Archive for the ‘Property Insurance’ Category

IDS Property Casualty Insurance Company Rating

.M. Best Company has made the following rating update: Company: IDS Property casualty insurance Company AMB Number: 3563 Current Rating: A Previous Rating: A Incorporated by Ciak, Kenneth J., Dianne L Wilson, Larry W Frazier, Rebecca A Nash, Thomas R Moore, Walter S Berman, Ids Property casualty insurance Company is located at 3500 Packerland Dr [...]

Property Insurers Start Making Profit

Property insurers in the Chinese market begin making profit this year after a long-term loss-making operation. Statistics from the China Insurance Regulatory Commission (CIRC), the top Chinese insurance regulator, show that the premium revenue they captured in the first half of the year reached CNY 201.8 billion, soaring 33.5 percent year on year, with underwriting [...]

Property Insurers Start Making Profit

Property insurers in the Chinese market begin making profit this year after a long-term loss-making operation. Statistics from the China Insurance Regulatory Commission (CIRC), the top Chinese insurance regulator, show that the premium revenue they captured in the first half of the year reached CNY 201.8 billion, soaring 33.5 percent year on year, with underwriting [...]

Mercator CEO: Preferred Concepts Deal Combines Wholesale Expertise, Strong Programs

Copyright 2010 A.M. Best Company, Inc.All Rights Reserved BestWire June 8, 2010 Tuesday 04:40 PM EST 433 words Mercator CEO: Preferred Concepts Deal Combines Wholesale Expertise, Strong Programs Lori Chordas NEW YORK Preferred Concepts LLC has acquired wholesale broker Mercator Risk Services, which specializes in the placement of property/casualty and professional liability lines of business. [...]

Ambac Financial has the Highest Level of Efficiency in the Property & Casualty Insurance Industry (ABK, AGO, AHL, AXS, AWH)

Below are the top five most-efficient companies in the Property & casualty insurance industry as ranked by Revenue Per Employee (RPE). Analysts use RPE as a measure to compare the productivity of companies in the same industry. Ambac financial (NYSE:ABK) ranks first with an RPE of $13.35M; Assured Guaranty (NYSE:AGO) ranks second with an RPE [...]