Warren, N.J.-based Chubb announced yesterday that it entered into a strategic agreement with a private equity firm to launch a Bermuda-based reinsurer with $1.5 ...
A.M. Best Co. announced today that it has downgraded the financial strength rating for property reinsurer Montpelier Reinsurance Ltd. in Bermuda to "A-minus" from ...
Over $700 million worth of hurricane losses put red ink on ACE Limited's bottom line for the third quarter.The Bermuda-based company reported a third-quarter ...
Assessing the fallout from a crackdown by authorities on broker dealings, a regulator said she saw a stop in "notorious" laxness, while an underwriter ...
Competing federal and state investigators are rushing to disclose information to the news media about their investigations of the insurance industry, a regulator told ...
AWAC Posts Record EarningsAlthough Allied World Assurance Companys corporate parent reported record fourth-quarter income of $103 million last week, the lingering impact of more than ...
San Francisco--Surplus lines insurers could see one of their key market advantages undermined if federal lawmakers decide to authorize an optional federal charter rather ...
New Bermudians Still Strong After First TestTo Montpelier Re CEO Anthony Taylor, it was "no mean feat" that his company achieved an underwriting profit in ...