London News

BLOWN OUT OF THE WATER

Texas Insurance Commissioner Jose Montemayor ordered a London-based “foundation” to pay a $500,000 fine and to stop offering boat insurance...

S&P Affirms Lloyd’s A+ Rating

Despite expected losses from 1997 through this year, Standard & Poor’s reaffirmed the Lloyd’s insurance market’s A+ insurer financial strength...

Scottish Life Turns Down GE Bid

In a surprise move Friday, Scottish Life and GE Capital broke off their acquisition discussions apparently in disagreement over the...

Rhine Re Changes Name To Alea Group

Rhine Re, the Swiss based reinsurance company controlled by Kohlberg Kravis Roberts & Co., has announced that “it is re-branding...