Chicago Newswire (Page 2)

Chicago Newswire (Page 2)

Comprehensive Real-Time News Feed for Chicago, IL. (Page 2)

Results 21 - 40 of 80 for "u:reuters.com" in Chicago, IL

  1. Fitch: Bermuda Insurers Underwriting Deteriorates on Reinsurance SlipRead the original story w/Photo

    Jul 19, 2017 | Reuters

    Link to Fitch Ratings' Report: Bermuda Market Long-Run Performance here CHICAGO, July 19 Bermuda based insurers have generated favorable financial performance over the long term, but results have deteriorated recently. Operating return on equity declined to 7.4% in 2016 for a group of large organizations with substantial Bermuda-based operations as underwriting and investment returns weakened, according to a new Fitch Ratings report.

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  2. Victim of 1970s serial killer Gacy identified as Minnesota teenRead the original story w/Photo

    Jul 19, 2017 | Reuters

    A 16-year-old boy who went missing more than 40 years ago from his home in Minnesota was identified by Chicago authorities on Wednesday as a victim of the serial killer John Wayne Gacy. James "Jimmie" Byron Haakenson of St. Paul, Minnesota, told his family in the summer of 1976 that he wanted to visit Chicago and then traveled there.

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  3. UPDATE 1-Dry weather threatens global supply of top-quality wheatRead the original story w/Photo

    Jul 17, 2017 | Reuters

    Droughts are shrivelling high quality wheat crops across the globe, sending prices to multi-year highs as bread makers scramble for supplies. High-protein wheat has emerged as the one tight spot in a global grains market swamped with abundant stocks after four years of bumper harvests.

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  4. Fitch Downgrades Allied World's Ratings; Outlook StableRead the original story w/Photo

    Jul 6, 2017 | Reuters

    CHICAGO, July 06 Fitch Ratings has downgraded the ratings for Allied World Assurance Company Holdings, Ltd as follows: --Issuer Default Rating to 'BBB+' from 'A-'; --Senior unsecured notes to 'BBB' from 'BBB+'. The Insurer Financial Strength ratings of the insurance subsidiaries are downgraded to 'A' from 'A+'.

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  5. Fourth of July, a sparkling occasion across the U.S.Read the original story w/Photo

    Jul 5, 2017 | Reuters

    From Washington, D.C., to Seattle, fireworks lit up the skies in celebration of Independence Day. Rough Cut .

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  6. Fitch Publishes Updated Insurance-Linked Securities Rating CriteriaRead the original story w/Photo

    Jun 29, 2017 | Reuters

    Link to Fitch Ratings' Report: Insurance-Linked Securities Rating Criteria here CHICAGO, June 29 Fitch Ratings has published its periodic review and update of its methodology for rating insurance-linked securities. This report replaces the criteria published in October 2016.

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  7. Fitch Affirms New York Life's IFS at 'AAA'; Outlook StableRead the original story w/Photo

    Jun 27, 2017 | Reuters

    CHICAGO, June 27 Fitch Ratings has affirmed New York Life Insurance Company's Insurer Financial Strength rating at 'AAA'. Fitch has also affirmed all other ratings assigned to New York Life and certain of its subsidiaries.

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  8. Fitch: U.S. Cyber Insurance Industry Grows 35%; Loss Rates ImproveRead the original story w/Photo

    Jun 22, 2017 | Reuters

    Link to Fitch Ratings' Report: U.S. Cyber Insurance Market Share and Performance here CHICAGO, June 22 Cyber insurance direct written premium volume for the Property/Casualty industry grew by 35% in 2016 to $1.35 billion, according to a new report from Fitch Ratings. For the second year in 2016, annual P/C insurer statutory financial statements include the Cybersecurity and Identity Theft Insurance Coverage Supplement, which provides helpful insights on cyber underwriting activity and performance for insurers.

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  9. Fitch Rates Brighthouse Holding's Preferred Securities 'BBB-(EXP)'Read the original story w/Photo

    Jun 20, 2017 | Reuters

    CHICAGO, June 20 Fitch Ratings has assigned an expected rating of 'BBB- ' to Brighthouse Holdings, LLC's proposed issuance of approximately $50 million of fixed-rate cumulative perpetual preferred securities. Fitch also assigned a Long-Term Issuer Default rating of 'BBB+' to BHI, reflecting the legal transference of Brighthouse Life Insurance, New England Life Insurance Company and Brighthouse Life Insurance of NY under BHI.

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  10. Fitch Maintains Arch's Debt Ratings on Negative Watch; Affirms IFS RatingsRead the original story w/Photo

    Jun 20, 2017 | Reuters

    CHICAGO, June 20 Fitch Ratings has maintained the following Arch Capital Group Ltd. ratings on Rating Watch Negative: --Long-Term Issuer Default Rating at 'A-'; --Senior unsecured notes at 'BBB+'; --Series C and E preferred securities at 'BBB'. Additionally, Fitch has affirmed the Insurer Financial Strength ratings of ACGL's various subsidiaries at 'A+' /Stable Outlook.

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  11. Fitch Rates Brighthouse Financial's Senior Notes 'BBB(EXP)'Read the original story w/Photo

    Jun 15, 2017 | Reuters

    CHICAGO, June 15 Fitch Ratings has assigned an expected rating of 'BBB ' to Brighthouse Financial, Inc.'s proposed issuance of up to $3 billion new senior unsecured notes. The expected rating reflects standard notching based on Fitch's rating criteria.

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  12. SEC takes more time to mull Chicago Stock Exchange's China dealRead the original story w/Photo

    Jun 7, 2017 | Reuters

    The U.S. Securities and Exchange Commission will take up to another 60 days to decide whether to allow the sale of the Chicago Stock Exchange to a group of investors led by China-based Chongqing Casin Enterprise Group. The SEC, which reviews proposed mergers involving exchanges to ensure they comply with federal regulations and appropriately self-police their brokerage members, said it needed more time to make the decision in a regulatory filing dated June 6. CHX is a niche player in the U.S. equities market, executing less than 0.5 percent of U.S. stock transactions.

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  13. Fitch: US Life Insurer Leverage Unchanged; Canada Ticks UpRead the original story w/Photo

    Jun 2, 2017 | Reuters

    Link to Fitch Ratings' Report: North American Life Insurers' Financial Leverage and Debt-Servicing Capacity here CHICAGO, June 02 The financial leverage ratio for Fitch Ratings' U.S. publicly traded life insurance universe was largely unchanged in 2016 at 26.2%, while publically traded Canadian insurers saw a modest increase in financial leverage to 21% in 2016, according to a new report from Fitch. On an individual company basis 40% of U.S. based life insurers examined by Fitch saw a decline in FLR, with an average decline of 1.5%.

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  14. Fitch Rates Virtu's Secured Second-Lien Notes 'B+'Read the original story

    May 24, 2017 | Reuters

    NEW YORK, May 24 Fitch Ratings has assigned a rating of 'B+' to the new $825 million five-year secured second-lien notes being issued by VFH Parent LLC , a debt-issuing subsidiary of Virtu Financial LLC , in connection with the firm's acquisition of KCG Holdings Inc. . For more information on the transaction, please refer to Fitch's press release, 'Fitch Affirms Virtu at 'BB-' Following KCG Announcement; Outlook Stable' and 'Fitch Rates Virtu Entity and New Secured Term Loan 'BB-'; Outlook Stable', available on Fitch's website at www.fitchratings.com.

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  15. Brazil soybean exports to rise as currency dropsRead the original story w/Photo

    May 18, 2017 | Reuters

    May 18 Brazilian farmers are rushing to sell soybeans after a 7 percent drop in the real currency made their supplies more affordable than exports from the United States. Farmers in Brazil, the world's second-biggest producer of soybeans after the United States, were selling beans on Thursday that had been locked up in storage bins for weeks because the currency's strength had weighed on prices.

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  16. Fitch Affirms Selective Insurance's Ratings; Outlook StableRead the original story w/Photo

    May 16, 2017 | Reuters

    CHICAGO, May 16 Fitch Ratings has affirmed Selective Insurance Group, Inc.'s operating subsidiaries' Insurer Financial Strength ratings at 'A+'. The Rating Outlook is Stable.

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  17. Fitch Withdraws Chubb Insurance Company of Europe's IFS RatingRead the original story w/Photo

    May 15, 2017 | Reuters

    CHICAGO, May 15 Fitch Ratings has withdrawn the 'AA' Insurer Financial Strength rating of Chubb Insurance Company of Europe, SE as the entity no longer exists. Accordingly, Fitch will no longer provide ratings or analytical coverage for CICE.

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  18. Sterling revisits $1.30 after significant speculative shiftRead the original story w/Photo

    May 15, 2017 | Reuters

    Sterling rose towards $1.30 again on Monday, with figures showing that speculators have cut bearish bets on the currency by the most in more than a year and the third most on record. The overwhelmingly negative view on the pound dominating foreign exchange markets since the Brexit referendum in June last year has abated since British prime minister Theresa May called a snap general election a month ago.

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  19. Fitch Rates Intact's Planned CAD125MM Preferred Shares Issuance 'BBB'Read the original story w/Photo

    May 12, 2017 | Reuters

    CHICAGO, May 12 Fitch Ratings has assigned Intact Financial Corporation's CAD125MM Series 5, 5.2% non-cumulative preferred shares a 'BBB' rating. No rating actions took place for Intact's other ratings.

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  20. Fitch Affirms Minnesota Life's IFS Ratings at 'AA'; Stable OutlookRead the original story w/Photo

    May 9, 2017 | Reuters

    CHICAGO, May 09 Fitch Ratings has affirmed the Insurer Financial Strength ratings of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, at 'AA'. The Rating Outlook is Stable.

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