October 23, 2012
English cricket is searching for a new shirt sponsor for its national teams after Brit Insurance said it would not renew its contract beyond 2014. The insurance company became England’s sponsor in 2010 on a four-year deal, in which time …
June 19, 2012
A.M. Best Europe – Rating Services Limited has downgraded the financial strength rating (FSR) to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of UK-based Brit Insurance Limited (BIL), and has kept the …
June 19, 2012
The Netherlands-based Brit Group and Canada’s Fairfax Financial Holdings Limited have announced that RiverStone, Fairfax’ runoff subsidiary, has entered into an agreement with Brit to purchase all of the outstanding shares of UK-based Brit Insurance Limited (BIL), which wrote UK …