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Headline reserve charges for Tower Group, Meadowbrook Insurance Group and QBE Americas in 2013 didn't interrupt an eight-year trend of overall prior-year reserve takedowns for the property/casualty ...
On Monday, Fitch Ratings revised the Rating Watch status of Tower Group International, Ltd. to Rating Watch Evolving from Rating Watch Negative following Tower's announcement of a planned merger with ...
Fitch Ratings announced Thursday that it downgraded the insurer financial strength ratings of the operating subsidiaries of Tower Group International, Ltd.'s to "B" from "BB." In October 2013, ...
On Friday, A.M. Best Co. announced that the rating agency has downgraded the financial strength rating (FSR) to B (Fair) from B++ (Good) of the pooled and reinsured members of the Tower US Pool. The ...
Tower Group International, Ltd. announced Wednesday that NASDAQ has notified the company that it is not in compliance with the exchange's listing requirements. According to Tower's press release, ...
A day after Tower Group International Ltd. disclosed "substantial doubt about the company's ability to continue as a going concern," a letter from the carrier's CEO reassured business partners that ...
Tower Group International Ltd. announced Thursday that it is restating previously filed audited annual consolidated financial statements for 2011 and 2012, which are contained in Tower's March 31, ...
A.M. Best Co. announced Tuesday that the rating agency has downgraded the financial strength rating of members of Tower Group to B++ (Good) from A- (Excellent), one day after the company itself ...
Tower Group International, Ltd. announced reserve and goodwill charges representing over 60 percent of year-end 2012 shareholder's equity Monday, prompting Fitch Ratings to cut the financial strength ...
Tower Group International, Ltd. said Tuesday that it is ceding more than 20 percent of its commercial liability business and 30 percent of its workers comp business to three reinsurers under pro-rata ...
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