Insurer Philadelphia Cos. Counts Carbon Footprint December 18, 2014 By Don Jergler It’s no secret that many property/casualty insurers are tackling climate change on the back end through more sophisticated catastrophe modeling,...
A.M. Best Affirms Rating of Kiln Syndicate 510 September 26, 2014 A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Lloyd’s...
Tokio Marine Targets Asean for Expansion Abroad: Southeast Asia July 29, 2013 By Tomoko Yamazaki and Komaki Ito Tokio Marine Holdings Inc., Japan’s second-largest non-life insurer, is seeking to expand in Southeast Asia as Japan’s shrinking population erodes...
Ratings Recap: American General, Philadelphia Indemnity, First Hawaii, Minnesota Lawyers Mutual, Workmen’s Auto March 1, 2013 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B+’ (Good) and issuer credit rating (ICR) of “bbb-”...
Too Early to Know Cost of 787 Dreamliner Claims, Says Boeing’s Insurer January 30, 2013 By Myles Neligan Boeing Co. has some insurance in case its aircraft are grounded, but it is far too soon to say whether...
Kiln Appoints Pudemat Property Underwriter in Frankfurt September 4, 2012 Kiln, the international specialist insurance and reinsurance underwriting group, which is a part of Tokio Marine, announced that it has...
Safety National Receives Ratings Upgrades June 15, 2012 Excess workers’ compensation carrier, Safety National Casualty Corp., announced that three major insurance rating agencies have increased the company’s ratings....
Tokio Marine Buyout of Insurer Delphi Allowed to Proceed March 7, 2012 A Delaware court on Tuesday denied a request to block the $2.7 billion sale of insurer Delphi Financial Group to...
Tokio Marine to Buy Delphi Financial for $2.7 Billion December 21, 2011 By Taiga Uranaka Tokio Marine said on Wednesday it will buy U.S. insurer Delphi Financial Group for $2.7 billion, the latest in a...
Best Upgrades First Hawaii Ratings to ‘A’ on Tokio Marine Takeover December 16, 2011 A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating...