The Federation of European Risk Management Associations (FERMA) has issued a bulletin welcoming the vote by the European Parliament on...
Luxembourg News
European governments struggled on Monday to shelter banks and bank depositors from a global financial crisis that is eroding confidence,...
French bank BNP Paribas agreed to scoop up assets in Belgium and Luxembourg of banking and insurance group Fortis for...
Fortis, the Belgian-Dutch banking and insurance giant, faced a takeover or break-up as European Central Bank President Jean-Claude Trichet held...
U.S. lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets...
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating and insurer financial strength rating on AIG General...
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa”...
UK Flood Model Risk Management Solutions has released a major new upgrade to its U.K. Inland Flood Model. “The upgraded...
Standard & Poor’s Ratings Services has affirmed its insurer financial strength and counterparty credit ratings on holding company QBE Insurance...
Marsh has released key findings from its Financial Institutions – Captive Benchmarking Analysis report, to be published in September. The...