For the second quarter of 2001, Bermuda-based ESG Re Limited reported a consolidated net loss of $5.9 million, or $0.50...
Bermuda News
Standard & Poor’s (S&P) affirmed its “AA” counterparty credit rating FSR on Attorney’s Liability Assurance Society (Bermuda) Ltd. and Attorney’s...
Hamilton, Bermuda-based ACE Limited announced that John A. Krol was appointed to its Board of Directors, effective immediately. Krol is...
The financial strength rating of The PHICO Group, Mechanicsburg, Pa., has been downgraded to “B” (Fair) from “B++” (Very Good)...
The “A” (Excellent) financial strength rating of Steamship Mutual Underwriting Association (Bermuda), Limited has been affirmed by A.M. Best Co....
Liberty Mutual Group is adding to its operations in Spain by purchasing Royal & Sun Alliance’s property and casualty and...
The Alea Group recently received approval from the State of New York Insurance Department to acquire Seven Hills Insurance Company....
MGAs, MGUs, general agents, wholesalers and program managers have access to a new source for risk transfer, merchant banking and...
Zurich-based Allianz Risk Transfer (ART) received an “AA” financial enhancement rating (FER) from S&P. The rating was the first FER...
Tokio Marine & Fire Ins. Co, Japan’s largest p/c insurer, and global giant Swiss Re announced that they “have arranged...