Both France’s AXA Group and Germany’s Allianz AG, the world’s two largest insurance groups, raised their original estimates of potential...
Terrorism News
The St. Paul Companies announced that the terrorist attacks of Sept. 11 will likely result in estimated net pretax losses...
SAFECO stated on Sept. 20 that its primary insurance lines will likely incur losses of $25 million due to the...
No words will ever be able to fully convey the shock and the stunned incredulity around the world as the...
Sampo, the Finnish financial group which has been seeking to acquire Norway’s largest insurer, Storebrand, may be about to abandon...
Fitch placed the ratings of Markel Corporation on Rating Watch Negative. The rating action reflects Fitch’s concerns that losses from...
America has witnessed an outpouring of emotion and a desire to help after the tragic events of Sept. 11. Following...
Chicago-based CNA Financial Corp., the No. 2 U.S. business insurer, said its losses from the Sept. 11 attacks on the...
They say we do not know what we have until it’s gone. As Americans, we have been wrenched from our...
The business of reinsurance is a comparatively small but integral part of the overall insurance industry. Simply defined, reinsurance is...