Net income at the Pembroke, Bermuda-based carrier was down to $72.8 million from $210.6 million the same period in 2006, a difference of $138 million, or about 65 percent. This number reflects charges

Benfield insurance brokerage said today it has arranged for access to A.M Best Co.'s electronic ratings file, enabling it to provide real-time reinsurer A.M. Best rating change notifications to its U.

The Hamilton, Bermuda-based company reported net income dropped by $93 million to $572 million for the fourth quarter compared to 2006. Net income per share fell 30 cents in the period to $1.69. Gross

Guidewire Software, Inc., a provider of solutions for property/casualty and workers' compensation insurers, released Guidewire BillingCenter 2.0, a billing system for all lines of P&C

Fitch Ratings said today that despite infusions of capital, the "AAA" ratings of Armonk, N.Y.-based MBIA Inc. and the bond insurer's financial guaranty subsidiaries were being placed on Rating Watch N

Fitch Ratings said today that despite infusions of capital, the "AAA" ratings of Armonk, N.Y.-based MBIA Inc. and the bond insurer's financial guaranty subsidiaries were being placed on Rating Watch N

Many of the questions revolved around the issue of profits, and whether the Hartford was seeking to make an excessive profit with their Florida rates. Specifically, members of the committee noted repe

HARTFORD, CONN.--An attorney hired for an American International Group internal investigation of a disputed 2000 General Reinsurance deal that prosecutors charge was a sham to help artificially bolster