Bermuda-based XL Capital Ltd. will add $200 million to its reserves for Sept. 11 terrorism losses and will record an...
Terrorism News
Bermuda-based reinsurer PartnerRe Ltd.has affirmed its loss estimate of $400 million from the destruction of the World Trade Center on...
The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the...
French reinsurer Scor has no plans to pump up its existing reserves to pay for World Trade Center or U.S....
New York Insurance Superintendent Gregory V. Serio’s decision to allow insurers to build “catastrophe loads” into their workers’ compensation reserves...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the insurance operating subsidiaries of the Alea...
Munich Re, the world’s largest reinsurer, announced several measures to strengthen its reserves in order to anticipate possible additional claims...
Ajalon Specialty Insurance Brokers has E&S and specialty markets available for auto-commercial (commercial auto liability—misc./special purpose), contractors & related, artisan...
The property/casualty insurance industry recorded its first-ever net loss after taxes in 2001, stemming from sharply higher underwriting losses and...
Atlanta-based attorney Tom Player, who chairs the Insurance group at Morris, Manning & Martin, LLP, announced that he plans to...