Long-range Somali Piracy Could Affect Insurance Costs, Conditions February 11, 2011 By Jonathan Saul and Myles Nelligan Insuring ships against piracy could become more expensive and subject to tighter conditions after the hijacking this week of oil...
Everest Re Posts $257.8 Mn Q4 Operating Net Income; FY $518 Mn February 11, 2011 The Bermuda-based Everest Re Group reported fourth quarter 2010 after-tax operating income, which excludes net realized capital gains and losses,...
Ratings Roundup: Allstate (bank), Queen City, Sutter, Auto Club (Michigan) February 11, 2011 Standard & Poor’s Ratings Services announced that its ratings on Allstate Corp. (A-/Stable/A-2) and its operating subsidiaries “are not affected...
Ratings Recap: Westaim/Jevco, GCAN, Euro Arab February 11, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb” of...
Best Comments on Ratings of Chartis U.S. Insurance Group February 11, 2011 Best Comments on Ratings of Chartis U.S. Insurance Group A.M. Best Co. has commented that the financial strength rating of...
S&P Sees No Rating Change for AIG from $4.1 Billion Charge February 11, 2011 Standard & Poor’s Ratings Services announced that its ratings on American International Group Inc. (A-/Negative/A-2) and AIG’s insurance subsidiaries “are...
Best Issues Ratings Announcements on Fairfax Subsidiaries February 11, 2011 A.M. Best has issued a series of ratings announcements relating to Canada’s Fairfax Financial Holdings and its subsidiaries. The bulletins...
Bidmead Named CEO of Marsh U.S. Retail Operations February 10, 2011 Marsh Inc. has appointed David Bidmead to the newly-created role of CEO of Marsh U.S. In this capacity, Bidmead will...
Prepareth Not and Doom Your Summer Vacation February 10, 2011 By Richard Brown The Nonadmitted and Reinsurance Reform Act (NRRA), Subtitle B, Part I, Dodd-Frank Wall Street Reform and Consumer Protection Act, will...