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Munich Re's chief executive said his company is interested in reviewing some assets of American International Group for possible acquisition and that the credit crisis is already working to push up re
A decline in the stock price followed Fitch Ratings' announcement yesterday that it was putting the company's outlook on negative. Fitch said while the firm has capacity to address deterioration in
Homeowners insurers, after a mediocre performance during the past five years, can likely look forward to a series of challenges over the next few years from regulators and natural catastrophes, a res
While state regulation of insurance has strong arguments in its favor, the breadth of the federal government's latest involvement in the financial sector could pull regulation of insurance into its or
Content will include articles created by the CPCU Society, as well as information on lowering car insurance costs; tips for teen and senior drivers; fire, flood and lightning safety; and water damage
Content will include articles created by the CPCU Society, as well as information on lowering car insurance costs; tips for teen and senior drivers; fire, flood and lightning safety; and water damage
A decline in the stock price followed Fitch Ratings' announcement yesterday that it was putting the company's outlook on negative. Fitch said while the firm has capacity to address deterioration in it
The issuer credit rating of Safeco was lowered to "bbb" from "bbb-plus," and the ICR of Safeco Insurance Companies and its members were lowered to "a" from "a-plus." The outlook for all ratings is sta
Willis Group Holdings Ltd. said it has completed its acquisition of Richmond, Va.-based Hilb Rogal & Hobbs Co. for $2.1 billion, increasing the insurance brokerage firm's annual revenues by an estimat
The first piece of the American International Group conglomerate to be sold off, as the company moves to repay its $85 billion government loan, is a share in a small London airport, it was announced y
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