New York state will try to sell Midland Insurance, which is being liquidated with almost $1 billion of assets and...
P&C Companies News
The UK’s Prudential Plc and Canada’s Manulife Financial Corp made preliminary offers for American International Group Inc.’s Asian unit, but...
A.M. Best Co. said it is “maintaining a stable outlook in 2009 for the global reinsurance sector for the third...
The American Insurance Association (AIA), National Association of Mutual Insurance Companies (NAMIC) and Property Casualty Insurers Association of America (PCI)...
Munich Re has dropped its medium-term earnings per share goal and declined to give a profit forecast for 2009 amid...
Maurice “Hank” Greenberg’s legacy as the man who built AIG into the world’s largest insurer was tarnished by a 2005...
A.M. Best Co. and Standard & Poor’s Ratings Services have both issued statements in relation to American International Group’s announcement...
A.M. Best Co. has downgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and the issuer credit...
A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit...
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit ratings...