A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and assigned issuer credit...
Bermuda News
Catlin Group Limited (CGL) the Bermuda-based international specialty P/C insurer and reinsurer, announced that Catlin UK has acquired the renewal...
While Standard & Poor’s Ratings Services is positive in its outlook for PARIS RE (See related article), it is less...
Both A.M. Best Co. and Standard & Poor’s Ratings Services have taken a positive outlook for their ratings on PARIS...
Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd, contending it was a willing...
Bermuda-based PartnerRe announced that it has entered into definitive agreements to acquire PARIS RE, a French-listed, Swiss-based diversified reinsurer. PartnerRe...
Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts, stretching...
New York-based Tower Group Inc. has agreed to purchase Specialty Underwriters’ Alliance Inc., headquartered in Chicago, in a transaction valued...
A Golden Moment for the Insurance Industry In a time of financial turmoil, we in the insurance industry have an...
Bermuda-based American Safety Insurance Holdings Ltd. reported that its American Safety Casualty Insurance Company (ASCIC) subsidiary has acquired, for cash,...