Arch Capital (AC) joined other Bermuda-based insurers in announcing plans to establish a new reinsurance company. Backed by the private...
Bermuda News
Bermuda’s XL Capital Ltd. announced that it was posting a net loss for the 3rd quarter ended Sept. 30 of...
Marsh & McLennan Cos.’ Marsh Inc. insurance-brokerage unit has announced the formation of a crisis-consulting practice headed by L. Paul...
Standard & Poor’s announced that it now considered its CreditWatch already in place on Le Mans Re to be “developing”...
Australia’s QBE and Bermuda’s RenaissanceRe have launched public offerings of their shares in an effort to raise additional capital. QBE,...
Marsh & McLennan Cos. Inc. is forming a new firm, to be called Axis Specialty Ltd., to deal with industry...
Swiss Re New Markets Corp. announced that it has entered into a cooperation agreement with Mirant to provide generator forced...
Bermuda-based IPC Holdings, Ltd., which is controlled by American International Group, increased its estimated impact of losses from the attacks...
Marsh & McLennan Cos.’ Marsh Inc. insurance-brokerage unit has announced the formation of a crisis-consulting practice headed by L. Paul...
A number of global insurers/reinsurers have acknowledged greater exposure to claims related to the destruction of the World Trade Center,...