A.M. Best Co. has downgraded the financial strength ratings to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to...
earnings News
Warren Buffett’s Berkshire Hathaway Inc. said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating...
Germany’s Allianz Group posted preliminary figures for 2009, indicating that its net income rose by 13.2 percent to €4.7 billion...
Employers Holdings Inc. reported fourth quarter 2009 net income of $11.3 million compared with $15.9 million in the same period...
The Obama administration’s pay czar said his attempts to renegotiate valid pay contracts at bailed-out companies, particularly insurer AIG, has...
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of...
For the fourth consecutive year, A.M. Best Co. is maintaining a stable outlook for the global non-life reinsurance industry. The...
Despite soft market conditions, the anticipation of less favorable loss reserve releases and a contracting economy, the U.S. commercial lines...
Neither Standard & Poor’s Ratings Services nor A.M. Best are currently expecting to change their ratings on Zenith National Insurance...
Bermuda-based Montpelier Re Holdings Ltd. reported greatly improved fourth quarter and full year financial results. The reinsurer’s fourth quarter net...