The Louisiana legislature has passed a bill to enhance transparency around third-party litigation financing by making these agreements discoverable during trial, while litigation financing by a ...

Zurich Insurance Co. Ltd. completed its acquisition of a 70% stake in Kotak Mahindra General Insurance Ltd. from Kotak Mahindra Bank Ltd. for $670 million following receipt of all necessary ...

R&Q Insurance Holdings Ltd. will file for provisional liquidation in Bermuda as part of an "alternative proposal" to sell its program business to institutional investor Onex Corp. Following an ...

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National Guaranty ...

Allianz SE may have incurred €400 million ($428.6 million) in losses in the second quarter from severe flooding in Germany this year, according to an equity analyst. That accounts for the ...

AM Best has upgraded the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating of B (Fair) of ONIX Asigurari S.A. (ONIX) (Romania). The outlook of ...