Fitch Ratings lowered its insurer financial strength rating on Attorneys’ Liability Assurance Society Ltd. (ALAS) of Bermuda to “AA-” from...
Bermuda News
Bermuda-based Allied World Assurance Holdings, Ltd, has reported net income of $26.2 million for the second quarter and $44.0 million...
XL Capital Ltd. announced that director Michael A. Butt is resigning from its Board. Butt is expected to be appointed...
Bermuda-based XL Capital Ltd. will add $200 million to its reserves for Sept. 11 terrorism losses and will record an...
Bermuda-based reinsurer PartnerRe Ltd.has affirmed its loss estimate of $400 million from the destruction of the World Trade Center on...
The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the...
Hamilton, Bermuda-based Mutual Risk Management Ltd. (MRM) joined the ranks of companies facing charges of corporate mismanagement for allegedly providing...
Bermuda-based PartnerRe Ltd. named Tad Walker as the Group’s Head of Catastrophe. Walker will be responsible for PartnerRe’s worldwide book...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the insurance operating subsidiaries of the Alea...
Brian Duperreault, Chairman and CEO of Bermuda-based ACE Limited, announced that he, and the company’s CFO Phil Bancroft, would voluntarily...