Another group of Midwest-based insurers have issued loss estimates totaling $90 million related to the recent hurricane season. St. Paul...
P&C Companies News
Thanks to Charley, Frances, Ivan, and Jeanne, insurance claim payments are expected to exceed $22 billion, far surpassing the claims...
Bermuda-based Montpelier Re Holdings Ltd. announced that on the basis of currently available information the estimated combined net negative impact...
Bermuda-based Endurance Specialty Holdings Ltd. and XL Reinsurance America Inc. jointly announced that Endurance’s U.S. subsidiary, Endurance Reinsurance Corporation of...
Standard & Poor’s Ratings Services announced that it has assigned its ‘AA-‘ financial strength and long-term counterparty ratings to Tokio...
Munich Re, the world’s largest reinsurer, issued a statement estimating that its losses from “an unusually close succession of windstorms...
New Jersey Banking and Insurance Commissioner Holly C. Bakke wasted little time in putting the latest numbers showing the state...
Both the Property Casualty Insurers Association of America (PCI) and the National Association of Mutual Insurance Companies (NAMIC) praised the...
Fitch Ratings announced publication of a special report titled: “Reinsurance Credit Trends: An Update,” that examines industry-wide reinsurance-related data of...
Toronto-based Fairfax Financial Holdings Limited announced that its initial estimate of aggregate potential net losses relating to Hurricanes Frances, Ivan...