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By Ken Brownlee, CPCU |
February 29, 2012
Effectively analyzing claims files involves both quantitative and qualitative auditing practices.
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By Staff Writer |
December 21, 2011
Insurance rating agency A.M. Best Co. says it has placed Fireman’s Fund Insurance Cos. under review with negative implications following the downgrade of the issuer credit ratings of parent company Allianz SE.
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By Chad Hemenway, PropertyCasualty360.com |
August 2, 2011
State Auto Financial Corp. says it suffered an “unprecedented and unexpected” second quarter loss of $201.4 million
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By Susanne Sclafane, PropertyCasualty360.com |
June 17, 2011
Allied World Assurance Company Holdings, AG and Transatlantic Holdings, Inc. announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.
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By Susanne Sclafane, PropertyCasualty360.com |
June 13, 2011
Yesterday, Transatlantic Holdings, Inc. and Allied World Assurance Company Holdings, AG announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.
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By Staff Writer |
June 7, 2011
A.M. Best Co. downgraded Columbus, Ohio-based State Auto Insurance Cos.’ financial-strength rating to A from A-plus due to the impact of property catastrophe losses on the insurer.
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By Mark E. Ruquet, PropertyCasualty360.com, Chad Hemenway, PropertyCasualty360.com |
March 7, 2011
While American International Group reported a 2011 fourth-quarter net profit of more than $11 billion, its property and casualty subsidiary Chartis came in with an underwriting loss of $5.2 billion, primarily because of its reserve charge.
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By Chad Hemenway, PropertyCasualty360.com |
February 28, 2011
Standard & Poor’s Rating Services has downgraded the counterparty credit and financial strength ratings of American International Group Inc.’s (AIG) Chartis subsidiaries after the company reported a 2010 fourth-quarter underwriting loss of $5.2 billion.
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By Chad Hemenway, PropertyCasualty360.com |
February 21, 2011
More reserve charges could be ahead for American International Group Inc. (AIG), according to analysts.
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By Chad Hemenway, PropertyCasualty360.com |
February 10, 2011
Fitch Ratings has dropped the financial strength rating of American International Group Inc.’s domestic non-life insurance subsidiaries after AIG had to bolster Chartis reserves by $4.1 billion.