A $308 million after-tax charge taken by Chicago-based carrier CNA Financial Corp.’s primary insurance subsidiaries have led to a downgrade...
earnings News
Standard & Poor’s Ratings Services removed from CreditWatch and affirmed its “BB+” counterparty credit rating on Argonaut Group Inc. and...
Fitch Ratings affirmed the “AAA” insurer financial strength ratings of the National Indemnity Co. and the six associated members of...
Travelers Property Casualty Corp. announced that it has purchased the renewal rights to Royal & SunAlliance USA’s commercial lines national...
Due to the significant number of ratings announcements released recently, the IJ offers the following summary of actions taken by...
The U.K.’s Royal & Sun Alliance confirmed a 14.25 percent increase in net group profits for the first half of...
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A-‘ counterparty credit and preliminary senior debt, ‘BBB+’ subordinated...
Unlike its German rival (see following story) Swiss Re posted a significant first half-earnings increase to CHF 691 million ($490...
Two days after Standard & Poor’s lowered its ratings on Munich Re (See IJ Website August 28), and previous article),...
A.M. Best Co. issued a bulletin stating that “the financial strength ratings of A+ (Superior) of American Re-Insurance Company (American...