A.M. Best Co. has downgraded the financial strength rating to C++ (Marginal) from B (Fair) of the property/casualty subsidiaries of...
P&C Companies News
General Re-New England Asset Management Inc. (GR-NEAM), the Farmington, Conn.-based insurance investment and capital management firm, has hired Barton Holl,...
Seattle-based SAFECO has reported second-quarter income before charges and gains of $46.8 million, or $0.37 per diluted share. This compares...
Bermuda-based PartnerRe Ltd. reports that claims from its exposures to flooding currently impacting Europe are expected to approximate $100 million....
Standard & Poor’s has assigned its triple-‘B’-minus counterparty credit rating to Canadian-based Odyssey Re Holdings Corp. The outlook is stable....
Many European insurers expect claims totaling millions of euros as flooding that has heavily damaged areas of the Czech Republic...
Standard & Poor’s said that although the European reinsurance market is expected to remain hard beyond 2003, it maintains its...
Swiss Re has established a U.S. Advisory Board to provide advisory and consultative services to Swiss Re America Holding Corporation...
In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home...
Mitigation efforts to reduce property damage, death, injuries and economic loss from the next Hurricane Andrew have been effective where...