Standard & Poor’s Ratings Services restated its position that its ‘BBB’ long-term counterparty credit and insurer financial strength ratings on...
International & Reinsurance News
Bermuda-based Montpelier Re Holdings Ltd., a subsidiary of the White Mountains Insurance Group, announced that it’s raising its fourth quarter...
France’s AXA Group released earnings results showing that its total gross revenues in 2002 reached 74.728 billion Euros ($80.7 billion),...
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...
Transatlantic Holdings, Inc. announced that it will add $100 million to net loss reserves in the fourth quarter of 2002,...