Bermuda News

HCC Estimates Katrina Loss at $160M

HCC Insurance Holdings Inc. announced that anticipated claims from Hurricane Katrina are expected to result in the company’s largest gross...

Alea Loses S&P ‘A’ Rating

Standard & Poor’s Ratings Services announced that it has lowered its long-term counterparty credit and insurer financial strength ratings on...

RenRe Comments on Katrina Impact

RenaissanceRe Holdings Ltd. has issued an initial assessment of the impact of Hurricane Katrina on its financial results. Bermuda’s premier...

Best Places Rosemont Under Review

A.M. Best Co. announced that it has placed the financial strength ratings (FSR) of “A-” (Excellent) and the issuer credit...

PartnerRe Updates Q3 Cat Impact

Bermuda-based PartnerRe Ltd. has issued a bulletin providing an update on the catastrophic events of the third quarter, and the...