The St. Paul Companies announced plans to transfer its ongoing reinsurance operations to a newly-formed Bermuda-based reinsurer, Platinum Underwriters Holdings,...
P&C Companies News
W.R. Berkley will up its share in Lloyd’s insurer Kiln to 20 percent by acquiring 32.8 million newly offered shares...
Standard & Poor’s has affirmed its single-‘A’-minus long-term counterparty credit rating on St Paul Cos. Inc. following the company’s announcement...
Penn-America Group, Inc. reported operating income of $2 million or 25 cents per share (basic and diluted) for the first...
Bermuda- based IPC Holdings, Ltd. reported that its operating income, which excludes net realized gains and losses, rose to $44.3...
The South Dakota Division of Insurance issued a reminder to insurance companies that the effective date for changes to the...
Everest Re Group, Ltd. reported that its first quarter 2002 after-tax operating income, which excludes realized capital gains and losses,...
Nebraska legislators adjourned April 19 without enacting any bills that might have harmed insurers and their policyholders. Several bills were...
Insurers are expected to pay $580 million to homeowners and businesses for insured-property losses from three catastrophe events in the...
Marsh & McLennan Companies, Inc. (MMC) has reported financial results for the quarter ended March 31, 2002, with consolidated revenues...