Insurers defend recent years’ profits, deny allegations and call national consumer group’s report ‘fatally flawed’ A national consumer organization has...
earnings News
In a preliminary earnings announcement Germany’s Allianz SE said it expects net income for 2007 to be around €8 billion...
Shares of bond insurers rose sharply Thursday on hopes the sector could receive support from a possible bailout orchestrated by...
Medical device maker Stryker Corp. announced earlier this week that it will voluntarily recall certain hip surgery products, a week...
Swiss Re announced today that Berkshire Hathaway has acquired a three percent stake in the company. Swiss Re has also...
A major Chinese insurer has announced plans to raise up to $22 billion (euro15.0 billion) for acquisitions at a time...
Margin compression and continued pricing erosion will put increasing pressure on the insurance industry to achieve top line objectives in...
The Bermuda-based Everest Re Group announced that it has completed the previously announced detailed study of its potential asbestos exposures,...
A.M. Best Co. has assigned an issuer credit rating (ICR) of “bbb” and affirmed the financial strength rating (FSR) of...
Standard & Poor’s Ratings Services indicated that its ratings on PartnerRe Ltd., currently ‘A’ with a stable outlook, and related...