Germany News

China To License Nine European Insurers

Chinese insurance regulators have notified nine European insurers that they may submit documents preliminary to receiving licenses to begin or...

Zurich Sells Scudder Financial Unit to

The Anglo-Swiss group Zurich Financial Services (ZFS) and Germany’s Deutsche Bank (DB) announced agreement on a number of cooperation initiatives...

A.M. Best Downgrades Fireman’s Fund

A.M. Best Co. downgraded the financial strength rating of “A++” (Superior) to “A” (Excellent) for Fireman’s Fund Insurance Companies (FFIC),...