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The current economic downturn has led to a spike in the delinquency ratios for insurance company loans in South Korea. The delinquency ratio for poli
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Nipponkoa Insurance Co. Ltd. [84413] reported securities valuation losses of 21.5 billion yen (US$241.1 million) on a consolidated basis for the Apri
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Severe thunderstorms in southeast Queensland last November cost insurance companies about A$309 million (US$197.3 million) in insured claims, accordi
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The U.S. Senate Tuesday defeated a provision to slash the tax rate on profits that companies bring into the United States from overseas, voting not t
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ACE Limited reported net income for the fourth quarter ended December 31, 2008, of $20 million, a 96 percent decline from the $572 million the group
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PartnerRe Ltd. joined the growing list of companies, reporting sharp fourth quarter and full year net income decreases. The Bermuda-based reinsurer p
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A.M. Best Co. has placed the issuer credit rating (ICR) of "bbb-" of Cayman Islands-based Ironshore Inc. and the ICR of "a-" and financial strength r
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A report from Standard & Poor's Ratings Services entitled, "Tough Times Will Challenge Russian Insurers In 2009-2010", published on its RatingsDirect
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