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The Company maintains strong liquidity in its primary subsidiary, MBIA Insurance Corporation, and in its holding company, in both its asset/liability management business and its holding company activities. As of September 30, MBIA Insurance ...
Read moreMBIA Inc. Provides Financial Update and Reports Financial Results for ... - MSN MoneyCentral
Nov. 5 (Bloomberg) -- MBIA Inc. and Ambac Financial Group Inc. , the bond insurers crippled by credit-rating downgrades, posted wider losses than analysts anticipated after slumping credit markets forced them to increase reserves for claims. MBIA ...
Read moreMBIA, Ambac Losses Widen on Higher Claims Forecast (Update4) - Bloomberg
MBIA Inc. ( MBI ) Q3 2008 Earnings Call November 5, 2008 11:00 am ET Executives Greg Diamond - Director of Investor Relations Jay Brown - Chairman and CEO Chuck Chaplin - Vice Chairman and CFO Mitchell Sonkin - Head of Insured Portfolio Management ...
Read moreMBIA Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Bond insurer MBIA Inc. said Wednesday its third-quarter loss widened sharply as it increased loss reserves for its home equity mortgage exposures and continued to rebalance a portfolio. MBIA (nyse: MBI - news - people ) lost $806.5 million, or $3.48 ...
Read moreMBIA's 3Q loss widens on reserve buildup - Forbes
Protective Life Corporation ( “ Protective, ” ) PL today issued a statement regarding Moody's Investors Service and Fitch Ratings actions related to the company ratings: Moody ’ s announced today a one-step downgrade of the insurance financial ...
Read moreProtective Issues Statement on Rating Agency Actions - MSN MoneyCentral
The housing crisis is not over for bond insurer MBIA . The company is still losing money on dodgy mortgage-backed securities that it insured at the height of the U.S. housing bubble. MBIA (nyse: MBI - news - people ) posted a sharply increased third ...
Read moreSecond Mortgages Sting MBIA - Forbes
BOSTON (Dow Jones) -- A pair of bond insurers saw their stocks plunge Wednesday morning after they reported wider quarterly losses as the companies continue to get buffeted by their exposure to complex credit derivatives linked to the sagging housing ...
Read moreUPDATE: Bond Insurers Ambac, MBIA Report Wider Quarterly Losses - CNN Money
- Fitch Ratings has downgraded the insurer financial strength (IFS) ratings assigned to the life insurance subsidiaries of The Phoenix Companies, Inc. (NYSE:PNX) to 'A' from 'A+'. The Rating Outlook remains Negative. A full rating list is provided ...
Read moreFitch Downgrades The Phoenix Companies IFS Ratings; Outlook Remains ... - PR Inside
NEW YORK--( BUSINESS WIRE )--Arch Insurance Group (Arch), a division of Arch Capital Group Ltd., recently announced its new Network Security & Privacy coverage — called Arch NetSafe sm . Arch NetSafe sm is designed to protect a company ’ s ...
Read moreArch Insurance Group Announces New Network Security & Privacy Product - Businesswire.com
Net sales increased $60,548,000, or 11%, to $629,359,000 in fiscal 2008 from $568,901,000 in fiscal 2007. Adjusting for sales related to the acquisitions of DADDY RAY ’ S and Hom/Ade Foods in January 2007, and WHOLE FRUIT Sorbet and FRUIT-A-FREEZE ...
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