By applying the old merchants’ rule, “buy it for a nickel, sell it for a dime,” a bit too opportunistically,...
International & Reinsurance News
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...
While reports continue to come in that the investment group headed by American International Group and WL Ross are still...
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...
The provisional liquidators at PricewaterhouseCoopers, Mark Batten and Daniel Schwartzmann, announced that they have established Aurora Corporate Services as a...
Standard & Poor’s announced that it had raised the counterparty credit and financial strength ratings on Latin American Reinsurance Co.,Ltd....
The latest “sigma” report from Swiss Re, “Insurance markets in Asia: sanguine outlook despite short-term uncertainties,” outlines current and future...