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By Dave Lenckus |
March 1, 2012
Fiscally fit bond principals with solid management plans—and without losses—are discovering sufficient and inexpensive capacity for surety insurance, say brokers and underwriters.
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By Arthur D. Postal, PropertyCasualty360.com |
February 15, 2012
First Sealord, a bond and surety insurance company based in Villanova, Pa., has been placed in receivership.
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By Staff Writer |
June 21, 2011
The Travelers Companies, Inc. says it has expanded its position in the surety market business in Brazil by acquiring a 43 percent interest stake in JMalucelli Participações em Seguros e Resseguros S.A.
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By Staff Writer |
November 4, 2010
The Travelers Companies will acquire 43 percent of the common stock of Brazilian surety insurance provider J. Malucelli Parcipacoes em Seguros e Resseguros S.A. for approximately $370 million, the company announced.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 11, 2010
Hannover Re Group reported net income rose substantially for 2009, up EUR858 million ($1.17 billion at the current exchange rate) compared to a loss for 2008.
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By Phil Gusman, PropertyCasualty360.com |
March 11, 2010
Everest Re Group, Ltd. said its preliminary loss estimate for exposures relating to the Chile earthquake is $225 million and Hannover Re Group said its quake losses stand at $253 million.
