Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance...
earnings News
Dresdner Bank stayed in the red in the first quarter after writing down €845 million ($1.3 billion) on structured finance...
American International Group’s whopping $7.81 billion first quarter loss (See related article) brought an immediate reaction from Standard & Poor’s...
Bermuda-based CastlePoint Holdings, Ltd. reported net income of $9.565 million and basic and diluted earnings per share of $0.25 for...
The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, has sued the insurer, claiming...
The Munich Re Group recorded a profit of €785 million ($1.2 billion) for the first quarter of 2008, down 19...
Specialty insurer Kingsway Financial Services swung to a loss in the first quarter as it increased reserves at its Lincoln...
Bermuda’s Max Capital Group Ltd. increased its gross premiums written by over 30 percent from $213.6 million to $306.6 million...
In addition to its earnings announcement (see related article), Bermuda’s Max Capital Group Ltd. announced the election of James H....
Standard & Poor’s Ratings Services has said that its ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on Swiss...