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Banks and other financial institutions are both consolidating their captive insurance companies and launching new captives in a range of domiciles, a
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A.M. Best Co. has assigned a debt rating of “bb+” to the forthcoming cumulative five-year rate reset preferred shares (Series E) to be issued by Fair
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Although 2009 was relatively mild in terms of natural catastrophes -- hurricane-free in the United States and without a Haiti-style calamity elsewher
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In a pre-emptive strike on a legislative mandate, major health insurers in Florida have agreed to pay for what could be costly care for members diagn
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Insurers need to do a better job attracting new talent by emphasizing how resilient the insurance industry has been, said LoriAnn Lowery-Biggers, who
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A.M. Best Co. has affirmed the financial strength ratings (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subs
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Mitsui Sumitomo Insurance Co. Ltd. [90541] has merged its two Singapore subsidiaries, Mitsui Sumitomo Insurance (Singapore) Pte. Ltd. [90291] and MSI
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Specialist insurer Hiscox Ltd. said it saw average rate declines of between 5% and 7% in January reinsurance renewals, citing a "very light level" of
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