In a widely anticipated move the European Central Bank (ECB) raised its basic interest rate a quarter point from 4.25...
earnings News
French reinsurer SCOR announced first half results which were somewhat lower than anticipated. Net earnings dropped from 1999’s €70 million...
The law firm of Milberg Weiss Bershard Hynes and Lerach announced that a class action lawsuit was filed on August...
Dutch financial services giant ING posted a hefty 28 percent rise in first half net profits on Thursday, and raised...
Drivers in the U.K. face automobile insurance premium increases of 25 percent or more within the next 12 months warns...
While it affirmed the PXRE Group’s overall A (Excellent) rating, A.M. Best nevertheless revised the outlook for PXRE Reinsurance Co....
Fremont General Corporation, the nationwide insurance and financial services holding company, posted a combined ratio for second quarter 2000 of...
The “BBpi” financial strength rating on Hemar Insurance Corp. of America was affirmed by S&P. The Hemar’s limited remaining business...
RLI released a second quarter earning report showing net operating earnings of $6.9 million, or $.70 per diluted share. This...
A.M. Best has downgraded the financial strength rating of Reliance Insurance Group, New York, from B to C and revised...