Fitch Ratings announced that it has downgraded the long-term rating of the Bermuda-based PXRE Group Ltd. to “BB+” from “BBB-.”...
earnings News
The fallout from Converium’s announcement that it would restate earnings and delay publication of its third quarter results (See IJ...
A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-“of...
The chief executive of Aon Corp., the world’s second-largest insurance brokerage, said Friday it’s still too early to predict how...
Overall, Latin American insurance companies are working to improve underwriting results and improve performance, says a report released by Standard...
Swiss Re announced that based on current estimates, it expects its aggregate claims for hurricanes Rita and Wilma to be...
A.M. Best Co. announced rating actions on Germany’s Muenchener Rueckversicherungs (Munich Re) and its U.S. subsidiary American Re Corporation Group....
Standard & Poor’s Ratings Services announced that it has assigned its “A-” counterparty credit and financial strength ratings to Purto...
Once a company gets into trouble, the troubles seem to pile up. So it comes as no surprise that both...
Marsh & McLennan Companies, Inc. today reported that net income for the third quarter was $65 million, or $.12 per...