Bermuda-based insurer, announced that Michael A. Butt has been elected as a member and...