Mediobanca SpA, the influential Italian investment bank confirmed that it has sold 11.5 million shares, or 6.7%, of the recently...
International & Reinsurance News
Lloyd’s announced that John Coldman and Bronek Masojada have been re-elected as deputy chairmen for a further year at a...
Standard & Poor’s Ratings Services announced that it has removed from CreditWatch and affirmed its ‘A+’ long-term counterparty credit and...
A. Bilbrough & Co., the managing agents of the London Protection and Indemnity Club, the marine insurers that issued coverage...
Standard & Poor’s Ratings Services restated its position that its ‘BBB’ long-term counterparty credit and insurer financial strength ratings on...
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...