Standard & Poor’s announced that it had lowered the financial strength and counterparty credit ratings to “single-A from single A...
International & Reinsurance News
Spain’s Santander BanCorp (SBC) announced that its Puerto Rican subsidiary, Banco Santander Puerto Rico, has launched Santander Insurance Agency, ”...
London’s Financial Times (FT) reports that U.K. insurer CGNU, which recently announced the sale of its U.S. p/c business to...
After months of speculation Scottish Life announced that it has agreed to be acquired by fellow U.K. mutual insurer Royal...
Swiss Re, among the leaders in applying the Internet to business, announced another initiative Monday with the launch of www.swissre.com/portal,...
Bermuda’s Overseas Partners Ltd. (OPL) announced that it had completed the acquisition of Reliance Re agreed upon last June. It...
A.M. Best’s rating service announced that it had “raised the financial strength rating of AXA Global Risks US Insurance Company,...
ING Canada, a subsidiary of Holland’s ING Group, and seven Canadian insurance brokers have made a joint bid for all...
Lawyers for the family of one of the German victims of the Concorde crash outside Paris on July 25th have...
Hiscox Plc, which does business independently and in the Lloyd’s market as syndicate 33, saw 1st half profits drop to...