Heavy rains over the last three days have caused rivers to overflow and floodwaters to spread across wide areas of...
International & Reinsurance News
Bermuda’s XL Capital Ltd. unveiled the second phase of its restructuring plan on Thursday, announcing a refocusing on more profitable...
The Board of Directors of Bermuda-based PartnerRe. Ltd. has selected Patrick Thiele to succeed Herbert Haag, who founded the company...
Chief U.S. trade negotiator Charlene Barshefsky made an unscheduled trip to Beijing to meet premier Zhu Rongji in an apparent...
“Demand for traditional property-casualty reinsurance will continue to decline over the next five years as primary insurers grow in size,”...
On Tuesday night President Clinton signed into law the bill granting China Permanent Normal Trading Relations (PNTR), opening a new...
Hartford Financial Services Group has applied for permission from the Financial Services Administration for permission to begin marketing variable annuity...
AIG has reportedly confirmed that it will continue talks with Japan’s Chiyoda Life in an effort to restructure the 96...
The St. Paul International Insurance Co., a subsidiary of The St. Paul Companies, announced that it had completed the purchase...
While the earthquake which struck Western Japan last week was very strong, measuring 7.3 on the Japanese Meteorological Agency scale,...