U.K. auto insurer Direct Line, a subsidiary of the Royal Bank of Scotland, has agreed to acquire the Italian auto...
United Kingdom News
Policyholders, including representatives of some 6000 pension funds, overwhelmingly approved a proposal by the U.K.’s beleaguered Equitable Life to accept...
CNA Financial Corporation announced that it expects a 2001 fourth-quarter net loss between $20 million and $35 million, compared with...
Standard & Poor’s today affirmed its “AA” long-term counterparty credit and insurer financial strength ratings on the operating entities of...
Cox Insurance, a leading Lloyd’s underwriter and retail insurer, announced that additional claims from the WTC disaster have raised its...
After a series of meetings with airlines and the insurance industry, Britain’s Treasury Department has agreed to extend the emergency...
A.M. Best announced that it has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of the U.K.’s...
Alea Group Holdings (Bermuda) Ltd.(AGH) announced that it has received an additional $90 million of new equity capital from institutional...
Another trial in the ongoing dispute between insurers and lending banks over claims payments covering the production and distribution of...
A.M. Best announced that it has affirmed the A++ (Superior) financial strength rating of Cornhill Insurance PLC, London, the principal...