A.M. Best Co. expects the property/casualty industry to incur upwards of $121 billion in net asbestos and environmental losses, according...
earnings News
California-based PAULA Financial announced net income of $0.20 per share for the third quarter of 2001 compared to a net...
HCC Insurance Holdings Inc. posted a third-quarter net loss, citing claims from Sept. 11 and reserve charges for discontinued businesses....
Standard & Poor’s (S&P) affirmed its “AA” counterparty credit and insurer financial strength rating (FSR) on the core operating companies...
A.M. Best Co. affirmed the “A++” FSR of Swiss Reinsurance Co., Zurich. The rating is based on Swiss Re’s superior...
S&P lowered its counterparty credit rating and FSR on Trenwick America Reinsurance Corp., Trenwick International Ltd. (Trenwick International), Chartwell Ins....
Standard & Poor’s removed from CreditWatch and lowered its counterparty credit and senior debt ratings on Chubb Corp. to “AA-”...
Aegon, the Dutch financial services group and parent company of Transamerica Corp., announced that an American, Donald Shepard, will succeed...
Insurer American Financial Group Inc. said Nov. 2 its quarterly loss widened because of losses from asbestos and the Sept....
The Hartford Financial Services Group Inc. reported an operating loss of $52 million for the third quarter of 2001, reflecting...