When Zurich Financial Services (ZFS) spun off its reinsurance operations into Converium in September 2001, the new company had a...
earnings News
Sustaining Progress in a Changing Rate Environment The wind has been at the back of insurance agents and brokers for...
Standard & Poor’s Ratings Services revised its outlook on Clarendon National Insurance Co. and two of its subsidiaries—Clarendon America Insurance...
A.M. Best Co. announced it downgraded the financial strength rating to “B++” (very good) from “A-” (excellent) of Swedish-based Erika...
Dramatic improvements in underwriting performance by the nation’s property/casualty insurers led to the first underwriting gain in nearly seven years,...
Cincinnati-based American Financial Group Inc. said it estimates that its after-tax losses related to Hurricane Frances, net of reinsurance, will...
A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of Swiss-based Zurich Financial Services...
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Germany’s Allianz AG and...
Standard & Poor’s Ratings Services announced that it has revised to stable from negative its outlook on Assicurazioni Generali SpA,...
A.M. Best Co. has issued a report on Bermuda’s insurance and reinsurance industry, timed to coincide with the Reinsurance Rendezvous,...