P&C Companies News

S&P Affirms AXA Re ‘AA-” Ratings

Standard & Poor’s Ratings Services announced from its Paris Office that it has affirmed its “AA-” insurer financial strength ratings...

RLI Posts Solid Q3 Results

Specialty insurer RLI Corp. reported third quarter net earnings of $25.3 million ($0.96 per diluted share), compared to $8.3 million...

Stock Prices: Insurance brokers’ stocks surged in August and September despite large losses reported by many insurance companies in the...

Transatlantic Updates Q3 Losses

Transatlantic Holdings Inc. announced that its preliminary estimate of pre-tax cost, net of reinsurance, related to Hurricane Rita approximates $50...