South Africa News

Hiscox Forming Bermuda Insurer

Hiscox, Plc, one of the U.K.’s leading Lloyd’s and specialty insurers, announced that it’s in the process of forming a...

Willis Group to Add S. African Broker

Willis Group Holdings has agreed to acquire the business and assets of Reinsurance Consultants and Intermediaries Ltd. (RCI), the reinsurance...

S&P Affirms Africa Re ‘BBB+’ Rating

Standard & Poor’s Ratings Services announced that it has affirmed its long-term “BBB+” counterparty credit and insurer financial strength ratings...

Best Affirms Old Mutual Ratings

A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and has assigned an issuer...