The Bermuda-based Alea Group Holdings announced preliminary results for 2004 showing a pretax profit of $10.9 million, compared to $54.5...
International & Reinsurance News
Swiss Re joined Munich Re in reporting strong 2004 results. The group reported net profits of CHF 2.5 billion ($2.167...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating...
Germany’s Munich Re Group celebrated its 125th anniversary year in style, recovering from a 434 million euro ($578 million) loss...
Following the publication of Munich Re’s 2004 results (see previous article), A.M. Best Co. issued a comment that its ratings...
Standard & Poor’s Ratings Services announced that it has assigned its “AA-” financial strength rating to Partner Re Ireland Insurance...
Lloyd’s announced that it has reached a settlement agreement with the insurers involved in the arbitration proceedings relating to an...
Bermuda-based AXIS Capital Holdings Limited announced that its Board of Directors has authorized the Company to engage in two capital...
Bermuda’s Aspen Insurance Holdings Limited announced the commencement of an offering of its ordinary shares by certain of its founding...
Bermuda’s Quanta Capital Holdings Ltd. reported that its net loss for the fourth quarter of 2004 was $14.4 million, or...