The “A++” FSR of Munich Reinsurance Co. was affirmed by A.M. Best. The rating action also applies to the company’s...
P&C Companies News
The U.K. ‘s Chester Street Insurance, formerly known as Iron Trades Holdings, has been forced to seek bankruptcy protection following...
Safeco Corp. expects to report an operating loss of 5 cents to 10 cents per share for the fourth quarter,...
Standard & Poor’s lowered Winterthur International Reinsurance Co. Ltd.’s counterparty credit and insurer financial strength ratings from double ‘A’ to...
RLI Corp. reported fourth quarter net operating earnings of $6.3 million ($.63 per diluted share), a 15 percent per-share decline...
Swiss Re published the following preliminary estimates of the losses caused by natural and man-made catastrophes in the year 2000:...
Sacramento, Calif.-based InsWeb announced that it plans to report financial results for its fourth quarter and fiscal 2000 on Thurs.,...
Transatlantic Reinsurance Co., a wholly owned subsidiary of Transatlantic Holdings, Inc., announced that it has invested $30 million in Kuwait...
Mary R. Hennessy, CEO of Bermuda based Overseas Partners Ltd. announced that Michael J. Cascio, currently OPL’s Chief Underwriting Officer,...
The Franklin County Court of Common Pleas in Ohio has granted an order placing property casualty insurer Credit General Insurance...