A.M. Best Co. has assigned a financial strength rating of "A-minus (Excellent)" and an issuer credit rating of "a-minus" to newly capitalized Bermuda insurer ...
Delayed notification of losses will push Munich Re's hurricane losses to nearly $1.8 billion, with third-quarter North America hurricane storm losses increasing to $600 ...
Insurance and reinsurance losses related to the three major hurricanes that hit the U.S. this year will amount to $57.6 billion, making the cumulative ...
Standard & Poor's Ratings Services has removed Lloyd's from credit watch and affirmed its ratings after reassurances the market could handle its hurricane losses.S&P ...
U.S. earthquake insurance premium prices are based on scanty data and may be insufficient to cover losses, according to a rating firm analysis.Standard & ...
Washington--An American Academy of Actuaries subgroup has added its voice to the chorus calling for a permanent solution to the problem of insuring terrorism ...
Ariel Reinsurance Ltd. has joined the list of start-up reinsurers hoping to capitalize on higher post-Katrina property rates.The Bermuda-based company announced it began operations ...
The better a property-casualty company's financial strength rating, the more it will benefit from the favorable operating conditions of 2005, according to a new ...
Mississippi Attorney General Jim Hood's lawsuit, filed after Hurricane Katrina to compel insurers to pay for what carriers argue are excluded flood damage claims, ...
Standard & Poor's Ratings Services said today it will maintain its negative outlook for the global reinsurance sector due to the catastrophic hurricanes of ...