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(Updates headline) A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Omega Spe
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The U.K.-based subsidiary of Aegis (Associated Electric & Gas Insurance Services Ltd.) said it is moving into the reinsurance treaty business with th
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The Insurance Council of Australia has appointed Robert Whelan as its new chief executive officer effective March 22, 2010.
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Torus Insurance said it received an equity investment of $185 million (136 million euros) to support the expansion of its specialty insurance and rei
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Operating results for the U.S. property/casualty industry recovered in 2009, with fewer catastrophe losses, improved underwriting results and a rebou
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A.M. Best Co. has released 2009 insurance company data to subscribers of its Best’s Statement File – US – Property/Casualty, Best’s Statement File –U
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In what it described as the "largest ever longevity insurance transaction," Deutsche Bank has taken on almost 3 billion pounds (3.4 billion euros) in
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PURE Risk Management LLC is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer property/cas
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