Insurance brokerage Aon Corp., faced by fierce competition and falling rates, said Wednesday it will cut 2,700 jobs as part...
earnings News
Standard & Poor’s Ratings Services has published “Cycle Downturn Doesn’t Have To Mean Plummeting Profits For Savvy Reinsurers.” The study...
Bermuda’s RenaissanceRe Holdings Ltd. reported $167.8 million in third quarter operating income, which excludes capital gains/losses, available to common shareholders...
According to a new study to be issued by ABSG Consulting Inc. and its subsidiary, EQECAT, Inc., “Japan’s chemical industry...
Goldman Sachs announced it is lowering its 2007 earnings per share estimate for Safeco by $0.55 to $6.20, primarily to...
Standard & Poor’s Ratings Services said today that it affirmed its ‘BBB’ counterparty credit rating on Commerce Group Inc. and...
With fewer catastrophe claims to pay, Hanover Insurance Group Inc.’s profit jumped 61 percent in the third quarter, the company...
Spain’s largest insurer, Mapfre S.A., has agreed to buy the Massachusetts-based personal lines insurer The Commerce Group, Inc. for $2.21...
Standard & Poor’s Ratings Services commented on an announcement by the Bermuda-based Everest Re Group Ltd. (A-/Negative/–) and related subsidiaries...
USI, Armitage USI Holdings Corp. has completed the acquisition of Jericho, N.Y.-based Armitage & Co., which sells property/casualty and surety...