Italian insurance giant Generali announced that it plans to practically double its current stake in Germany’s Commerzbank, from 5.2 percent...
International & Reinsurance News
A preliminary report, issued by the Bureau Enquete Accidents (BEA) of the French Ministry of Transport, which is investigating the...
In a widely anticipated move the European Central Bank (ECB) raised its basic interest rate a quarter point from 4.25...
OIP Insurtech frequently comes across a paradox in specialty insurance operations. The book is growing, premiums are rising, and new...
French reinsurer SCOR announced first half results which were somewhat lower than anticipated. Net earnings dropped from 1999’s €70 million...
St. Paul International Insurance Co., Ltd., a subsidiary of The St. Paul Companies Inc., announced today it intends to acquire...
CIBC completed the sale of its property and casualty insurance companies–The Personal Insurance Company of Canada and CIBC General Insurance...
Confirming the rumors circulating around Wall Street, AXA Financial, Inc. (AXF), the U.S. holding company 60 percent owned by French...
Joseph Brandon has been promoted to executive vice president of General Re Corp. and named vice chairman and chief executive...
Officials of Japan’s Financial Services Agency ordered the closure of Taisho Life Insurance Company on Monday after Yoshihiko Kokura, the...
The U.K.’s Royal & Sun Alliance Plc joined the ranks of global insurers seeking admission to the Indian market when...