Following its recent decision to reduce its work force by 14 percent by outsourcing its customer service and backroom operations...
International & Reinsurance News
First quarter results from Bermuda’s RenaissanceRe Holdings and the Everest Re Group confirmed the much anticipated upturn in reinsurance rates....
Scottish Annuity & Life Holdings Ltd. announced that it’s planning on moving “its corporate and international reinsurance operations” to Bermuda”...
The Tokyo District Court, Japanese regulatory authorities and major creditors have all given final approval to American International Group’s takeover...
Last Thursday’s announcement that Michael Bright, the founder and CEO of the U.K.’s Independent Insurance Co., had resigned has ignited...
Despite the economic slowdown in the U.S., two of the U.K.’s largest insurers, CGNU and Prudential plc, reported strong first...
Bermuda-based international broker Stirling Cooke Brown Holdings Ltd. has named Anthony C. McCallum as the new head of its London...
Kansas City-based Aquila, Inc. will join forces with Japan’s Mitsui Marine and Fire Insurance Co. to develop and market weather...
Dublin-based insurer ACE European Markets Insurance Ltd. will expand the ACE Group’s activities in the London market with the opening...
Bermuda-based Mutual Risk Management Ltd. will receive a much needed capital injection of $112.5 million in the form of senior...