American International Group’s reported fourth quarter earnings exceeded Wall Street expectations and its 2004 profits set a record for the...
P&C Companies News
U.S. property/casualty insurers paid a record $27.3 billion for insured property losses to homeowners and businesses from 22 catastrophic events...
A spokesman for the Property Casualty Insurers Association of America told a National Association of Insurance Commissioners panel today in...
A.M. Best Co. has affirmed the financial strength ratings of A+ (Superior) of Los Angeles-based Mercury Casualty Group (Mercury) and...
Bermuda-based XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended Dec. 31, 2004 of $288.0...
Bermuda-based AXIS Capital Holdings Ltd. has reported net income for the year ended Dec. 31, 2004 of $495.0 million, or...
The fund that pays New York injured workers whose workers’ compensation carriers have gone belly up is itself nearly bankrupt,...
Insurers around the globe are making progress – quickly in some areas – with using an integrated risk and capital...
A National Association of Insurance Commissioners panel this week will begin to discuss whether costly new audit measures based on...
For U.S. property/casualty insurers, periodic glimpses of rising profitability have been overshadowed by relentless price-cutting, natural and man-made catastrophes, and...