Bermuda-based PartnerRe Ltd. announced that it has priced, through its indirectly wholly-owned subsidiary PartnerRe Finance B LLC, $500 million of...
Financial News
The California State Compensation Insurance Fund, reported it ended 2009 with $1.25 billion in net premium earned, and $143 million...
Competition and the expiration of federal tax exemption cut BrickStreet Mutual Insurance Co.’s profit by 66 percent in 2009. The...
Richfield, Ohio-based National Interstate Insurance Company reports it experienced significant expansion in its Alternative Risk Transfer (ART) component in 2009....
Homeowners Choice Inc., a Florida-based homeowners’ insurer, reported a profitable fourth quarter and year 2009. Net income for the fourth...
AIG is selling its foreign life insurance unit to MetLife Inc. for about $15.5 billion, its second major asset sale...
Standard & Poor’s Ratings Services has published updated assumptions for assessing European insurance hybrid capital instruments (see “Assumptions: Implications Of...
Singapore’s biggest sovereign wealth fund GIC and Qatar Holding LLC have committed to underwrite a significant portion of UK Prudential’s...
American International Group said it would sell its 13.8 percent stake in reinsurer Transatlantic Holdings Inc, worth about $500 million...
CRM Holdings Ltd., a specialty provider of workers’ compensation insurance products, announced it had a net loss of $19 million...