AIG, the world’s largest insurer by market value, is now expecting $800 million in claims from the World Trade Center...
earnings News
Illinois-based Insurance Auto Auctions Inc., a provider of insurance claims processing services and automotive salvage, announced it has accelerated its...
Zurich Financial Services became the latest insurer to double its preliminary loss estimates from the September 11 attacks when it...
Based on preliminary results of its survey of insurance and reinsurance company’s gross and net loss exposures from the events...
Houston-based HCC Insurance Holdings Inc. pledged a $100,000 contribution to the families of policemen and firefighters killed in the line...
Hartford to Raise Equity Towards Sept. 11 Losses; S&P Removes from Watch, Affirms Hartford Financial
The Hartford Financial Services Group Inc. plans to raise equity capital to replace its estimated $450 million reduction in shareholders’...
A.M. Best Co. has placed the financial strength rating of “A-” for Shelter Reinsurance Co., Columbia, Mo., under review with...
Bermuda’s Renaissance Re reported that its net losses as a result of the September 11 attack on the World Trade...
Two Bermuda-based reinsurers, PartnerRe and Max Re, have indicated that they expect to show loss results for both the third...
The four major engines of global reinsurance–Swiss Re, General & Cologne Re, Munich Re, and Employers Re–form the backbone of...