The Lloyd’s legacy business has been placed up for sale, along with other units....
Moody’s downgrades Nationwide’s IFS ratings to A2
Moody’s Investor Services has downgraded the insurance financial strength (IFS) ratings of Nationwide and its P&C affiliates from A1 to A2....
Moody’s Investor Services has downgraded the insurance financial strength (IFS) ratings of Nationwide and its P&C affiliates from A1 to A2....
Article / 5 months ago
Velocity launches E&S carrier after receiving A- rating from AM Best
E&S specialty MGA Velocity is launching an E&S carrier after receiving an AM Best rating of A- (Excellent)....
E&S specialty MGA Velocity is launching an E&S carrier after receiving an AM Best rating of A- (Excellent)....
Article / 10 months ago
AM Best assigns A financial strength rating to RenRe’s Fontana Re
AM Best has assigned a financial strength rating (FSR) of A (Excellent) and a long-term issuer credit rating (long-term ICR) of “a+” (Excellent) to Fontana...
AM Best has assigned a financial strength rating (FSR) of A (Excellent) and a long-term issuer credit rating (long-term ICR) of “a+” (Excellent) to Fontana...
Article / 1 year ago
Growing insurance burden on Florida state coincides with reinsurance step-back
With two carriers having lost their Demotech ratings this month, the tide of risk heading back...
With two carriers having lost their Demotech ratings this month, the tide of risk heading back...
Article / 2 years ago
Hendrick's Vantage heads for reinsurer-only launch as it secures A-rating
Greg Hendrick-led start-up Vantage is to begin operations as a reinsurer, AM Best has said, as it assigned the carrier an A- financial strength...
Greg Hendrick-led start-up Vantage is to begin operations as a reinsurer, AM Best has said, as it assigned the carrier an A- financial strength...
Article / 3 years ago
S&P removes Swiss Re mortality bond from credit watch as UK deaths stabilise
S&P Global Ratings has affirmed its BB rating on Swiss Re’s Vita Capital VI 2015-IA cat bond and removed the deal from credit watch as the threat Covid-19 poses to the bond has abated...
S&P Global Ratings has affirmed its BB rating on Swiss Re’s Vita Capital VI 2015-IA cat bond and removed the deal from credit watch as the threat Covid-19 poses to the bond has abated...
Article / 4 years ago
AM Best maintains review status on Weston after Anchor deal
AM Best highlighted its view that Florida-based Weston Insurance Company's pending acquisition of Anchor Specialty would increase underwriting...
AM Best highlighted its view that Florida-based Weston Insurance Company's pending acquisition of Anchor Specialty would increase underwriting...
Article / 4 years ago
Florida market sceptical on major ratings crackdown but flux set to continue
Florida market observers are expecting some level of flux within the primary market after Demotech signalled a tougher line, but there is scepticism that an extensive number of carriers...
Florida market observers are expecting some level of flux within the primary market after Demotech signalled a tougher line, but there is scepticism that an extensive number of carriers...
Article / 4 years ago
Credit Suisse rated vehicles need to lift performance: AM Best
Two rated vehicles run by the Credit Suisse ILS team must improve their underwriting results within the medium term to avoid a negative rating action, according to AM Best...
Two rated vehicles run by the Credit Suisse ILS team must improve their underwriting results within the medium term to avoid a negative rating action, according to AM Best...
Article / 4 years ago
LGT transacting 70% of reinsurance book through Lumen Re
LGT ILS Partners is now transacting 70 percent of its reinsurance book on a rated basis through its A rated Lumen Re platform, partner and portfolio manager Michael Stahel has confirmed...
LGT ILS Partners is now transacting 70 percent of its reinsurance book on a rated basis through its A rated Lumen Re platform, partner and portfolio manager Michael Stahel has confirmed...
Article / 4 years ago
