The Hartford Financial Services Group Inc., approaching its 200th birthday, is a strong company poised to grow even stronger, with 2004 marking record performance across the enterprise, Chairman and Chief Executive Officer Ramani Ayer told shareholders at the company’s annual …
Leading Lloyd’s insurer Amlin plc announced that it will provide an update to its Syndicate 2001’s forecasts for the 2003 and 2004 years of account and will comment on current trading at its Annual General Meeting (AGL) to be held …
Standard & Poor’s Ratings Services has issued a report, entitled “Peer Comparison: Bermuda Property Catastrophe Reinsurers,” which examines the differences between five of the island’s reinsurers. S&P said the five share “a history as focused providers of short-tail property catastrophe …
Munich Re posted a 26.7 percent increase in its consolidated results for the first quarter of 2001, earning a net profit of 688 million euros ($882.7 million), compared to 543 million euros ($696.7 million) in the same period of 2004. …
The death toll from Monday’s commuter train crash in Japan has reached 106 with the discovery of three more bodies on Thursday, including the 23-year old driver. In addition to the dead more 450 people were injured in the country’s …
Standard & Poor’s Ratings Services announced that it has raised its financial strength and long-term counterparty ratings on Japan’s Fuji Fire & Marine Insurance Co. to “BBB+” from “BBB”, “reflecting the insurer’s improved capitalization and profitability.” The outlook on the …
Standard & Poor’s Ratings Services announced that it has revised its outlook to positive from stable on the “A-” financial strength and long-term counterparty ratings on Aioi Insurance Co. Ltd., “reflecting increased likelihood of improvement in the company’s capitalization.” It …
Standard & Poor’s Ratings Services announced that it has placed its “A-” insurer financial strength and long-term counterparty credit ratings on Taiwan-based Mingtai Fire & Marine Insurance Co. Ltd. on CreditWatch with positive implications. S&P also affirmed its “BBB-/A-3” counterparty …
The loss of life from yesterday’s train wreck in Japan has risen to 73. Over 450 were injured, and many remain in a serious condition. Rescue workers labored throughout the night to extract survivors from the mangled mass of metal …
A Japanese commuter train came off the tracks at Amagasaki, a suburb of Osaka, about 400 kms (255 miles) west of Tokyo, and rammed into a building at about 9:20 a.m. local time. News reports have put the death toll …
