Coface [Compagnie française d’assurance pour le commerce extérieur], a major guarantor of trade credit, announced that it has reached a cooperation agreement with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), to expand export risk coverage …
A.M. Best Co. announced that it has upgraded the ratings of a nember of companies -l isted below – following a review of the application of its country risk methodology within the rating process. Best explained that as part of …
A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and an issuer credit rating of “bbb-” to Russian Reinsurance Company with a stable outlook. “The ratings reflect Russian Re’ s good risk-adjusted capitalization, excellent and consistent operating …
A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of China Insurance (NZ) Company Limited of New Zealand with a stable outlook. The ratings reflect China Insurance’s improved capitalization, …
AIG WorldSource ®, a division of the property and casualty insurance subsidiaries of the American International Group, announced that the medical network established by the AIG Companies ® in the Middle East region for injuries arising under Defense Base Act …
Standard & Poor’s Ratings Services has placed its ‘BBB’ counterparty credit and financial strength ratings on Northbridge Financial Corp.’s operating companies–Commonwealth Insurance Co., Federated Insurance Co. of Canada, Lombard General Insurance Co. of Canada, and Markel Insurance Co. of Canada …
A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating (ICR) of “bbb-” of Turkey’s Milli Reasurans Turk Anonim Sirketi (Milli Re) with a positive outlook, which Best said “reflects Milli Re’s maintenance …
Dublin-based Research and Markets announced the addition of “Opportunities in Middle East Insurance Market” to their offering. The report is designed to “help clients to analyze the leading-edge opportunities critical to the success of the insurance industry in the region,” …
Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL) and removed them from CreditWatch with negative implications, where they were placed on April 23, 2007. The outlook is negative. …
Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office in Dubai in cooperation with its local partner, Alliance Insurance. Euler Hermes new facility will offer “an extensive range of …
