Standard & Poor’s affirmed its single-‘A’-plus counterparty credit and financial strength ratings on GE Reinsurance Corp. (GE Re). The outlook...
earnings News
The global investment banking form, Credit Suisse First Boston (CSFB) announced that it had lowered its price target on shares...
The property/casualty insurance industry’s net income after taxes fell 7.5 percent last year to $20.2 billion from $21.9 billion the...
On March 28, S&P removed the ratings of SAFECO Corp. and related entities from CreditWatch and lowered SAFECO’s counterparty credit...
The “A++” group FSR of Employers Reinsurance Corporation (ERC) was affirmed by A.M. Best. The rating action also applies to...
The “A+” FSR on XL Capital Ltd. was affirmed by A.M. Best. The rating action also applies to the following...
Willis, the third largest worldwide insurance broker, behind Marsh and Aon, revealed plans to reenter the public equity markets with...
On March 28, Standard & Poor’s removed the ratings of SAFECO Corp. and related entities from CreditWatch and lowered SAFECO’s...
The “A+” counterparty credit rating and FSR on RLI Insurance Co. was affirmed by S&P. The rating action also applies...
Zurich Financial Services, the Anglo-Swiss group ranked as Europe’s 6th largest insurer, reported “normalized” net profits of $2.096 billion for...