The string of catastrophes in 1999—the worst year on record for the frequency of natural disasters—has hit the reinsurance industry...
P&C Companies News
Confirming the plans revealed last month, Bermuda’s PartnerRe said that it had reached agreement on the terms for the acquisition...
Bermuda based insurance broker and program manager Stirling Cooke Brown Holdings Ltd., posted a $1 million net loss for the...
Moody’s Investors Service raised the following RenaissanceRe Holdings Ltd. ratings: Renaissance Re Capital Trust capital securities to “baa2” from “baa3”;...
S&P affirmed the “BBpi” financial strength ratings on several stock companies, all members of the ULLICO Group (a mid-sized insurance...
A.M. Best assigned a group financial strength rating of “A++” to Stamford, Connecticut-based General Reinsurance Corp., and its core affiliated...
Conseco has signed a commitment letter to sell some of its assets to Lehman Brothers Bank and affiliates. Pursuant to...
An Oregon House Interim Committee heard testimony on April 27 with respect to what is perceived by a number of...
Standard & Poor’s CreditWatch announced that it had placed the counterparty credit and insurer financial strength ratings of European Specialty...