Lloyd’s spokesman Adrian Beeby confirmed the organization’s intention to modify the amount members contribute to its Central Fund by raising...
International & Reinsurance News
Tony McGrath, the provisional liquidator for failed Australian insurer HIH, indicated that creditors of the bankrupt company may get only...
A report in London’s Financial Times says that the AIG Group of investors and the management of Hyundai Securities are...
Seattle’s SAFECO reaffirmed its commitment to remain its Lloyd’s operations following the resignation of Ralph Bailey as managing director of...
By applying the old merchants’ rule, “buy it for a nickel, sell it for a dime,” a bit too opportunistically,...
Hannover Re has selected top executive Dr. Detlef Steiner, to become the new head of its largest subsidiary, Clarendon Insurance...
XL Capital Ltd. announced that Moody’s Investors Services had given its coveted Aa2 rating to two XL subsidiaries, XL Insurance...
Munich Re followed its announcement that its net profit for the 1st half of the year almost doubled to $1.18...
Lloyd’s of London yesterday confirmed previously published reports that it would have losses exceeding $3 billion for the years 1998-99...
Helped by recent acquisitions, QBE Insurance, Australia’s second largest general insurer after NRMA, posted a strong 56 percent gain in...