earnings News

Ratings Roundup: Triad Guaranty, Allstate and Affiliates

Standard & Poor’s Ratings Services has placed its ‘AA’ counterparty credit and financial strength ratings on Triad Guaranty Insurance Corp. and its ‘A’ counterparty credit rating on Triad Guaranty Inc. on CreditWatch with negative implications. “The CreditWatch follows today’s announcement …

Arch to Report Q3 Results Today; Conference Call Details

The Bermuda-based Arch Capital Group Ltd. will release its 2007 third quarter results after the close of regular stock market hours on Thursday, October 25, 2007. The Company will hold a conference call for investors and analysts at 11:00 a.m. …

Willis Q3 Earnings Conference Call Today

Joe Plumeri, Chairman and CEO of Willis Group Holdings, will host a conference call today, October 25, 2007, at 8:00 AM Eastern Time to discuss the global broker’s earnings for the third quarter ending September 30, 2007. Interested parties may …

Montpelier Re Schedules Q3 Earnings Conference Call Today

Montpelier Re Holdings Ltd. executives will hold a conference call to discuss the Group’s third quarter results today, October 25, 2007 at 8:30 a.m. Eastern Time. A live webcast of the call will be available at: www.montpelierre.bm. The archived webcast …

Differential Pricing By Reinsurers May Prove Beneficial To Some, Says Report

The European Commission (EC) findings on business insurance are expected to add further impetus to the trend toward differential pricing within the reinsurance sector, Standard & Poor’s Ratings Services confirmed in a recently published report. The report, titled “Differential Pricing …

AT&T Sues Web Phone Company Vonage for Patent Infringement

Internet telephone company Vonage Holdings Corp. disclosed Friday that it’s the target of yet another patent lawsuit from a telephone company, in this case AT&T Inc. That makes AT&T the third major phone company to sue Vonage, which until recently …

Everest Re to Release Q3 Earnings Today; Conference Call Details

Bermuda’s Everest Re Group will release its third quarter 2007 earnings after the close of trading on the NYSE today, October 22, 2007. A conference call discussing the results will be held at 8:30 a.m. Eastern Time on October 23, …

Fireman’s Fund Adds Green Amendments to Builders Risk Policy

Fireman’s Fund Insurance Co. announced the introduction of new green amendments to its builders risk insurance policy. New green buildings undergoing construction and existing buildings undergoing green renovations have unique exposures regarding loss of income and extra expenses that not …

Munich Re to Acquire Midland Co.

It didn’t take Munich Re very long to make good on its intentions to expand in then U.S. P/C market (See IJ web site Oct. 9). The world’s second largest reinsurer announced today that it has “concluded an agreement with …

Bottom Line: Allstate’s Aggressive Personal Lines Strategy Paying Off

When a series of killer hurricanes walloped the Gulf Coast in 2005, costing Allstate Corp. a record quarterly loss of $1.55 billion, the company tried to make sure its bottom line would never be hit so hard again. The nation’s …