U.S. life insurers Lincoln National Corp. and ACE Ltd reassured investors that they have enough capital, but credit rating agency...
earnings News
Standard and Poor’s (S&P) Ratings Services raised its rating for Fireman’s Fund Insurance Co. from “A+” to “AA-.” S&P noted...
The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller...
American International Group’s (AIG) exposure to the subprime mortgage market that precipitated the government’s $85 billion bailout came as a...
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating...
Boston-based Liberty Mutual Group is not pleased with Standard & Poor’s announcement that it is lowering the company’s financial strength...
Liberty Mutual Group is protesting Standard & Poor’s lowering of the company’s financial strength rating from “A”to “A-” with a...
PricewaterhouseCoopers, the independent auditor for American International Group, will pay $97.5 million to settle a class-action securities fraud lawsuit against...
French bank BNP Paribas agreed to scoop up assets in Belgium and Luxembourg of banking and insurance group Fortis for...
A number of Bermuda-based insurers and reinsurers are due to start publishing their third quarter results at the end of...