Dublin-based Research and Markets has added “Insurance in Europe” to their offering. The study gives an industry profile, which R&M describes as “an essential resource for top-level data and analysis covering the insurance industry. It includes detailed data on market …
Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series 1 Principal At-Risk variable-rate notes due Jan. 10, 2011 issued by Green Valley Ltd. The transaction closed on Dec. 27, …
Swiss Re has released a preliminary “sigma” report detailing the extent of 2007’s catastrophe losses. According to its initial estimates, more than 20,000 people were killed by natural and man-made catastrophes in 2007; overall financial losses from catastrophes were $61 …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of National Grid Insurance Company Ltd. (NGICL), which is based on the Isle of Man, a captive of National Grid plc. …
Fortis, the Belgian/Dutch banking and insurance group, and Ping An Insurance (Group) Company of China, Ltd. jointly announced that Ping An Life Insurance Company of China, Ltd.,a subsidiary of Ping An Group, had acquired approximately a 4.18 percent stake in …
Navigators Pro, a division of Navigators Management Company, has introduced the Broker InNAVation Securities Broker/Dealer Professional Liability policy. The Broker InNAVation policy provides coverage for securities broker/dealers, their officers, directors, registered representatives and employees legally obligated to pay covered damages …
The Zurich Financial Services Group announced that its subsidiary Zürich Beteiligungs-AG (Deutschland) has signed an agreement to acquire car warranty insurer Real Garant Versicherung AG from ADAC-Schutzbrief Versicherungs-AG with retroactive effect as of January 1, 2007. The purchase price was …
Guy Carpenter & Co. announced that Berry Verkaar has joined the firm as Senior Vice President – Treaty for the Benelux region. He will be based in Rotterdam and report to Managing Director J. Bruno Bogaerts, and will assume responsibility …
American laboratories handling the world’s deadliest germs and toxins have experienced more than 100 accidents and missing shipments since 2003, and the number is increasing steadily as more labs across the country are approved to do the work. No one …
The trustee of the former Weirton Steel Corp. is suing Zurich Specialties London Ltd., claiming the insurance company refused to pay a legitimate claim and now owes the bankrupt steelmaker’s creditors $39 million. The complaint, filed in U.S. District Court …
