Newly formed Bermuda-based insurer Allied World Assurance Co. (See IJ Website Nov. 27) announced that it has concluded an exclusive...
Bermuda News
The insurance industry has entered a period of sustained consolidation, both domestically and internationally, as a result of the Sept....
Lloyd’s revised estimates of the net losses suffered by its syndicates as a result of the destruction of the World...
Bermuda’s XL Capital announced that it “is realigning” its Lloyd’s operations. As of January 1, 2002 it will take over...
American International Group and Chubb Corp. have joined with GS Capital Partners 2000, L.P., an investment fund managed by Goldman...
Bermuda-based Sovereign Risk Insurance Ltd. announced the launch of its “Real Exchange Rate Liquidity (REX) product,” designed to “partially mitigate...
Bermuda’s PXRE Group Ltd. issued a statement confirming that it had ended discussions with Select Reinsurance Ltd. aimed at establishing...
Standard & Poor’s announced that it has raised its counterparty credit and insurer financial strength ratings on the principal subsidiaries...
Bermuda-based AXIS Specialty Ltd., the new insurance and reinsurance company established by Marsh & McLennan subsidiary MMC Capital through its...
Arch Capital Group’s Arch Reinsurance, formed in response to the WTC disasters (See IJ Website Oct.25), announced that it has...