France’s SCOR Group, the world’s 8th largest reinsurer, issued a profit warning today, stating that: “a net loss estimated at...
earnings News
SAFECO reported continued earnings growth as third-quarter net income increased to $75.2 million, or $0.59 per diluted share. Income before...
One of Bermuda’s newest insurers, Platinum Underwriters Holdings Ltd., finally succeeded in bringing its long delayed initial public share offering...
Indianapolis-based specialty insurer Baldwin & Lyons (B&C) announced that third quarter operating income, which excludes capital gains/losses, were $6.1 million,...
Fitch Ratings has lowered its long-term and senior debt ratings on The St. Paul Companies, Inc. (SPC) to ‘BBB+’ from...
Lincoln National Corporation of Philadelphia, parent company of the Lincoln Financial Group, announced plans to increase reserves related to reinsurance...
A.M. Best Co. has affirmed the financial strength ratings of A+ (Superior) for the Mercury Casualty Group (Los Angeles). Also,...
Fitch Ratings has placed all ratings of The Chubb Corporation (Chubb) on Rating Watch-Negative. The ratings include the ‘AA+’ insurer...
A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC...
At a recent seminar on the use of alternative risk transfers (ART) in hard markets, “ART Solutions in a Time...