U.S. life insurers, already weakened by the global financial crisis, are expected to report their worst-ever quarterly results in the...
Financial News
“Recent insurer downgrades and financial woes have raised the level of counterparty risk to buyers who are becoming increasingly concerned...
Trade credit insurer Coface notes that the current “credit crisis, which entered its second phase in the fourth quarter of...
Connecticut Attorney General Richard Blumenthal is questioning why up to $400 million in federal bailout money is going to the...
Lloyd’s Chairman, Lord Peter Levene, has given his views on protectionism, regulation, recession and tomorrow’s world order in an interview...
The Channel Island of Guernsey, a major captive domicile, has welcomed its ‘white listing’ by the OECD as a result...
Swiss Re has announced cost cutting moves aimed at saving around CHF 400 million ($349 million) “by the end of...
Munich Re announced that it has successfully concluded the acquisition of specialty insurer HSB Group from US insurer AIG for...
Fortis NV Wednesday postponed a shareholder vote until April 28-29 on the sale of its former banking arm to BNP...
Insurers and reinsurers may have weathered the global financial crisis comparatively well so far, but they could be facing another...