Search Results

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

A source with knowledge of the situation said work is underway for a bailout of New York-based Ambac Financial Group by eight financial institutions. On Jan. 18, Fitch Ratings reduced the insurer from

Property-casualty insurers have sustained relatively little damage despite a U.S. subprime mortgage market implosion that has wiped $173.2 billion off company balance sheets around the world, and insu

The Michael White-Symetra Bank Holding Company Fee Income Report said that income for that sector in the third quarter was $3.01 billion--a 4.1 percent decrease from $3.14 billion in second-quarter 200

The Michael White-Symetra Bank Holding Company Fee Income Report said that income for that sector in the third quarter was $3.01 billion--a 4.1 percent decrease from $3.14 billion in second-quarter 200

Citigroup analysts lowered its earnings estimates for insurance brokers to reflect "persistent" weakness in the pricing for property-casualty insurance products, but two brokers with global reach will

With more experts putting numbers to the possible insurance liability impact of the subprime mortgage crisis last month, the figures are starting to mount, with estimates ranging from $3 billion to