Lloyd’s announced preliminary estimates Tuesday that it would suffer an overall loss of at least £1.11 billion ($1.6 billion) for...
International & Reinsurance News
Most analysts have concluded that no serious insured losses will be caused by the current foot-and-mouth epidemic in Britain and...
Italy’s Assicurazioni Generali SpA posted net profits of €1.452 billion ($1.28 billion) for the year 2000, a healthy 74.1 percent...
As the latest in a series of floods, which have ravaged France this winter, showed some signs of receding, insurers...
A.M. Best Co. announced that it “has placed the A+(Superior) financial strength rating of Zurich Financial Services Group’s (Zurich) reinsurance...
AXA’s CEO Henri de Castries, in an interview with the French financial newspaper La Tribune, confirmed that the French insurer...
Sweden’s Skandia Group announced staff reductions in its U.S. subsidiary, American Skandia, aimed at eliminating 150 positions, about 13 percent...
The explosion and fire which ripped through the world’s largest oil rig, killing 10 workers, and eventually causing the structure...
According to a report in Germany’ Der Spiegel Magazine, Allianz AG officials have held talks with financial giant Merrill Lynch...
Everyone from the Russian space team, residents of Japan, Australia and the South Pacific, and certainly the brokers and underwriters...