A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Sweden’s Solid Forsakringsaktiebolag, both with stable outlooks. Best said, its “ratings of Solid …
The Texas-based ABS Group announced that it has appointed Paul Little as President of EQECAT, its catastrophe modeling company. He replaces Bill Keogh who has resigned from the company to pursue another opportunity in the insurance sector. Little joined the …
“Online aggregators have revolutionized the distribution of personal lines insurance in the UK,” concludes a study from Finaccord, a market research, publishing and consulting company specializing in financial services. However, the study also found that they “have not repeated this …
A.M. Best Europe – Rating Services Ltd. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Zavarovalnica Triglav d.d. (Triglav), the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re d.d. …
Zurich Insurance Group announced the appointment of James Quin, (44, British citizen), to the position of Head of Investor Relations and Rating Agency Management, effective July 1, 2013, with a transition period starting June 3. He succeeds Debra Broek, who …
Leaders of the world’s major emerging economies are likely to endorse plans at a summit next week to create a joint foreign exchange reserves pool and an infrastructure bank, senior emerging market officials said on Thursday. Leaders from Brazil, Russia, …
Cyprus’ finance minister left Moscow empty-handed on Friday after Russia turned down appeals for aid, leaving the island to strike a bailout deal with the European Union before Tuesday or face the collapse of its financial system. The rebuff left …
Austrian company Red Bull’s unusual decision to go public on a blackmailer’s threat to contaminate its energy drinks with feces could cost the brand far less long-term than any immediate hit to sales. Known for investing heavily in marketing its …
RSA announced that it has concluded a bilateral agreement with major UK rural insurer NFU Mutual to help control accident claims and remove unnecessary costs. David Pitt, RSA Claims Director, UK & Western Europe, commented: “We are pleased to have …
UK-based Miller Insurance Services announced that Kevin Gill, a non-marine retrocession production and placement specialist, has joined the broker’s reinsurance team in London. James Geffen, Head of Reinsurance and Board Member at Miller, noted that Gill “is respected within the …
