Insurers Worry 2012 Will Top 2011 for Record Weather Disasters December 28, 2011 From floods that crippled countries, to mega cyclones, huge blizzards, killer tornadoes to famine-inducing droughts, 2011 has been another record-breaker...
General Re Reported Interested in So. Korea’s Tong Yang Life December 28, 2011 General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc, is interested in buying South Korea’s Tong Yang Life Insurance...
Ratings Recap: Evergreen Re, Asian Re, Toa Re, Meritz December 27, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Bermuda-based...
Best Affirms Ratings of Sompo Japan and U.S. Subs; Outlook Stable December 27, 2011 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-”...
Best Affirms Wind River Re, U.S. Subs Ratings; Outlook Stable December 27, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of...
Best Affirms NIPPONKOA’s ‘A’ Ratings; Outlook Stable December 27, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Japan’s...
Financial, Legal Woes Dogged Breast Implant Company December 27, 2011 By Alexandria Sage Signs of legal problems and financial losses surrounding the French breast implant manufacturer at the heart of a scandal affecting...
Everest Re Estimates Thai Flood Losses at $100 to $125 Million December 27, 2011 The Bermuda-based Everest Re Group announced that it expects to incur net losses of between $100 million and $125 million,...
Willis Report Highlights P&I Market’s Record Financial Results in 2011 December 22, 2011 The Protection & Indemnity (P&I) market “delivered a blockbuster financial performance last year,” according to a report from Willis. However,...
Ratings: Transsib Re, Tokio Marine Pacific, MAPFRE Panama, Union Nationale, Sovereign (NZ), Labuan Re, Tugu, ARIG December 22, 2011 A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bb+” from “bb” and affirmed the...