2010’s Top Insurance Stories in the West December 23, 2010 By Patricia-Anne Tom In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of...
Catlin Raises Estimates of NZ Quake Losses to $45 Million December 22, 2010 Catlin Group Limited announced that, “based on total insured losses from the New Zealand earthquake of US$5.5 billion to US$6...
Best Affirms Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings (Beazley) December 22, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A ‘(Excellent) and issuer credit ratings...
Best Rates UK’s Ecclesiastical ‘A’; Upgrades Ansvar Subsidiary to ‘A’ December 21, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer...
Aon Benfield Releases Annual Cat Report; Insured Losses at $38 Billion December 17, 2010 Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has released its Annual Global Climate and Catastrophe...
Best Affirms Ratings of Lloyd’s Syndicate 2001 and Amlin plc December 17, 2010 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating...
Ratings Roundup: NIPPONKOA (Asia), Aspen (Notes), Asia Capital December 16, 2010 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Hong...
Best Affirms Allstate and Subsidiaries ‘A+’ Ratings; Outlook Stable December 16, 2010 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
California and Feds Sign Earthquake Plan December 16, 2010 California and federal emergency responders have signed a plan designed to respond to a disastrous earthquake in Southern California. A...
PartnerRe Ups New Zealand Quake Loss Estimates to $140-$160 Million December 15, 2010 Bermuda-based PartnerRe Ltd. Has updated its loss estimate relating to the September 3, 2010 New Zealand earthquake. The Company said...