France’s AXA Group released earnings results showing that its total gross revenues in 2002 reached 74.728 billion Euros ($80.7 billion),...
International & Reinsurance News
Bermuda’s XL Capital Ltd. announced that it is changing the brand name used by its worldwide P/C large commercial account...
Bermuda’s ACE Limited reported net income, including realized losses, for 2002 of $77 million, compared with a net loss of...
Insurance companies aren’t the only ones who made money last year. Brokers seem to be doing pretty good too, as...
Bermuda’s RenaissanceRe Holdings Ltd. posted $105 million in fourth quarter net operating income available to common shareholders (excluding realized investment...
Florida-based Genesis Technology Group, Inc. (GETC) has announced the signing of an agreement with Shanghai Dongda Insurance Brokers Company, Limited...
Fitch Ratings announced that it has downgraded its long-term credit rating of ING Verzekeringen N.V.(INGV) to ‘A+’ from ‘AA-‘ and...
The Italian investment bank Mediobanca has agreed to part with around 11.5 million shares in the recently merged insurance group...
A.M. Best Co. announced that it has affirmed the financial strength ratings of A+ (Superior) on Bermuda’s RenaissanceRe Holdings Ltd.’s...
Bermuda-based Max Re Capital Ltd. reported net income for the three months ended December 31, 2002 of $11.0 million, or...