The governments of the U.S., the U.K. and the European Union rode to the rescue of the airline industry over...
Terrorism News
Billion Although it is still too early to predict the financial impact of Sept. 11’s tragic events, A.M. Best Company...
The disasters had an immediate and devastating effect on international trading. Reuters reported that the DJ Stoxx insurance index reportedly...
Philadelphia Consolidated Holding Corp.(PCHC) of Bala Cynwyd Penna. announced that the it expected net pretax losses resulting from the terrorist...
Both France’s AXA Group and Germany’s Allianz AG, the world’s two largest insurance groups, raised their original estimates of potential...
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...