Fitch Ratings has issued a bulletin from its Hong Kong/Singapore offices indicating that “based on preliminary estimates, the earthquake in...
earnings News
Cayman Islands-based Greenlight Capital Re, Ltd. has reported a net loss of $4.8 million for the first quarter of 2008...
A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Jordan’s...
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance...
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...