Monthly Archives: November 2001

Trenwick Ratings Lowered

S&P lowered its counterparty credit rating and FSR on Trenwick America Reinsurance Corp., Trenwick International Ltd. (Trenwick International), Chartwell Ins....

Zenith Assigned ‘A-‘

Fitch assigned an “A-” insurer FSR to Zenith National Insurance Corp.’s (Zenith National) three insurance subsidiaries, Zenith Insurance Co. (Zenith...

General Casualty Gets ‘A++’

General Casualty Insurance Companies earned an “A++” rating from A.M. Best for the ninth consecutive year. In affirming General Casualty’s...

CNA Lowered, on Negative Watch

S&P lowered its ratings on CNA Financial Corp., the members of the Continental Casualty Intercompany Pool, Continental Assurance Co., Valley...

Swiss Re Affirmed

A.M. Best Co. affirmed the “A++” FSR of Swiss Reinsurance Co., Zurich. The rating is based on Swiss Re’s superior...

CGNU Group Members Affirmed

Standard & Poor’s (S&P) affirmed its “AA” counterparty credit and insurer financial strength rating (FSR) on the core operating companies...

A LIMIT TO INVESTORS’ APPETITE

Standard & Poor’s said that investors’ appetite for insurance debt is likely to be limited to high-quality issuers over the...

CALIF. EMPLOYEE DEATHS DECLINE

The downward trend continued last year: the number of California workers killed on the job was the lowest since 1992...

NAIC ADOPTS RE MODEL ACT

The National Association of Insurance Commissioners recently adopted the Special Purpose Reinsurance Vehicle (SPRV) Model Act. The act will provide...

CALIF. IMPLEMENTS FRAUD SYSTEM

Commissioner Low announced the implementation of the Fraud Integrated Database System (FIDB), aimed at streamlining the investigative process and improving...