The nation’s property and casualty insurers reported a $5.5 billion profit for the first three months of 2002, representing a...
earnings News
France’s SCOR Group announced that it has broken off talks with Germany’s Gerling Group to acquire its life reinsurance operations,...
A.M. Best Co. announced that while it has affirmed the financial strength rating of A++ (Superior) of Allianz Ag and...
Bermuda’s ACE Limited announced today that an accumulation of losses resulting principally from the recent floods in Eastern Europe will...
AXA Has No Plans to Raise Additional Capital France’s Axa Group issued a statement that its financial structure was very...
Standard & Poor’s indicated that its ratings on Switzerland’s Zurich Financial Services (ZFS) will “remain on CreditWatch with negative implications,...
Rates in 2002 for reinsurance covering the property catastrophe risks of insurance companies increased in all regions for virtually all...
Growing losses and expenses from an increase in mold claims, weather-related losses, and a significant reduction in investment income have...
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Zenith National Insurance Group of Woodland Hills,...
S&P’s affirmed its “AAA”/”A-1+”counterparty credit, “A-1+” commercial paper, and “AAA” senior debt ratings on Berkshire Hathaway Inc. because of the...