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A.M. Best Co. has assigned a debt rating of “bb+” to XL Capital Ltd’s (XL Capital) (Cayman Islands) [NYSE: XL] $500 million series C preference share
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Benfield Group, Friends Provident Plc, Hannover Re and Royal & Sun Alliance are scheduled to release their respective second-quarter earnings reports
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Hanover Insurance Group plans to sell its remaining runoff life insurance business to a division of the Goldman Sachs Co. in a deal valued at about $
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Marsh & McLennan Cos. said it will lay off 900 employees as the giant broker's second-quarter profit fell by 63.3%.
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Unionized state workers are going to court to stop Gov. Don Carcieri's plan to impose higher health insurance costs on state employees.
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Ambac Financial posts sharply higher second-quarter net income, giving the struggling bond insurer's a further boost.
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