A day after Muenchener Rueckversicherungs-Gesellschaft (Munich Re) reported good third quarter and nine-month earnings (See IJ Web site Nov. 9),...
earnings News
Vesta Insurance Group, Inc. (NYSE:VTA) announced it is delaying its earnings release and previously scheduled conference call until Nov. 16....
Bermuda’s XL Capital Ltd. announced plans to sell up to $300 million of senior notes due 2014 and up to...
Platinum Underwriters Holdings, Ltd. became another casualty of the Florida hurricanes. The Bermuda-based insurer posted a net loss for the...
Marsh & McLennan Companies Inc. (MMC) today revealed it would lay off about 3,000 employees to reduce annual expenses by...
New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial...
Standard & Poor’s Rating Services lowered its counterparty credit rating on Marsh & McLennan Cos. (MMC) to “BBB+/A-2” from “A+/A-1.”...
S&P placed its “BBB-” counterparty credit rating on Willis Group Holdings Inc. on credit watch with negative implications following recent...
S&P lowered its counterparty credit rating on Aon Corp. to “BBB+/A-2” from “A-/A-2.” S&P also lowered its preferred stock rating...
Berkshire Hathaway Inc., the giant investment group run by Warren Buffet, reported a significant decrease in third quarter net earnings,...