Standard & Poor’s announced that it has removed from CreditWatch and affirmed its single-‘A’ minus counterparty credit and insurer financial...
International & Reinsurance News
Germany’s Allianz announced the launch of “a new product addressing the need of airlines for a solution regarding their exposure...
The St. Paul Companies announced plans to transfer its ongoing reinsurance operations to a newly-formed Bermuda-based reinsurer, Platinum Underwriters Holdings,...
W.R. Berkley will up its share in Lloyd’s insurer Kiln to 20 percent by acquiring 32.8 million newly offered shares...
The Chubb Group announced that it has opened a new office in Melbourne, Australia, “to further support the growing demand...
Sir Roger Hurn abruptly announced that he would step down as Chairman of the U.K.’s Prudential, amid controversy over his...
Bermuda- based IPC Holdings, Ltd. reported that its operating income, which excludes net realized gains and losses, rose to $44.3...
Everest Re Group, Ltd. reported that its first quarter 2002 after-tax operating income, which excludes realized capital gains and losses,...
Oakland-based EQECAT Inc. announced the release of “WORLDCATenterprise (TM) 3.0,” new catastrophe management modeling software, covering risks in 88 different...
CGNU’s Directors succeeded in getting shareholder approval for their plan to rename the venerable insurer Aviva, as of July 1,...