Reno, Nev.-based Employers Holdings Inc., a workers’ compensation insurance provider, will announce its first quarter 2007 financial results during a conference call and Web cast on Tuesday, May 15, at 10:30 a.m. PST. The Web cast will be accessible on …
Standard & Poor’s Ratings Services has assigned its ‘A-‘ senior debt rating to XL Capital Ltd.’s proposed $325 million senior notes due May 15, 2027. At the same time, Standard & Poor’s affirmed its ‘A-‘ counterparty credit ratings on XL …
A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Hong Kong-based HSBC Insurance (Asia) Limited with a stable outlook. “The ratings of HSBC Insurance reflect its consistently profitable underwriting …
The Bermuda-based PXRE Group Ltd. will release its 2007 first quarter financial results after the market close today, May 8, 2007. The Company will hold a conference call to discuss its 2007 first quarter financial results on Wednesday, May 9, …
Bermuda’s Allied World Assurance Company Holdings, Ltd. will release its financial results for the first quarter ended March 31, 2007 today, May 8, 2007 after the market closes. President and CEO Scott Carmilani and CFO Joan Dillard, will host a …
Swiss Re reported first quarter net earnings of CHF 1.3 billion ($1.093 billion), an increase of 54 percent over the prior year’s first quarter, “based,” the Company said, “on continuing good performance across all business segments.” Earnings per share rose …
Standard & Poor’s Ratings Services said Munich Re’s plans to return more than €8 billion ($10.88 billion) to shareholders through a combination of dividends and share buybacks “has no immediate impact on the ratings and outlook on Munich Re.” S&P …
A.M. Best Co. has released a report on the U.K. non-life market, the third largest in the world. It is more or less dominated by five companies — Aviva, Royal Bank of Scotland (RBS), Royal & Sun Alliance, AXA and …
San Antonio-based Argonaut Group Inc. announced that net income increased by 22.4 percent and return on equity (ROE) rose 21 percent in the first quarter of 2007 above that of the same period in 2006. The company reported net income …
The October, 2004 attack by then New York Attorney General, now Governor, Eliot Spitzer against bid rigging and contingent commissions generated significant losses, both in income and competitiveness, for the world’s three biggest global insurance brokers. Fortunately for Marsh & …
