Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than-expected second-quarter results and announced the possible impact...
P&C Companies News
A.M. Best Co. has downgraded the financial strength rating to C++ (Marginal) from B (Fair) of the property/casualty subsidiaries of...
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...
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...
A.M. Best Co. has assigned an “a-” rating to Bermuda-based XL Capital Ltd.’s pending issue of 8,000,000 of 8.0 percent...
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...