Australia News

Berkley Insurance (Europe) Names Esteban to Head Spanish Branch

W. R. Berkley Insurance (Europe), Limited announced that it has named Javier Esteban Presidente Ejecutivo of its Sucursal en España branch located in Madrid, Spain. The appointment to this newly created position is effective immediately. Esteban has more than 40 …

Gallagher Energy Opens Calgary Office

Arthur J. Gallagher International has opened a new office in Calgary, Alberta, Canada trading under the name Gallagher Energy Risk Services. Former Aon energy leader Scott Heighington will head the new office. He will be joined by David Braid and …

Ratings Recap: Singapore Re, AGF, Ansvar, White Mountains Re, Oriental, Jupiter

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ratings reflect Singapore Re’s “superior risk-adjusted capitalization level, increasing presence in …

London: International Insurance Center

Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s” – London’s financial and …

London: International Insurance Center

Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s”— London’s financial and insurance …

Rescuers Continue Digging As Indonesia Earthquake Toll Tops 1,000

Rescuers dug feverishly on Friday through the rubble of a school and other buildings toppled by an earthquake in the Indonesian port of Padang, but few victims were being found alive two days after the tremor. The United Nations said …

Over 500 Reported Dead in Sumatra Quake; AIR Analyzes Disaster

Not long after the Samoan earthquake and tsunami struck in the South Pacific, a major earthquake occurred 9500 kms (5900 miles) away off Sumatra in western Indonesia. Latest news bulletins have raised the initial death toll from the disaster to …

Best Affirms Ratings on QBE and Operating Companies

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited , Australia’s QBE Insurance (International) Limited and QBE Reinsurance (Europe) Limited, which is based …

Best Affirms QBE’s U.S. Subsidiaries Ratings; Upgrades North Pointe

A.M. Best Co. has affirmed the various financial strength ratings (FSR) and issuer credit ratings (ICR) of the operating entities of QBE the Americas, which include the New York-based QBE Re Group, the Delaware-based QBE Regional Insurance Group and its …

Ratings Recap: Starr Surplus, Wethaq, Unity Re, Ansvar

A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Chicago-based Starr Surplus Lines Insurance Company, a wholly owned subsidiary of Bermuda-based Starr Insurance & Reinsurance Limited and an indirect …