Bermuda’s RenaissanceRe will release fourth quarter and full year results today, Tuesday, Feb. 5, following the close of market. RenRe will conduct an investment community conference call on Wednesday, February 6, 2008 at 11:00 A.M. EST to discuss its financial …
ACE Limited expects to issue its year-end, fourth quarter earnings release and financial supplement after the market closes today, Tuesday, February 5, 2008. “A copy of these documents will be available promptly following such issuance in the Investor Information section …
Lloyd’s announced plans to accelerate the pace of change in the market’s claims performance. Having completed an overall “Strategic Claims Review,” the next step is to integrate a new “Claims Change Programme (CCP),” which will be directed by Lloyd’s Franchise …
Standard & Poor’s Ratings Services indicated that “any further deterioration in the credit quality of monoline insurance companies will generally have limited impact on Japanese financial institutions, if such deterioration remains within expectations.” In a detailed analysis of the ongoing …
PartnerRe Ltd. reported a slight decrease in full year net earnings. For the year ended December 31, 2007, net income was $717.8 million, or $11.87 per share. The figure includes “$139.2 million, or $2.42 per share, in net after-tax realized …
Florida got an ‘F’ grade on a national insurance report card based on a study outlining the state’s insurance ills. The state earned the dismal rating – the lowest possible – after a national study compared the insurance environments in …
Ford Motor Co. is recalling about 225,000 vehicles that were already repaired as part of an earlier recall to address concerns about a cruise control deactivation switch. Ford says the affected vehicles represent a small portion of the about 10 …
SAN DIEGO – (February 5, 2008) – Executives at Insurance Journal have added a panel discussion to the MyNewMarkets.com Exchange scheduled for February 15, 2008 at the DoubleTree Hotel in Orange, California. The panel, consisting of Susan Preston, President of …
A Maryland jury has awarded nearly $1.4 million to two Pepco workers who were tracked by private investigators hired by the Washington utility. Prince George’s County jurors found that the company was negligent in its attempt to verify that 30-year …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Taiwan’s South China Insurance Co., Ltd. with a stable outlook. “The ratings reflect South China’s profitable operating results, conservative investment …
