All Financial articles – Page 36
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SCA and XLCA lose their “A” rating
SCA's current level of capital is no longer consistent with an investment grade IFS rating, says Fitch
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Whittington appoints John Loudon as non-exec chair
Former chairman, Edward de Jager, will remain as an active non executive director
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Max Capital outlook revised to positive
Max Capital Group will be positioned for an upgrade in about 18-24 months, says S&P
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S&P: Insurers to finally embrace ERM
2008 will mark the year that insurers finally get to grips with enterprise risk management
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XL comments on Merrill Lynch lawsuit
Merrill Lynch is suing XL Capital Assurance and not XL Capital, contrary to "erroneous" reports
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Hardy announces £18.3m profit
Hardy Underwriting Group has announced a pre-tax profit of £18.3m for the year ended 31 December 2007.
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AMIC announces 275m dollar loss
American Independence (AMIC) has announced a loss of $275m as of 31 December 2007.
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Montpelier Re announces quarterly dividend
Montpelier Re has declared a quarterly dividend of $0.075 per common share.
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HCC announces quarterly cash dividend
HCC has announced a regular cash dividend of $0.11 per share on the company’s shares of $1 par value common stock.
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RAM reports 152.9m dollar loss
RAM Holdings has reported a fourth quarter net loss of $152.9m, or $5.61 per diluted share.
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FGIC announces 1.89bn dollar loss
FGIC Corporation, the parent company of Financial Guaranty Insurance, has announced a net loss of $1.89bn for the quarter ended 31 December, 2007.
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National Atlantic announces 6.2m dollar loss
National Atlantic has announced a net loss of $6.2m, or $0.56 per share for the full year ended 31 December 2007.
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Quanta announces special cash dividend
Quanta has declared a special dividend of $1.75 per common share.
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Hannover Re outlook changed to positive
The outlook for the issuer credit rating and debt ratings of Hannover Re and its rated subsidiaries has been revised to positive from stable by A.M. Best.
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Amlin's sub debt ratings upgraded
Moody's has announced that it has upgraded the subordinated debt ratings of Amlin to Baa2 from Baa3.
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CIGNA reaffirms 2008 earnings estimate
CIGNA is reaffirming its estimate that full year 2008 income from operations will be in the range of $1.16bn to $1.22bn, or $4.05 to $4.25 per share.
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Online onlyBrit's Gibraltar reinsurer opens for business
Rockhampton Insurance will write some £60m of reinsurance business this year
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Online onlyRecord results for Hannover Re
German reinsurer sees profits surge by 42.6% despite a drop in premiums
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New chief underwriter for XL Insurance
XL Insurance has named John Glancy to the newly created position of chief underwriting officer
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Berkshire to sell White Mountains stake
WTM will transfer certain runoff units and $751m in cash to Berkshire Hathaway
