International News

A.M. Best Co. announced that it has assigned an initial issuer credit rating of “bbb-” to Tower Limited and an... Read More

A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of The Steamship Mutual Underwriting... Read More

Bermuda-based PartnerRe Ltd. reported net income, which includes capital gains and losses on investments, of $104.5 million, or $1.84 per... Read More

Dominique Bazy, 52, a former director of the French bank Credit Lyonnais (CL) pled guilty to one count of fraud,... Read More

Toronto-based Fairfax Financial Holdings Limited announced that it earned US$271.1 million in 2003, the largest annual profit in its history,... Read More

A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Egypt’s Al Chark Insurance... Read More

Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, has completed a review... Read More

ACE Limited reported that net income for the quarter ended December 31, 2003 was $421 million or $1.45 per share,... Read More

Willis Group Holdings Limited announced fourth quarter net earnings of $118 million, or $0.69 per diluted share, compared with $118... Read More

Bermuda-based White Mountains Insurance Group, Ltd. announced good results for 2003, ending the year by posting a 13 percent increase... Read More