Premiums earned by the nation’s property and casualty insurers surged $27.8 billion, or 12 percent, during the first three quarters...
P&C Companies News
Florida’s Brown & Brown Inc. announced its acquisition of Acumen Re Management Corporation, of Mount Laurel, N.J., in a transaction...
A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) of Egyptian Reinsurance Company (Egypt Re). The...
Toronto-based Co-operators General Insurance Company announced its financial results for the quarter ended Dec. 31, 2002. For the fourth quarter,...
State Auto Financial Corp. reported fourth-quarter net earnings of $19.3 million, or 49 cents per share, compared to 27 cents...
The European Commission, the European Union’s regulatory authority, has approved the sale of a number of stakes in Global Aerospace...
Standard & Poor’s has published a report that examines multiline insurers’ willingness to pay financial guaranty claims in a timely...
Calif. Insurance Commissioner John Garamendi has correctly identified many of the serious problems plaguing the state’s workers’ compensation system and...
France’s AXA Group posted a 10 percent increase in “underlying earnings” for the year 2002, helped by significant increases in...
Montpelier Re Holdings Ltd., the Bermuda-based reinsurer formed by the White Mountains insurance group, reported net income of $73.7 million,...