Bermuda News

S&P Downgrades PXRE to ‘BBB-‘

Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Bermuda-based PXRE...

PXRE Posts $446.5 Million Q4 Loss

The Bermuda-based PXRE Group Ltd. reported a net loss before convertible preferred share dividends of $446.5 million for the quarter...

People & Places

Lansing, Mich.-based Accident Fund Insurance Company of America has hired Michael K. Britt as its new executive vice president of...

Michael K. Britt

People Lansing, Mich.-based Accident Fund Insurance Company of America has hired Michael K. Britt as its new executive vice president...

Best Downgrades Rating for PXRE

A.M. Best Co. has downgraded the financial strength rating to B++ (Very Good) from A- (Excellent) and the issuer credit...