While the National Association of Insurance Commissioners is considering changing the accounting rules for finite reinsurance transactions, Massachusetts is proceeding...
P&C Companies News
Michigan-based Meadowbrook Insurance Group has reported net operating income for the quarter ended March 31, 2005 of $3.8 million, or...
The Australian Prudential Regulation Authority (APRA), which regulates the country’s insurance industry, is proposing tighter reporting requirements in order to...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit ratings...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Renaissance Reinsurance Ltd. (RenRe...
The Association of British Insurers (ABI) has urged the U.K.’s largest trade union, the Trades Union Council or TUC, to...
Property/casualty insurer Ohio Casualty Corp. reported first-quarter net income of $37.7 million, or 55 cents per diluted share, versus $19.2...
Munich Re, the world’s largest reinsurer, and Swiss reinsurer Converium have received subpoenas from the Securities Exchange Commission and New...
Bermuda-based Max Re Capital Ltd. reported net income for the three months ended March 31, 2005 of $36.8 million, or...
American International Group Inc. said that it has decided to restate financials from several previous years and that preliminary results...