earnings News

Validus Re to Release Q4, FY Earnings Today; Conference Call Details

Bermuda-based Validus Holdings plans to release its financial results for the fourth quarter and fiscal year ended December 31, 2008, after the close of trading on the New York Stock Exchange today, Thursday, February 12, 2009. The Company will hold …

Fitch Sets Out Ratings Evaluation Criteria Focused on Investment Crisis

Fitch Ratings announced that it is “continuing its evaluation of insurance ratings globally, focusing on the impact of declines in investment portfolio market values, and other market pressures, related to the current recessionary economic environment.” Fitch had previously moved its …

Max Capital to Hold Earnings Conference Call Today

The Bermuda-based Max Capital Group will hold an investment community conference call today, Wednesday, February 11, 2009, at 10 o’clock a.m. Eastern Time, to discuss the Company’s fourth quarter 2008 financial results with interested investors and shareholders. Chairman and CEO …

Willis to Release Q4 Earnings Today; Conference Call Details

Willis Group Holdings Limited will release earnings for the fourth quarter ending December 31, 2008 after the market closes on Wednesday, February 11, 2009. Copies of the release will be available soon thereafter within the “Investor Relations” section of the …

Everest Re to Release Q4, FY Earnings Today; Conference Call Details

The Bermuda-based Everest Re Group will release its Fourth Quarter 2008 earnings after close of trading on the NYSE on February 11, 2009. A conference call discussing the results will be held at 8:30 a.m. Eastern Time on February 12, …

S&P Lowers Hartford’s Ratings to ‘A-‘; On CreditWatch Negative

Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Hartford Financial Services Group (HIG) to ‘A-‘ from ‘A’. S&P also placed its ratings on HIG and its operating subsidiaries (collectively referred to as Hartford) on CreditWatch with …

AXIS to Release Q4, FY Earnings Today; Conference Call Details

Bermuda-based AXIS Capital Holdings Limited expects to release financial results for the fourth quarter and year ended December 31, 2008, today, Monday, February 9, 2009, after the close of the financial markets. John Charman, CEO and President, and David Greenfield, …

Employee-Powered Excellence

With a Conservative View on Growth and Employees as Owners, J. Smith Lanier & Co. Has Risen to the Top Even in the Toughest Market Imaginable Insurance Journal Top 100 Agency Profile RANKING: No. 9 Agency Name: J. Smith Lanier …

S&P, Best Put Swiss Re’s Ratings on Negative Credit Watch

Reactions from the rating agencies to Swiss Re’s announcement of further losses (See IJ web site – https://www.insurancejournal.com/news/international/2009/02/05/97610.htm) has been swift. A.M. Best announced that it had placed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings …

Aspen Reports Q4 Profits Down 83.9%, 78.8% Full Year

Bermuda-based Aspen Insurance Holdings Limited reported a sharply decreased net profit after tax for 2008 of $103.8 million or an operating profit of $1.44 per diluted ordinary share and net profit after tax for the fourth quarter of 2008 of …