A proxy statement issued by Allstate Corp. has shown that Chief Executive Edward Liddy’s compensation was cut by 10 percent...
earnings News
Germany’s Hannover Re managed to eke out a small profit in 2005, despite over a billion dollars in hurricane losses,...
Italy’s Generali Group posted strong 2005 results with consolidated profits rising to €1.9186 billion ($2.3096 billion) up 15.2 percent from...
Bermuda-based Max Re Capital Ltd. announced that the “Audit and Risk Management Committee of its Board of Directors has initiated,...
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit...
Texas home insurers turned substantial profits last year despite Hurricane Rita’s destruction, prompting state regulators to question whether some companies’...
Indianapolic-based WellPoint, Inc. has been named to the BusinessWeek 50, the magazine’s annual list of the 50 top-performing companies in...
France’s SCOR Group announced positive results for 2005 with net income after tax increasing by 75 percent to €131 million...
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on American Steamship...
Allianz Sachgruppe Deutschland, which incorporates all of the global insurer’s German P/C business, announced that total earnings after tax for...