Merging, acquiring or clustering requires patience and due diligence. Independent agents braved bitterly cold weather and a standing room only...
earnings News
For U.S. property/casualty insurers, periodic glimpses of rising profitability have been overshadowed by relentless price-cutting, natural and man-made catastrophes, and...
European January reinsurance renewals confirm A.M. Best Co.’s expectations that underwriting discipline is being maintained, despite wide capacity availability. The...
Swiss-based Zurich Financial Services (ZFS) reported strong financial results for 2004, tempered by increased loss reserves in the U.S. A.M....
A.M. Best Co. announced that it has downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of American...
In a separate bulletin Standard & Poor’s Ratings Services announced that it has placed its ‘A’ counterparty credit and insurer...
Standard & Poor’s Ratings Services announced that it has removed from CreditWatch and affirmed its “A+” counterparty credit and financial...
Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $113.1 million or $1.71 per diluted share for the fourth quarter...
Bermuda-based Montpelier Re Holdings Ltd. reported net income of $102.4 million, or $1.53 diluted earnings per share, for the three...
Standard & Poor’s Ratings Services announced that it is taking no action on its ratings on American International Group Inc....