Enstar Deal Prompts A.M. Best Review Of Torus

A.M. Best Co. put the A-minus (excellent) financial strength ratings of Torus Specialty Insurance Company and Torus National Insurance Company under review with negative implications yesterday. The ...

Swiss Re In Talks On Merging Admin Re With Phoenix

Swiss Re Ltd., the world's second- biggest reinsurer, said it's in preliminary talks about combining its Admin Re business with Phoenix Group Holdings. "There is no certainty that these discussions ...

Ex-AIG CEO Sullivan Joins Antares

London-based Antares Managing Agency Limited reported that Martin Sullivan has been appointed as non-executive chairman. Sullivan began his insurance career in 1971 with American International Group ...

Top 10 U.S. Aircraft Insurers: SNL

American International Group Inc. (AIG) has been reported to be the lead insurer for the recent Asiana Flight 214 tragedy in San Francisco. AIG's role is not surprising, given its presence in Asia ...

Lloyd’s Insurer Advent Names Fitzgerald CEO

Lloyd's insurer Advent has named Nigel Fitzgerald as chief executive officer. The company said the appointment completes his planned transition to the CEO role since Fitzgerald's arrival at Advent in ...