Bermuda’s ACE Ltd. set a price of $35 per share for the 28.6 million shares of its common stock that...
International & Reinsurance News
According to a report from China’s official Xinhua News Agency, monitored by the BBC, eight insurance companies have received approvals...
On Tuesday The National Association of Insurance Commissioners reversed its previous decision to permit Lloyd’s to deposit 60 percent, rather...
Bermuda’s ACE Ltd. reported a net loss for the quarter ended Sept. 30 of $442.6 million compared with net income...
Arch Capital (AC) joined other Bermuda-based insurers in announcing plans to establish a new reinsurance company. Backed by the private...
Lloyd’s confirmed an earlier report from Standard & Poor’s that gross losses from the events of September 11 will be...
Bermuda’s XL Capital Ltd. announced that it was posting a net loss for the 3rd quarter ended Sept. 30 of...
State Farm made another big investment in the reinsurance market, when it agreed to provide an additional £100 Million ($142.5...
Swiss Re, which faces one of the largest loss exposures from the destruction of the World Trade Center, an estimated...
The rocky negotiations between Korea’s Hyundai Group, and a consortium of investors headed by American International Group, who are seeking...