Many analysts expect that the floods in Eastern Europe could end up costing the continent’s insurers as much as $3...
earnings News
The New York law firm of Wechsler Harwood Halebian & Feffer announced that it has filed a class action lawsuit...
Despite both good and bad news, France’s AXA Group released preliminary estimates showing an operating profit of €1.02 Billion ($1...
Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on...
A.M. Best announced that it has affirmed its A+ (Superior) financial strength ratings for Hannover Ruckversicherungs AG and other entities...
A.M. Best Co. has affirmed the group financial strength rating of A++ (Superior) of National Indemnity Group (NIG). The rating...
Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than-expected second-quarter results and announced the possible impact...
Aon’s recent revelations of “financial irregularities,” while not in a class with Enron or WorldCom, have drawn the inevitable wolf...
Standard & Poor’s said the outlook for Hartford Fire Insurance Co. and related property/casualty entities remains negative despite the trend...
S&P assigned its preliminary “BBB+” senior debt, “BBB” subordinated debt, and “BBB-” preferred stock ratings to Seattle-based SAFECO Corp.’s $900...