South Korea’s Hyundai Fire & Marine Insurance is offering a policy to the country’s restaurants, hotels, and other commercial businesses designed to cover damages caused by “hooligans” during Soccer’s World Cup Competition, which begins at the end of May. The …
On Jan. 3, French reinsurer SCOR Group launched the second installment of its innovative Atlas Re catastrophe bond, with technical analysis and parameters provided by Newark, Calif.-based Risk Management Solutions (RMS) and placement by Goldman Sachs. A portion of the …
“Bankruptcy” and “Chapter 11” are inadequate terms to describe the carnage left in the wake of Enron’s collapse, which affected the lives of thousands of people, numerous banks and dozens of insurance companies. The tremors reverberate from the U.S. through …
The market in weather derivatives has really developed over the last five years,” said Diego Wauters, executive director and global head of SG Insurance and Weather Derivatives, a specialized division of French Bank Société Générale in London. Wauters, who formerly …
Standard & Poor’s today affirmed its “AA” long-term counterparty credit and insurer financial strength ratings on the operating entities of Paris-based global insurance group AXA, as well as its “A+” long-term counterparty credit ratings on AXA and AXA Financial Inc., …
Standard & Poor’s has affirmed its double-‘A’ long-term counterparty credit and insurer financial strength ratings on the operating entities of Paris-based global insurance group AXA, as well as its single-‘A’-plus long-term counterparty credit ratings on AXA and AXA Financial Inc., …
A recent report in Lloyd’s List states that the number and severity of claims against directors and officers has been rising, and concludes that greater surveillance of corporate governance is leading to more legal actions, which has led to a …
The market in weather derivatives has really developed over the last five years,” said Diego Wauters, executive director and global head of SG Insurance and Weather Derivatives, a specialized division of French Bank Société Générale in London. Wauters, who formerly …
The crash on Nov. 12 of American Airlines (AA) Flight 587, an Airbus A-300-600, with the loss of all 260 people on board and 5 on the ground, shocked New Yorkers and the rest of the nation. Coming almost two …
The crash on Nov. 12 of American Airlines (AA) Flight 587, an Airbus A-300-600, with the loss of all 260 people on board and five on the ground shocked New Yorkers and the rest of the nation. Coming almost two …
