International News

Swiss Re announced record 2006 earnings of CHF 4.6 billion ($3.76 billion), a 98 percent increase over 2005. Earnings per... Read More

Following its upbeat analysis of the personal lines market (See related article in National section), A.M. Best Co. has also... Read More

Caribbean countries joined by outside donors and international and regional organizations established a $47 million (euro35.7 million) insurance pool this... Read More

Boston-based AIR Worldwide Corporation announced that Hardy (Underwriting Agencies) Limited, a subsidiary of Hardy Underwriting Group plc, has licensed AIR’s... Read More

The World Bank and Caribbean nations are exploring the creation of a new fund to insure island nations against hurricanes... Read More

Brian Storms, Chairman and CEO of Marsh Inc, speaking at the opening of the Marsh National Oil Company conference in... Read More

A.M. Best Co. has affirmed its Syndicate Rating of “A” (Excellent) and issuer credit rating (ICR) of “a” of Lloyd’s... Read More

Germany’s Hannover Re announced that “for the first time” it has “transferred the risks deriving from so-called ‘reinsurance recoverables’ to... Read More

A report from the UK’s Treasury Department, which calls for more regulation and control over travel insurance sold through tour... Read More

Standard & Poor’s Ratings Services said in a new report that the risk management practices and internal control policies of... Read More