Reinsurance

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of Allstate Corp. (ALL) and its subsidiaries namely, Allstate Insurance Group, Allstate Financial and Allstate Life Insurance Co. The rating agency has affirmed issuer credit ratings (ICR) of “a-” and debt ratings for Allstate Corp....

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of Allstate Corp. (ALL) and its subsidiaries namely, Allstate Insurance Group, Allstate Financial and Allstate Life Insurance Co. The rating agency has affirmed issuer credit ratings (ICR) of “a-” and debt ratings for Allstate Corp....

Everest Re Group, Ltd. (NYSE: RE) announced today that it has entered into discussions with Heartland Crop Insurance, Inc. regarding a potential acquisition of the Kansas-based company by Everest Reinsurance Holdings, Inc. or one of its affiliates. The parties have entered into a non-binding letter...

Yesterday, Delphi Financial Group Inc., (DFG) and its primary life and health insurance units, Reliance Standard Life Insurance Co. and First Reliance Standard Life Insurance Co. both received an affirmation of “A” for financial strength rating (FSR) and “a” for issuer credit ratings (ICR) from...

Yesterday, Delphi Financial Group Inc., (DFG) and its primary life and health insurance units, Reliance Standard Life Insurance Co. and First Reliance Standard Life Insurance Co. both received an affirmation of “A” for financial strength rating (FSR) and “a” for issuer credit ratings (ICR) from...

Standard & Poor's Ratings Services (S&P) upgraded the outlook on Loews Corporation (L) to "positive" from "stable". The rating agency also affirmed the investment-grade counterparty credit rating of “A”. Based on Loews' strength of cash flows coupled with solid earnings to service debt...

Standard & Poor's Ratings Services (S&P) upgraded the outlook on Loews Corporation (L) to "positive" from "stable". The rating agency also affirmed the investment-grade counterparty credit rating of “A”. Based on Loews' strength of cash flows coupled with solid earnings to service debt...

The financial strength and counterparty credit ratings of  ACE Limited's (ACE) core operating insurance companies have been upgraded to “AA-” (Very Strong) by Standard & Poor's Ratings Services (S&P). The outlook remains stable. The operating companies include those of core North America...

The financial strength and counterparty credit ratings of  ACE Limited's (ACE) core operating insurance companies have been upgraded to “AA-” (Very Strong) by Standard & Poor's Ratings Services (S&P). The outlook remains stable. The operating companies include those of core North America...

A.M. Best Co. affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-” of Principal Life Insurance Company and Principal National Life Insurance Company, the life insurance operating companies of Principal Financial Group Inc. (PFG). The outlook was...

A.M. Best Co. affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-” of Principal Life Insurance Company and Principal National Life Insurance Company, the life insurance operating companies of Principal Financial Group Inc. (PFG). The outlook was...

Yesterday, property-casualty (P&C) and life reinsurer PartnerRe Ltd. (PRE) announced the share repurchase of approximately 1.2834 million of common stock at a price of $77.50 per share, for $99.5 million. This represented about 1.7% of 74.6 million outstanding shares as of September 30. The...