London’s Financial Times carries a report that Lloyd’s underwriter Kiln has written policies insuring an unidentified “multinational pharmaceutical group” against...
International & Reinsurance News
Standard & Poor’s announced that it affirmed its single-‘A’-minus long-term counterparty credit and insurer financial strength ratings on Brit Insurance...
Lloyd’s of London announced that it has completed the transfer of over $5 billion to its trust funds in the...
Bermuda’s PXRE Group Ltd. announced that the Insurance Commissioner of the State of Connecticut has approved the pending $150 million...
Crawford & Company International Inc. announced that it has opened a new office in Auckland, New Zealand, which will operate...
A report by Moody’s Investors Service discusses the long term effects of the dwindling number of Lloyd’s syndicates, and concludes...
The European Commission has approved the complex series of deals between Zurich Financial Services and Germany’s Deutsche Bank first announced...
Claims Direct, the U.K. company which provides insurance settlement services, reported that it expects a loss of £22 million ($31.3...
Holland’s ING Group further strengthened its leading position in the Latin American insurance market with the acquisition of a 49...
Goshawk, a leading Lloyd’s syndicate operator, reported a £7.4 million ($10.5 million loss for the year 2001. An earlier profit...