U.S. property/casualty insurers are expected to pay policyholders an estimated $4.9 billion for insured property-loss claims from four catastrophic events...
P&C Companies News
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Sompo Japan Insurance Inc., Japan. The outlook...
The Hartford Financial Services Group, Inc. reported net income per diluted share of $1.88 for the second quarter of 2003,...
PXRE Group Ltd. announced higher profits for the second quarter ended June 30, 2003. PXRE’s net income for the quarter...
San Antonio-based Argonaut Group Inc. announced financial results for the three- and six-month periods ended June 30, 2003, noting that...
CNA Financial Corporation reported net income for the second quarter of 2003 of $70 million, or $0.25 per share, as...
The National Association of Mutual Insurance Companies (NAMIC) has launched the property/casualty industry’s first online salary survey. Covering more than...
New Jersey-based Selective Insurance Group, Inc. reported a 140 percent increase in net income to $19.7 million, or $0.72 per...
Swiss Re and Mitsui Sumitomo Insurance Company have arranged a $100 million catastrophe risk swap. The catastrophe risk swap is...
Philadelphia-based PMA Capital announced net income of $12.2 million, or 39 cents per diluted share, for the second quarter of...