Standard & Poor’s has removed from CreditWatch its long-term counterparty credit and senior debt ratings on Chubb Corp. and lowered them to ‘A’ from ‘A+’ because it does not believe that Chubb’s operating performance and capital strength support the former …
Swiss Re announced that it will host a one-day, executive education workshop entitled, “Weatherproof Your Business: New Financial Strategies For Managing Weather and Climate Risk,” in partnership with Penn State’s Smeal College of Business and the College of Earth and …
According to a bulletin from the Alliance of American Insurers “A bill being heard today by the Rhode Island House Judiciary Committee is an attempt by the trial bar to restrict the use of confidentiality and settlement agreements in certain …
Virginia-based Hilb, Rogal and Hamilton Company (HRH), the world’s tenth largest insurance intermediary, announced that Andrew L. Rogal will retire following the company’s annual meeting of shareholders on May 6th for personal reasons, and that the board of directors has …
The Bermuda-based Trenwick Group Ltd. announced that it expects that its common shares and the Series A Perpetual Preferred Stock of LaSalle Holdings Ltd., its Bermuda-based subsidiary, will be quoted on the Over-The-Counter (OTC) Bulletin Board, as of Tuesday, March …
Germany’s Allianz announced that it has received final approval from Chinese regulatory authorities to launch its first property and casualty insurance operation in China, to be called Allianz Insurance Company Guangzhou Branch. The announcement, which appeared on the Allianz web …
Oakland-based EQECAT, Inc. a subsidiary of Houston’s ABS Consulting, announced that its 2003 European Catastrophe Management Summit will take place on June 24-27, 2003 at the Hotel Princesa Sofia InterContinental in Barcelona, Spain. “This year the European Summit will address …
Bermuda’s AlphaStar Insurance Group Limited announced that it has entered into a definitive agreement to sell three subsidiaries, Realm National Insurance Company (RNIC), a New York-domiciled property-casualty insurer; World Trade Services, Inc. (WTS), a managing general agency headquartered in New …
Germany’s Allianz AG, one of the largest providers of coverage to the European Community’s air carriers, has issued a statement indicating that, while it has no plans to cancel coverage on flights headed for the Middle East, its customers were …
Ben Hill Griffin III, CEO and chairman of the Board of Alico Inc. announced that Agri-Insurance Company Ltd., a wholly owned subsidiary of Alico Inc., has entered into a contract to sell 313 acres in Lee County, Florida to Airport …
