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Reliance Group Holdings Inc.'s record of late rivals that of the 9-73 mark compiled by the 1972-73 76ers. But bedraggled Reliance can claim one recent win over a feared opponent: [...]

Reliance Group Holdings Inc., reeling from financial troubles, has placed Three Parkway, its Philadelphia-based Reliance Insurance Co. headquarters, on the market. The move comes as the New York-based parent company, [...]

An Austin, Texas, investment partnership ended 2000 with a $27.8 million portfolio purchase that includes a 22-story office building in downtown Tucson. 'This is our biggest purchase ever,' said Daniel [...]

Markel Corp. in Richmond, Va., said it has reached an agreement in principle to acquire the renewal rights with Reliance Group Holdings in New York to acquire renewals to several [...]

Reliance Group Holdings Inc., New York, said Leucadia National Corp. has exercised its right to end an agreement to buy the financially troubled company. In a statement, Reliance said it [...]

Reliance Group Holdings in New York said it reached an agreement in principle with Combined Insurance Company of America, under which the life-health subsidiary of Chicago-based Aon Corp. will buy [...]

Reliance Group Holdings Inc., New York, has agreed in principle to sell its accident and health book of business to Combined Insurance, a subsidiary of Aon Corp., Chicago. The deal [...]

Travelers Insurance went on a mini-buying spree in late July, agreeing to acquire the renewal rights to books of commercial lines business from Reliance Group Holdings and Frontier Insurance Group. [...]

Reliance Group Holdings is back to facing the future on its own after failing to renegotiate a deal that would have had Leucadia National Corporation acquire the company for roughly [...]

The proposed sale of Reliance Group Holdings to Leucadia National Corp. apparently has hit a snag. The two companies announced that Leucadia in- formed Reliance it was unwilling to proceed [...]

Leucadia National Corp. is pulling out of its planned deal to buy beleaguered New York insurer Reliance Group Holdings, as the insurance company's stock spirals downward. On May 30, Leucadia [...]

Overseas Partners Ltd. has announced that it signed a definitive agreement to acquire Reliance Reinsurance Company, including 50 professionals and staff who formerly managed Reliance Reinsurance Corp., a subsidiary of [...]

PHILADELPHIA -- Reinsurer Overseas Partners Ltd. will buy the reinsurance subsidiary of Reliance Group Holdings Inc. for an undisclosed sum. While the past liabilities of Reliance Reinsurance Co. will remain [...]

Less than a month after Leucadia National Corp. announced an agreement to acquire Reliance Group Holdings Inc. for nearly $300 million, The Hartford Financial Services Group Inc. and Kemper Insurance [...]

The Hartford Financial Services Group said Monday it has bought Reliance Group Holdings Inc.'s financial services and excess and surplus lines. Reliance, of New York, said the deal was negotiated [...]

NEW YORK -- Reliance Group Holdings Inc.'s turnaround plan took a significant hit last week when most of its insurance subsidiaries were downgraded to B++ from A- by A.M. Best [...]

Leucadia National Corp., a Manhattan-based conglomerate with $14.2 billion in assets, is so secretive that there are no pictures of its top executives in its annual report. The executives, of [...]

Leucadia National, which took itself out of the green stamp and soda-bottling businesses in 1999, has put itself more firmly back into the property-casualty insurance business, announcing an agreement to [...]

Leucadia National Corp. has agreed to buy the remnants of Saul P. Steinberg's Reliance Group Holdings for $1.03 billion in stock and assumed debt. The sale is expected to close [...]

The planned purchase of beleaguered New York insurer Reliance Group Holdings is the latest in a string of opportunistic acquisitions by Leucadia National Corp. On Friday New York-based Leucadia agreed [...]

Empire IPO Empire Blue Cross Blue Shield's effort to go public got a boost late last week when a spokesman for Assembly Speaker Sheldon Silver said the fate of the [...]

NEW YORK -- The proposed $318 million purchase of Reliance Group Holdings Inc. by Leucadia National Corp. should ease the immediate financial pressures on the troubled insurer. While the deal [...]

Travelers Property Casualty announced that it had signed a letter of intent to acquire the surety business of Reliance Group Holdings for $580 million. Reliance Surety recorded net written premium [...]

Reliance Group Holdings Inc. will sell its Reliance Surety division to Travelers Property Casualty Corp. for $580 million in cash. Reliance also reported a fourth quarter loss of $157.8 million, [...]

When a stock changes hands, the exchange doesn't usually prompt a press announcement. But an agreement sending nearly 6.6 million shares--a 38.9 percent stake--of Zenith National Insurance Corp. from Reliance [...]

XL Capital Ltd. acquired ECS Inc. forecasting more than $200 million of gross premiums a year. ECS will be shifting business to Greenwich Insurance Co. William Kronenberg III remains owner and president of ECS and becomes an XL America Inc. director. XL America Inc will become ECS's parent. The acquisition increases environmental coverage capacity for Reliance National Insurance Co., HAMILTON, Bermuda-XL Capital Ltd. stands to expand its North American underwriting operations by more than $200 million in annual gross premiums with its acquisition of property/casualty underwriting manager ECS Inc. [...]

Leucadia National's Ian Cumming and Joseph Steinberg considered liquidating in 1998, and distributed $812 million cash to shareholders in 1999. Their diligence has resulted in acquiring Reliance for only $2.55/share versus its book value of $12.

The sale to Aon Corp of insurance broker Frank B. Hall and Company Inc by Reliance Group Holdings Inc will benefit all three companies. Proceeds of the $475 million sale will better Reliance's financial situation. The acquisition will increase the global presence and ability of Aon's brokerage unit, Rollins Burdick Hunter Group Inc. Frank B. Hall operations will benefit from having a parent company focused on retail brokerage. A sale completion date of year-end 1992 is anticipated, creating the fifth-largest insurance broker in the world.