Sidecars, cat bonds and other securitization vehicles have been something of an economic windfall for the Cayman Islands. A report...
Cayman Islands News
A bulletin from the Bermuda Monetary Authority (BMA) confirmed that the island had “recorded a three-year high for (re)insurance company...
Munich Re announced that it has transferred earthquake risks in California to the capital markets for subsidiaries of the Zurich...
Aon Corp., based in Chicago, announced that its investment banking group, Aon Capital Markets, completed the private placement of $190...
A.M. Best Co. has assigned a debt rating of “bbb” to the $350 million of non-cumulative perpetual preferred securities (issuer...
The Hartford Financial Services Group has purchased $247.5 million in multi-year, collateralized reinsurance from Foundation Re II Ltd., a special...
A.M. Best Co. has upgraded the financial strength rating to “A+” (Superior) from “A” (Excellent) and the issuer credit rating...
Ohio Attorney General Jim Petro late yesterday filed a motion in federal court in New York requesting the State Teachers...
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during August 2006. The...
Continuing in its acquisitions mode, insurance agency Brown & Brown Inc., through its subsidiaries Hull & Co. Inc., and Program...