Fitch Ratings announced publication of a special report titled: “Reinsurance Credit Trends: An Update,” that examines industry-wide reinsurance-related data of...
P&C Companies News
Toronto-based Fairfax Financial Holdings Limited announced that its initial estimate of aggregate potential net losses relating to Hurricanes Frances, Ivan...
While the North American subsidiaries of the troubled Swiss reinsurer Converium AG were being downgraded (see related article in “National”),...
Bermuda-based RenaissanceRe Holdings Ltd. estimates that Hurricanes Charley, Frances, Ivan and Jeanne will have a combined negative impact on the...
France’s SCOR Group estimates that the total gross cost of the cost of the hurricanes in the United States and...
A.M. Best Co. announced that it has assigned a financial strength rating of “B+” (Very Good) and an issuer credit...
Insurance companies being sued by the Altoona-Johnstown Catholic Diocese are seeking a delay in the trial until the state Supreme...
Many insurance companies are waiving additional deductibles for people who’ve suffered losses from more than one hurricane. Hurricane Jeanne’s path...
A.M. Best Co. has downgraded the financial strength rating to “B” (Fair) from “B++” (Very Good) of Converium Insurance (North...
Standard & Poor’s Ratings Services announced that it has affirmed its “A-” counterparty credit and financial strength ratings on Odyssey...