A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of...
P&C Companies News
Insurance executives expect sub-prime and other credit issues to continue to have a significantly negative impact on the industry’s financial...
The National Association of Mutual Insurance Companies (NAMIC) named Sen. Susan M. Collins, R-Maine, as its Federal Legislator of the...
“Canada’s property/casualty insurance sector is stable, but strong capitalization and profitability provide the ingredients for continued softening in the market,”...
The final defendants to settle lawsuits over a 2003 nightclub fire that killed 100 people have agreed to pay survivors...
Shares of American International Group Inc., the world’s biggest insurer, fell sharply Tuesday as investors worried that the company’s large...
As Hurricane Ike takes aim at the Gulf of Mexico, triggering memories of 2005’s devastating storms, reinsurers see temporary underwriting...
Standard & Poor’s Ratings Services has concluded that “Europe’s insurers are allowing themselves to be caught up in the gloom...
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has approved an increase in the Company’s share repurchase authorization for...
Willis Re, the reinsurance arm of global broker Willis Group Holdings announced that Rowan Douglas, managing director of analytics for...