Standard and Poor’s (S&P) Ratings Services raised its rating for Fireman’s Fund Insurance Co. from “A+” to “AA-.” S&P noted...
earnings News
The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller...
American International Group’s (AIG) exposure to the subprime mortgage market that precipitated the government’s $85 billion bailout came as a...
U.S. life insurers Lincoln National Corp. and ACE Ltd reassured investors that they have enough capital, but credit rating agency...
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating...
PricewaterhouseCoopers, the independent auditor for American International Group, will pay $97.5 million to settle a class-action securities fraud lawsuit against...
French bank BNP Paribas agreed to scoop up assets in Belgium and Luxembourg of banking and insurance group Fortis for...
A number of Bermuda-based insurers and reinsurers are due to start publishing their third quarter results at the end of...
The Hartford Financial Services Group Inc. lost nearly $9 billion of market value last week as investors fled the financial...
Rating analysts are taking a second look at The Hartford Financial Services Group in light of its recent hit on...