France’s SCOR Group restated its case for its proposed merger with Swiss-based Converium in an investors’ presentation. SCOR stressed that, if the two companies were to combine their activities, it would assure a well-balanced book of business between life and …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Swiss-based reinsurer Converium AG and its long-term insurer financial strength ratings on guaranteed operating entities Converium Rueckversicherung (Deutschland) AG and Converium Insurance (U.K.) …
Caribbean countries joined by outside donors and international and regional organizations established a $47 million (euro35.7 million) insurance pool this week to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out …
France’s SCOR Group opened a new front in its bid to acquire Swiss-based reinsurer Converium (See IJ web site Feb.19). SCOR followed its acquisition of 32.9 percent of Converium’s shares with a hostile offer to acquire the remainder for around …
The World Bank and Caribbean nations are exploring the creation of a new fund to insure island nations against hurricanes and other natural disasters. Representatives from 18 Caribbean countries gathered Monday in Washington to discuss the bank’s first program to …
Sullivan discusses reinsurance collateralization, surplus lines regulation reform Gerald Sullivan, chairman of Los Angeles-based The Sullivan Group, has been said to have grown up reading insurance rating manuals instead of Mother Goose books. He is the third generation to enter …
The insurance industry needs to improve its customer retention strategies, because a satisfied customer isn’t always a loyal one, according to the World Insurance Report, an international study of more than 10,000 insurance customers, insurers and distributors. The study, released …
Sullivan discusses reinsurance collateralization, surplus lines regulation reform Gerald Sullivan, chairman of Los Angeles-based The Sullivan Group, has been said to have grown up reading insurance rating manuals instead of Mother Goose books. He is the third generation to enter …
Report: Customer satisfaction doesn’t guarantee loyalty The insurance industry needs to improve its customer retention strategies, because a satisfied customer isn’t always a loyal one, according to the World Insurance Report, an international study of more than 10,000 insurance customers, …
Gerald Sullivan, chairman of Los Angeles-based The Sullivan Group, has been said to have grown up reading insurance rating manuals instead of Mother Goose books. He is the third generation to enter the insurance business in his family. Sullivan is …
