A.M. Best Co. downgraded the financial strength rating of TIG Insurance Group, Irving, Texas, from “A-” (Excellent) to “B++” (Very...
earnings News
Bermuda’s XL Capital Ltd. announced that its estimated net aggregate insurance and reinsurance underwriting exposures in connection with the bankruptcy...
Standard & Poor’s announced that it had lowered its rating on Liberty Mutual Insurance Co. and most of its operating...
Greater Bay Bancorp, a $7.5 billion in assets financial services holding company, and ABD Insurance and Financial Services Inc., announced...
Standard & Poor’s lowered its senior debt and preferred stock ratings on Travelers Property Casualty Corp. to “A-” and “BBB”,...
Standard & Poor’s and A.M. Best have both given high ratings to new debt issues from Germany’s Allianz Group. S&P...
Negative trends in the U.S. Personal Lines Insurance Industry, such as the deterioration in earnings, capitalization, and pricing adequacy, could...
France’s AXA Group estimated that, after assessing the consequences of the WTC attacks, the impact of potential permanent impairments on...
The industry compiled a continuation of weak underwriting results in the third quarter of 2001, as catastrophic losses from the...
A.M. Best Co. downgraded the financial strength rating of TIG Insurance Group, Irving, Texas, from “A-” (Excellent) to “B++” (Very...