Australia Flood Damage Seen as Long-term; Rail, Road Links Destroyed January 7, 2011 By Daniel Munoz Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some...
Australia Floods Cause ‘Catastrophic Damage’ January 5, 2011 By Daniel Munoz Australia’s record floods are causing catastrophic damage to infrastructure in the state of Queensland and have forced 75 percent of...
Relief Flights Reach Flood Stricken Australian City as Waters Rise January 4, 2011 Military flights rushed Monday to restock an Australian city before it is cut off by floodwaters that have turned a...
UK Homeowners Insurance is Biggest Fraud Target; $3.55 Million a Day December 30, 2010 Home insurance is now the number one target for insurance fraudsters according to the hundreds of fraudulent insurance claims exposed...
Munich Re Invests $3.31 Billion in German Wind Power Plants December 30, 2010 Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany. It...
Reinsurance Renewal Rates On the Decline, Reports Claim December 30, 2010 Reinsurance rates for 2011 are falling at the same or greater pace than traditional insurers and further softening of the...
Best Europe Affirms ‘A’ Ratings of HDI, Gerling, Talanx Companies December 28, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer...
Best Assigns Rating to Allianz Risk Transfer AG December 23, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer...
Ratings Recap: Beazley (U.S.), Atradius Trade Credit, HDI-Gerling America December 23, 2010 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Connecticut-based...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information December 20, 2010 Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of...