CNA Reports $1.76B On ChargesCNA Financial Corporation, after delaying the release of its third-quarter earnings results for one week, reported a $1.76 billion net loss, ...
P-C Earnings Improve Amid ChallengesThe majority of property-casualty insurers posted strong earnings for their 2003 third quarter, and the p-c sector as a whole demonstrated ...
SCOR Downgraded On Reserve Charge; Scraps Plan To Sell Life Re BizThe four principal ratings agencies have either downgraded or put the troubled SCOR Group ...
PMA Withdraws From Re Biz; Execs ExitPMA Capital Corporationwhich earlier this month surprised ratings agencies with its decision to take a $150 million pretax charge ...
PMA Announces $150M Charge; Downgrades FollowPMA Capital Corporations disclosure last week that it will take a pretax charge of $150 million to strengthen reserves for ...
Calif. Wildfires Cost $2B, Maybe MoreWith the Southern California wildfires virtually contained, the hard work of figuring out how much it will all cost begins, ...
Insurers Ready For Fire Challenge As tragic as the situation in Southern California is, industry observers feel insurers are capable of handling losses from the ...
Munich Re Plans 3.8 B Euros OfferingWith its ratings under pressure, Munich Reinsurance Company has decided to raise at least 3.8 euros (4.4 billion) in ...
CNA Selling Reinsurance RenewalsCNA said it is getting out of the reinsurance business and is selling off the CNA Re renewal rights to Folksamerica Reinsurance ...
Travelers Buying Renewal Rights For Some Atlantic Mutual Marine BizAtlantic Mutual Companies said as part of a focus on core markets it has agreed to ...