Only a few months ago, insurance captives were a topic of some criticism in the presidential primaries. But after Vermont...
Bermuda News
Two other Bermuda-based insurers also issued brief statements giving loss estimates from Hurricane Charley. The island’s largest insurer, Ace Limited,...
Bermuda-based Endurance Specialty Holdings Ltd. reported estimated that losses from Hurricane Charley would impact the company’s third quarter earnings, after-taxes,...
RenaissanceRe Holdings Ltd., Bermuda’s premier property reinsurer, issued a statement indicating that, based on initial loss reports, Hurricane Charley will...
Bermuda-based PartnerRe Ltd. estimated that claims relating to its exposure to Hurricane Charley are expected to be between $35 and...
Maryland Insurance Commissioner Alfred W. Redmer, Jr. has moved to end what his agency says is a comprehensive scheme of...
Bermuda’s XL Capital Ltd. announced that, based on initial loss reports and preliminary estimates, it expects to receive net claims...
ACE Europe, a division of Bermuda’s ACE Limited, announced the launch of a system, described as “the insurance industry’s first...
While any accurate figures of the economic cost of Hurricane Charley’s deadly passage through Florida will not be available for...
A.M. Best Co. announced that it has assigned indicative debt ratings of “bbb” to unsecured senior debt; “bbb-” to subordinated...