S&P raised its counterparty credit rating and FSR on Beverly, Mass.-based Electric Insurance Co. (EIC) to “A” from “A-.” The...
earnings News
California-based 21st Century Insurance Group reported a net loss for the year ended Dec. 31, 2001, of $27.6 million, or...
German insurance giant Allianz AG confirmed the adverse affects of last September’s attacks on the World Trade Center with the...
Standard & Poor’s announced that it has affirmed its single-‘A’-minus counterparty credit and insurer financial strength ratings on U.K.-based BRIT...
The U.K.’s Royal & Sun Alliance announced increases in its loss reserves totaling £401 million ($571 million), principally from rising...
Judging from a report by Xinhua, the official Chinese news agency, the insurance market in the People’s Republic is thriving...
The Hartford Financial Services Group reported fourth quarter operating earnings of $1.06 per share versus $1.09 per share in the...
Pennsylvania-based Harleysville Group Inc. announced that, despite a charge of approximately 6 cents per share primarily related to a guaranty...
Standard & Poor’s announced that it has revised the outlook on its single-‘A’ long-term local currency credit rating on South...
Marsh & McLennan Cos. Inc. announced its fourth-quarter 2001 profit fell nearly 50 percent, impacted by several one-time items. Reuters...