Allied World Assurance Holdings, Ltd. announced that its Irish resident subsidiary, Allied World Assurance Holdings (Ireland), Ltd. has completed the...
International & Reinsurance News
French reinsurer Scor has no plans to pump up its existing reserves to pay for World Trade Center or U.S....
Hamilton, Bermuda-based Mutual Risk Management Ltd. (MRM) joined the ranks of companies facing charges of corporate mismanagement for allegedly providing...
Toronto-based Kingsway Financial Services Inc. has obtained approval from the Financial Services Commission of Ontario (FSCO) to implement increased rates...
Toronto-based Kingsway Financial Services Inc. has obtained approval from the Financial Services Commission of Ontario (FSCO) to implement increased rates...
Bermuda-based PartnerRe Ltd. named Tad Walker as the Group’s Head of Catastrophe. Walker will be responsible for PartnerRe’s worldwide book...
CNA Financial Corporation has signed a binding “share purchase agreement” to sell CNA’s London reinsurance operation, CNA Reinsurance Company Limited...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the insurance operating subsidiaries of the Alea...
France’s Groupama will acquire Plus Ultra Generales, Aviva’s ( ex-CGNU’s) Spanish p/c operation for €246 million ($240 million). The acquisition...
Munich Re, the world’s largest reinsurer, announced several measures to strengthen its reserves in order to anticipate possible additional claims...