Zurich Financial Services Group

Bermuda insurer among defendants being sued for $1.1 m

September 7, 2006

A Bermuda mutual insurer is among defendants who are being sued for $1.16 million regarding insurance coverage for a shipping incident in Puerto Rico involving a vessel chartered by another Bermuda entity.Through Transport Mutual Insurance Association Limited, which is managed

Standard & Poor’s downgrades Centre Solutions Group

February 29, 2004

The shareholders' equity of Centre Solutions (Bermuda) Ltd. fell by 32 per cent in the first nine months of 2003, according to figures released by ratings agency Standard & Poor's. The decline from $914.9 million on December 31, 2002 to $620 million on September 30, 2003 came despite $225 million in capital contributions from its parent, Zurich Financial Services Group, stated S&P.

MJ Select Fund liquidator accused of not pursuing insiders

November 30, 2003

The Zurich Financial Services Group has accused PricewaterhouseCoopers (Bahamas) of failing to pursue claims against several parties who were involved in a failed offshore investment fund.It claims PwC has taken no legal action against the administrator or directors of the

Endurance Specialty announces $200 million IPO

December 31, 2002

Almost 12 months to the day after it began operations, Bermuda-based Endurance Specialty Holdings Ltd. filed a registration statement with the SEC to raise up to $200 million in an initial public offering.Endurance Specialty, which provides property and casualty insurance and reinsurance, intends to list on the New York Stock Exchange under the ticker 'ENH'.