Britain’s Financial Service Authority (FSA), which officially took on broad new regulatory powers over the insurance industry on Dec.1, plans...
International & Reinsurance News
The sudden collapse of energy giant Enron will have global consequences for many banks and insurance companies who were involved...
American International Group and its partners appear to be back on track for the completion of their acquisition of three...
A.M. Best announced that it has downgraded the financial strength rating of Denmark’s Copenhagen Reinsurance Group to C+ (Marginal) from...
Munich Re, the world’s largest reinsurer, suffered a commensurately large loss in the 3rd quarter of €1.2 billion ($1.05 billion)...
Newly formed Bermuda-based insurer Allied World Assurance Co. (See IJ Website Nov. 27) announced that it has concluded an exclusive...
According to a report from Reuters News Agency, Aon Corp., the world’s second largest insurance broker, is in the process...
Standard & Poor’s assigned its single-‘A’-minus long-term counterparty and insurer financial strength ratings to Finnish insurer Sampo Industrial Holdings Insurance...
Swiss Re announced that its annual conference, “Year-end Economic and Insurance Industry review of 2001 and Outlook for 2002,” will...
Maurice “Hank” Greenberg, the CEO of American International Group and Lloyd’s Chairman Saxon Riley met yesterday at a ceremony marking...