A. M. Best
HCC Insurance Holdings Q2 Net Profit Falls
Texas-based HCC Insurance Holdings has reported a net profit of $ 69.5m, or $ 0.61 per share, in the second quarter of 2011 compared to $ 83.4m, or $ 0.72 per share during the same quarter in 2010 . The second quarter of 2011, total revenue was $ 114.85m, compared to $ 114.94m in the [...]
Everest Re Group An Agreement With Insurance Services Ltd. In Canada
Everest Re Group Ltd. (NYSE: UA – News) announced today that its subsidiary, Everest Reinsurance Company acquired Premiere Subscription Services (Premiere), a general agent headquartered in Toronto, Canada, specializing in entertainment , sports and recreational risks. Premiere will operate as a subsidiary of Everest Insurance Company of Canada. In addition, Everest Insurance Company of Canada [...]
RLI Corp. Announces New Reinsurance Property Treaty Group
RLI Corp. announced it has created a new ownership group treated within its Division of RLI Re to increase its capacity in the reinsurance market. The new group provides reinsurance solutions require goods to a select group of insurance companies, regional and super regional. “We are pleased to extend the capabilities of our success reinsurance [...]
AM Best Withdraws Ratings Of XL Life Insurance
AM Best Co. has confirmed the financial strength rating (FSR) and A-(Excellent) and issuer credit ratings (ICR) is the “A” XL Life Ltd (XL Life) (Hamilton, Bermuda). Stable outlook, and the team. AM Best has also withdrawn the FSR-(Excellent) and the IRC is “A” and attached to the NR-3 (Rating Procedure does not apply) and [...]
Term Life Insurance Comparison
“Compare Term Life Insurance with Whole Life” When considering a Life Insurance purchase, the age-old question is “term or whole life?” Make sure you are aware of the reasons you need life insurance, and these reasons will be your guide in answering that question. “Most individuals shopping for life insurance really want to understand the [...]