ACE Limited announced that it will incur a net after-tax charge to earnings of $354 million ($1.32 per share) in...
earnings News
Property and casualty insurers suffered a staggering $6.6 billion decline in investment gains during the first six months of 2002,...
On Dec. 31, 2001, the weighted average combined ratio of the 21 surplus lines insurance companies identified in the graphic...
Standard & Poor’s Rating Service affirmed its “A+” counterparty credit and financial strength ratings on W.R. Berkley Corp.’s operating companies....
Travelers Property Casualty Corp. reported a net loss for the fourth quarter of $793.4 million or $0.79 per share, basic...
Standard & Poor’s may not envision any downgrades for Australian P/C insurers hit by bushfire losses (See previous article), but...
Florida-based DriverShield Corp. reported that it has signed a non-binding Memorandum of Understanding to acquire Presidion Solutions Inc., a Professional...
A.M. Best Co. has upgraded the financial strength ratings of Bituminous Insurance Companies to A+ (Superior) from A (Excellent), Old...
A.M. Best Co. has affirmed the group financial strength rating of A+ (Superior) of Bermuda-based PartnerRe Group and its core...
Standard & Poor’s announced that it has revised its outlook for rated Austrian insurers to stable from negative, indicating that...