American International Group confirmed analysts’ worst forecasts, as it posted a net loss for the second quarter of 2008 of...
earnings News
The global credit crisis tore a hole in the profits of some of Europe’s top insurers on Thursday, with AXA...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit rating (ICR) of...
A.M. Best Co. and Standard & Poor’s Ratings Services have both indicated that The Hanover Insurance Group’s agreement to purchase...
Fitch Ratings has affirmed XL Capital Ltd.’s ratings as well as those of its P/C (re)insurance subsidiaries, including the Issuer...
Swiss Re joined the ranks of European insurers and reinsurers, who have been impacted by the global financial crisis. The...
Marsh & McLennan Inc. posted a drop in second-quarter earnings on Wednesday, hurt by a $115 million write-down of goodwill...
Swiss Re has agreed to acquire Barclays Life Assurance Company Ltd. for £753 million ($1.472 billion). “The transaction will provide...
The first read on insurance companies’ second-quarter earnings shows they’re taking hits from the same kinds of mortgage-backed investments as...
In a twist to a scandal that has rocked the insurance industry in the past several years, a New York...