Standard & Poors has upgraded American International Group P&C business financial strength rating one notch to A-plus and affirmed the A-plus rating on the its life business citing the successful restructuring of the company over the past two years.
Hamilton, Bermuda-based insurer Arch Capital Group Ltd. says it will acquire Ariel Res Credit & Surety reinsurance operations based in Zurich, Switzerland.
Hamilton, Bermuda-based insurer Arch Capital Group Ltd. says it will acquire Ariel Res Credit & Surety reinsurance operations based in Zurich, Switzerland.
Verisk Analytics, a leading source of information about risk, has formed the Verisk Underwriting Solutions division in response to customers' desire for greater support of their underwriting processes and to develop an underwriting platform and solutions set.
Verisk Analytics, a leading source of information about risk, has formed the Verisk Underwriting Solutions division in response to customers' desire for greater support of their underwriting processes and to develop an underwriting platform and solutions set.
Insurance rating agency A.M. Best Co. says it has placed Firemans Fund Insurance Cos. under review with negative implications following the downgrade of the issuer credit ratings of parent company Allianz SE.
Allied World Assurance Company Holdings, AG and Transatlantic Holdings, Inc. announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.
Yesterday, Transatlantic Holdings, Inc. and Allied World Assurance Company Holdings, AG announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.