The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial...
earnings News
Cincinnati Financial Corporation today announced an estimate of $3 million for pretax catastrophe losses resulting from Hurricane Rita and updated...
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of AMI Insurance Limited (AMI) (Christchurch, New Zealand)....
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on...
Standard & Poor’s Rating Services announced that it has assigned its “BBB+” counterparty credit rating to IPC Holdings Ltd. and...
CNA Financial Corporation announced that its preliminary estimate of losses relating to Hurricane Katrina is approximately $280 million, after-tax. This...
HCC Insurance Holdings Inc. announced that the Houston-based property/casualty insurer estimates a gross loss of $70 million from Hurricane Rita...
Consumer Advocate Criticizes NCCI Recommendation; Suggests 22 Percent Workers’ Compensation Decrease
Even though the National Council on Compensation Insurance has doubled to 7.2 percent its suggested rate reduction in Florida, Allan...
A.M. Best Co. has issued a comment indicating that the ratings of Germany’s Muenchener Rueckversicherungs-Gesellschaft (Munich Re) remain unchanged following...
Despite the fact that the Austrian insurance industry came off “relatively lightly from the recent summer floods,” Standard & Poor’s...