The U.K.’s Hiscox Plc, which writes business through the Lloyd’s market and independently, released its estimate that the Sept. 11...
International & Reinsurance News
American International Group announced its intention to offer coverage to airlines for war and hijacking (terrorist) risks through its member...
A.M. Best announced a series of rating decisions affecting companies in the U.S., Europe and Canada. On a positive note...
The Anglo-Swiss group Zurich Financial Services (ZFS) and Germany’s Deutsche Bank (DB) announced agreement on a number of cooperation initiatives...
Bermuda’s ACE Ltd. increased its estimates of anticipated losses from the terrorist attacks in the U.S. from $400 million to...
The governments of the U.S., the U.K. and the European Union rode to the rescue of the airline industry over...
Both France’s AXA Group and Germany’s Allianz AG, the world’s two largest insurance groups, raised their original estimates of potential...
Sampo, the Finnish financial group which has been seeking to acquire Norway’s largest insurer, Storebrand, may be about to abandon...
In the face of ever increasing loss assessments from insurers following the terrorist attacks in the U.S., Standard and Poor’s...
The world’s two largest reinsurance companies, Swiss Re and Munich Re, have practically doubled their estimates of potential losses and...