Asbestos exposure foreshadows a growing rift between insurers and the reinsurance companies that back them, according to a new report...
earnings News
France’s Scor Group, the world’s seventh largest reinsurer, registered a net loss of 455 million Euros ($496 million) for the...
Standard & Poor’s Ratings Services announced that it expects to raise the insurer financial strength and counterparty credit ratings on...
A.M. Best Co. has assigned an initial financial strength rating of “B” (Fair) to Merrillville, Ind.-based American Inter-Fidelity Exchange (AIFE)....
Standard & Poor’s Ratings Services announced that it has it lowered its long-term ratings, including its counterparty credit and insurer...
Bermuda’s XL Capital Ltd. announced that David P. Shea has taken up the post of Chief Financial & Administrative Officer...
Munich Re, the world’s biggest reinsurer, managed to avoid the falling equity values and rising reserve costs that bedeviled many...
A.M. Best Co. announced that it has affirmed the A+(Superior) financial strength rating of Italy’s Assicurazioni Generali S.p.A., and assigned...
Swiss Re, the world’s second largest reinsurer, didn’t manage to dodge the bullet as successfully as its German rival (see...
A.M. Best Co. announced that it has downgraded the financial strength ratings to B- (Fair) from B+ (Very Good) of...