Bermuda News

S&P Places Aon on CreditWatch/Negative

Standard & Poor’s Ratings Services has placed its ‘BBB+’ counterparty credit rating on Aon Corp. on CreditWatch with negative implications,...

By Lilla Zuill

The exchange would allow underwriters to form syndicates to reinsure and insure unusual or very large exposures. N.Y.’s Dinallo Sees...

NATIONAL COVERAGE

N2 | Washington Report House Subcommittee Moves Key Federal Bills N4 | Insurers Bitten by $350 Million in Dog Claims...

Business Moves

Allied World, Darwin Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers...

People

Ruby Chan has joined the Needham, Mass.-based Provider Insurance Co. as director of Internet marketing. Chan has worked for Hewlett...

NATIONAL COVERAGE

S&P Says Nationals Safe, While Midwest-Focused Insurers at Risk N2 | Washington Report House Subcommittee Moves Key Federal Insurance Regulation...

Business Moves

Allied World, Darwin Professional Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin...