earnings News

S&P’s Cuts Liberty Mutual

Standard & Poor’s lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. and related entities...

Ace Affirmed, Outlook Neg.

S&P’s assigned its “BBB-” preferred stock rating to Ace Ltd.’s $500 million, 7.80 percent cumulative redeemable preferred shares, Series C...

Hannover Re Q1 Net Hit by Writedowns

Germany’s Hannover Re, the world’s fifth largest reinsurer, reported an operating profit of 109 million euros ($129 million) in the...