International News

A.M. Best Co. has withdrawn the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of... Read More

Standard & Poor’s Ratings Services indicated that Germany’s Allianz (AZSE) plans to buy out the minority shareholders in Assurances Generales... Read More

Germany’s Allianz SE, Europe’s largest insurer in terms of gross premiums written, is set to get even bigger. The Munich-based... Read More

Hannover Re has increased its underwriting capacity for catastrophe risks through a $106 million capital market securitization, which “boosted the... Read More

Lloyd’s capacity for the year 2007 has increased to approximately £16 billion ($31.42 billion at current conversion rates), compared to... Read More

More than 100,000 people have been evacuated in southern Malaysia to escape massive flooding, which has raised the specter of... Read More

Standard & Poor’s Ratings Services has stated that its rating and outlook on French reinsurer AXA Re (currently “AA-“/Stable) “are... Read More

John Tiner, CEO of the UK’s Financial Services Authority (FSA), has announced that he intends to step down later this... Read More

The Market Reform Group (MRG) has produced its plan for continuing to modernize London market processes throughout 2007 and beyond.... Read More

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