Standard & Poor’s Ratings Services has raised its counterparty credit and insurer financial strength ratings on non-life insurer Zurich Espana,...
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A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of...
Standard & Poor’s Ratings Services has placed its ‘A’ long-term counterparty credit and insurer financial strength ratings on Italy-based insurer...
Recession has struck much of Europe, data showed on Friday, confirming a widespread economic downturn that world leaders hope to...
Allianz’s Dresdner Bank unit posted its biggest quarterly loss since the start of the financial crisis, the insurer said on...
Coface, the Paris-based business specialist, has issued a bulletin, which notes that the “credit crisis is spreading throughout Europe amid...
Balance sheet pressures for insurance and reinsurance companies globally have become more severe as insurers experience greater unrealized market value...
A.M. Best Co. has upgraded the financial strength rating to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating...
European governments struggled on Monday to shelter banks and bank depositors from a global financial crisis that is eroding confidence,...
“Non-life insurance premiums are flat or declining while claims costs are escalating in Western Europe’s major markets,” said a bulletin...