Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to PARIS RE (France) and PARIS RE Switzerland Ltd. At the same time, S&P lowered to ‘A-‘ from ‘AA-‘ its long-term insurer financial …
Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies has published a report on the “Recent Legislative and Judicial Trends in Continental Europe Affecting the Casualty Insurance Industry.” The report was authored …
One of the added advantages of being a global company is the ability to market a global brand name. Last year the Zurich Financial Services Group launched a new a clever slogan – “Because Change Happenz.” Now the company is …
AXA’s CEO Henri de Castries announced that the Paris-based financial services and insurance Group’s revenues had “increased by 34 percent in the first quarter of the year.” AXA profited, not only from organic growth in its three main activities – …
Bermuda’s XL Capital Ltd. has posted its plans to hold its second “Global Day of Giving” on Thursday, May 10, 2007. XL sponsors the program in support of the communities in which its companies operate. Last year’s first Global Day …
Swiss Re held its 143rd Annual General Meeting at the Hallenstadion in Zurich today, April 20. A total of 1,144 shareholders attended the event, representing 43.49 percent of Swiss Re’s voting share capital. They accepted all of the motions brought …
Concurrent with the release of its final results for 2006, the Alea Group announced that it has “reached agreement on the terms of a recommended cash acquisition of Alea by FIN Acquisition, a company formed at the direction of Fortress …
Over the past several months, a group of legislators from the Rhode Island House of Representatives has been meeting in an effort to understand and respond to the recent drastic — and, in some instances, draconian — changes in homeowners …
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 …
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 …
