Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In...
International & Reinsurance News
Insurance technology provider, Sirius Financial Systems Plc, has reported June was an outstanding month for sales of its Sirius for...
FINEOS Corporation of Dublin, Ireland, has released FINEOS Claims Management for the property/casualty insurance sector. The system provides insurance companies...
A.M. Best Co. has assigned an initial financial strength rating of B+ (Very Good) to Bahrain-based Trust International Insurance Company...
Swiss Re has obtained $255 million of four-year protection against a series of natural catastrophe risks. As part of the...
Bermuda-based XL Capital Ltd. will add $200 million to its reserves for Sept. 11 terrorism losses and will record an...
Bermuda-based reinsurer PartnerRe Ltd.has affirmed its loss estimate of $400 million from the destruction of the World Trade Center on...
A.M. Best Co. affirmed the financial strength rating of “A-” (Excellent) of UIA (Insurance) Limited, United Kingdom. The company’s excellent...
Standard & Poor’s revised the outlook on its “BBB” long-term rating on Fuji Fire & Marine Insurance Co. to stable...
The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the...