The global credit crisis tore a hole in the profits of some of Europe’s top insurers on Thursday, with AXA...
earnings News
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...
Marsh & McLennan Inc. posted a drop in second-quarter earnings on Wednesday, hurt by a $115 million write-down of goodwill...
Swiss Re joined the ranks of European insurers and reinsurers, who have been impacted by the global financial crisis. The...
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...
A Jackson County, Mo., judge agreed on July 23, 2008, to throw out a contempt order against Allstate Insurance after...