International & Reinsurance News

New Zealand Nonlife Rates To Rise

Excess capacity, intense competition, inadequate premium rates and a high level of claims resulted in a very poor earnings performance...

NAIC Approves Regulation Blueprint

Amid pressure from the banking industry to regulate insurance on the federal level, state insurance regulators are considering a move...

Philippine Volcano Erupts

Mayon volcano, located in the central Philippines about 190 miles southeast of Manila, erupted Thursday, sending molten rivers of lava...

Royal London To Buy United Assurance

Life and pensions insurer Royal London announced that it has reached agreement with door-to-door mutual insurer United Assurance Group (UAG)...

Australia Battered by Storms, Floods

Monsoon driven rains continued to dump water on central and Northeastern Australia, knocking out bridges, flooding highways and isolating many...

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