A federal judge in Houston said Friday she will evaluate whether three high profile financial institutions being sued for $40 billion in connection with Enron Corp.’s collapse should be dropped from litigation after the U.S. Supreme Court refused to hear …
The Bermuda-based Everest Re Group, Ltd. reported fourth quarter 2007 after-tax operating income, which excludes realized capital gains and losses, of $63.2 million, or $1.00 per diluted share, compared to after-tax operating income of $201.2 million, or $3.07 per diluted …
A Rhode Island TV station and a cameraman accused of getting in the way of people fleeing the nightclub fire that killed 100 people have reached a tentative $30 million settlement with survivors and victims’ relatives, station officials said. It …
Reinsurance and risk intermediary Benfield announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to open a new representative office in Beijing. The new facility adds to Benfield’s presence in China, where it opened its first …
The Commerce Group, Inc. reported 2007 fourth quarter net earnings were $19.6 million, or $0.32 per diluted share, compared to net earnings of $59.4 million or $0.87 per diluted share for 2006. Commerce is in the process of being acquired …
Zurich Financial Services Group announced that it will expand its services for corporate customers in Norway and Denmark through the establishment of two new branches of Zurich Insurance Ireland Limited (ZIIL), its principal subsidiary for the European Union. ZIIL, which …
Aon Re Global has appointed Robert J. Cooney as Managing Director of Aon Capital Markets. He will report to Paul Schultz, President of Aon Capital Markets, and will also serve as Vice Chairman of Aon Re Global – Bermuda. He …
Bermuda’s AXIS Capital Holdings Limited will announce its fourth quarter 2007 and full year results after the market close today, February 4, 2008. John Charman, CEO and President, and David Greenfield, CFO, will host an investment community teleconference, including a …
Bermuda-based PartnerRe Ltd. will announce its fourth quarter 2007 and full year results after the market close today, February 4, 2008. Senior management will conduct a dial-in conference call, which will include a question and answer period, on Tuesday, February …
New jersey-based Crump Group, Inc. announced that John Jennings has been promoted to president of its wholesale property and casualty insurance services division. In his new role, Jennings will report to John Howard, president and CEO of Crump Group, Inc. …
