Barbados-based Everest Re Group, Ltd. announced that a preliminary estimate of its loss exposure following the collapse of Enron would...
Bermuda News
Bermuda’s ACE Limited took exception to its normal practice and issued a statement concerning rumors of its possible exposure to...
A.M. Best assigned an initial financial strength rating of “A- (Excellent)” to Arch Reinsurance Limited, the company established in Bermuda...
Bermuda’s XL Capital Ltd. announced that it does not have exposure to the asset-backed commercial paper program of Enron Funding...
A.M. Best assigned an initial financial strength rating of “A- (Excellent)” to AXIS Specialty Ltd., the newly formed Bermuda-based insurance...
Imagine Reinsurance Holdings, a Bermuda-based unit of Imagine Insurance Company Ltd. announced the opening of a new operation, Imagine International...
Chicago-based Aon Corp. announced it will sell $750 million in new securities to fund underwriting expansions and to strengthen its...
The Government of Bermuda has transferred responsibility for regulating the island’s insurance operations from the Finance Ministry to the Monetary...
The sudden collapse of energy giant Enron will have global consequences for many banks and insurance companies who were involved...
A.M. Best Co. has assigned an “A” (Excellent) financial strength rating to Da Vinci Reinsurance Ltd., Bermuda, a strategic joint...