Standard & Poor’s Ratings Services has registered a quick reaction to the ravages of Hurricane Katrina on the petroleum industry....
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International News
The Bermuda-based Alea Group announced that its first half profits suffered a 47 percent decline to $25.9 million, compared to...
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Swiss Re’s preliminary estimates of insured losses from Hurricane Katrina are significantly higher than Munich Re’s (see previous article). The...
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A Munich Re spokesman told news organizations on Tuesday that the world’s largest reinsurer’s preliminary estimates of insured losses from...
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Lloyd’s has issued the following statement concerning Hurricane Katrina’s possible impact: “Lloyd’s expects to receive significant insurance claims as a...
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Symbility Solutions Inc., a wholly-owned subsidiary of Automated Benefits Corp., has reached a five-year agreement with Gore Mutual Insurance Company...
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Reports from Reuters, the Financial Times and other sources indicate that Equitas, the Lloyd’s runoff vehicle, will announce that it...
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Another fatal building fire erupted in Paris on Monday night, Aug. 29, claiming 7 lives and injuring 14, three seriously....
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Bermuda-based Allied World Assurance Company, Ltd. (AWAC) announced that Frank N. D’Orazio has been named senior vice president and global...
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The French Transport Ministry announced that it will publish a list of airlines that have been banned from landing in...
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