France’s AXA Group announced that it has entered into an agreement to acquire its Turkish partner OYAK’s fifty percent share in AXA OYAK Holding A.S., a company they established jointly in 1999. AXA said it will pay a purchase price …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Seven Seas Insurance Company, Inc., based in Riviera Beach, Fla., with a stable outlook. “The ratings reflect Seven Seas outstanding …
ACE Limited’s earnings report showed a 14 percent drop in fourth quarter net earnings to $572 million, down from $665 million in the same period of 2006. The Company posted Q4 investment losses of $134 million. Operating earnings for the …
Aspen Insurance Holdings Limited will release its fourth quarter and year-end 2007 financial results today, Wednesday, February 6, 2008, following the closing of the U.S. markets. The Company will hold a conference call to discuss its financial results on Thursday, …
Willis Group Holdings Limited will release earnings for the fourth quarter ending December 31, 2007 after the market closes on Wednesday, February 6, 2008. Copies of the release will be available soon thereafter within the “Investor Relations” section of the …
Bermuda-based Endurance Specialty Holdings Ltd. will release its fourth quarter 2007 financial results today, Wednesday, February 6, 2008 after the close of the financial markets. On Thursday, February 7, 2008, Kenneth LeStrange, Chairman, President and CEO, and members of senior …
The Bermuda-based White Mountains Insurance Group (which includes OneBeacon, White Mountains Re and Esurance) announced that its “adjusted comprehensive net income for the fourth quarter of 2007 was $127 million compared to $357 million in the fourth quarter of last …
Bermuda’s RenaissanceRe Holdings Ltd. reported $186.2 million in fourth quarter operating income, which excludes capital gains/losses, available to common shareholders, compared to $198.6 million in the fourth quarter of 2006. RenRe reported losses of $131.2 million arising from net unrealized …
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 …
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 …
