Barbados-based Imagine Reinsurance Holdings Ltd., a subsidiary of the Imagine Group, announced that another subsidiary, Imagine Insurance Co. Ltd., has acquired Enterprise Reinsurance Holdings Corp. and its subsidiaries for an undisclosed price. Imagine Re, which was established last October, is …
Kingsway Financial Services Inc. will begin writing nonstandard auto insurance in California through its wholly owned subsidiary, Lincoln General Insurance Company. The company received notification of approval of its California license and is now able to expand the relationship it …
Kingsway Financial Services Inc. announced that it would commence writing non-standard automobile insurance in California, through its wholly owned subsidiary, Lincoln General Insurance Company. The company received notification of approval of its California license and is now able to expand …
A.M. Best’s newly published Captive Directory reports that 245 new captive insurance companies were formed in 2000, while 170 were liquidated, a net gain of 31.6 percent over 1999. Best predicted further growth in 2001 to result from a continued …
Insurance specialist A.M. Best’s newly published Captive Directory reports that there were 245 new captive insurance companies formed last year, while 170 were liquidated, a net gain of 31.6 percent over 1999. Best predicted further growth in 2001, “due to …
The counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL) was raised from ‘A+’ to ‘AA-‘ by S&P. Also raised were the commercial paper and note issuance facility ratings on OIL (from ‘A1’ to ‘A1+’). At the same …
