Standard & Poor’s announced that it has lowered its counterparty credit and financial strength ratings on Scandinavian Reinsurance Co. Ltd....
International & Reinsurance News
In a move which took the insurance world by surprise, Bermuda-based Overseas Partners Ltd. announced its decision to stop writing...
Bermuda’s PXRE Group Ltd. reported that its net income in the fourth quarter increased 56 percent to $8.342 million from...
Inreon, the Internet reinsurance trading organization, announced that CEO Rob Bredahl is to leave the company at the end of...
Standard & Poor’s announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on the operating...
Bermuda’s two largest insurers, ACE and XL, both announced disappointing fourth quarter results, with ACE’s net income down around 60...
Global insurance broker Willis Group Holdings Limited reported record revenue and operating earnings growth for both the fourth quarter and...
Bermuda’s PartnerRe Ltd. reported results for the fourth quarter and full year which reflected the tumult felt by many insurers...
Toro, the insurance division of Italy’s Fiat, has withdrawn its offer to acquire a 22 percent stake in Fondiaria, the...
According to reports in the Polish newspaper Rzeczpospolita the Anglo-Swiss Group Zurich Financial Services plans to withdraw from both the...