Bermuda’s ACE Limited reported net income, including realized losses, for 2002 of $77 million, compared with a net loss of...
International & Reinsurance News
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...
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...
Transatlantic Holdings, Inc. announced that it will add $100 million to net loss reserves in the fourth quarter of 2002,...
Arch Insurance (Bermuda), a division of Arch Reinsurance Ltd., announced the expansion of their excess liability capacity from $25 million...
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A’ counterparty credit and financial strength ratings of Bermuda-based...