Reinsurance

Moody's Investors Service cut various ratings of Bermuda-based XL Capital Ltd yesterday, including the financial strength ratings of insurance operations to Aa3--pulling those ratings ...

Strong investment income and relatively modest catastrophe losses helped fuel a 30 percent increase in net income for Cincinnati Financial Corp.'s third-quarter financial results.The ...

Washington--A House panel said today it will consider a measure next week to extend the federal backstop for terrorism insurance with provisions that have ...

American Re Corp. reported its third-quarter net income at $10.9 million, up 60 percent despite record catastrophe losses in the United States exceeding $400 ...

American International Group, after delaying its third quarter report, said today that net income for the period fell 36 percent, or $968 million, from ...

Washington--The House and Senate financial services committees overwhelmingly approved bills today that extend the Terrorism Risk Insurance Act.Passage of the measures by both panels ...

Washington--The Senate early today passed by unanimous consent its version of legislation extending the Terrorism Risk Insurance Act for two years.The legislation providing insurers ...

Transatlantic Reinsurance Company got handed its second downgrade in one day yesterday, when Moody's Investors Service lowered the insurance financial strength rating to Aa3 ...