A.M. Best Co. affirmed the financial strength rating “A-,”excellent, of Island Heritage Insurance Co. Ltd., based in the Cayman Islands, and removed the rating from under review. The outlook is stable. This rating action follows Best’s review of Island Heritage’s …
Aon Captive Services Group (ACSG), the global captive insurance services arm of Aon Corporation, has made a series of appointments and changes to its management team. Scott Frazier has been named group managing director of Aon Insurance Managers (AIM) Americas, …
S&P lowered its counterparty credit and financial strength ratings on Best Meridian Ins. Co. and its subsidiary, Best Meridian International Ins. Co. to “BB+” from “BBB-” and assigned a stable outlook. At the same time, S&P withdrew the ratings, as …
Dr. David D. Wood Charlotte, N.C.-based insurance investment banking firm LMC Capital LLC has named Dr. David D. Wood to its advisory board. Wood, the Joseph F. Freeman Distinguished Professor of Insurance at Appalachian State University, has received ASU service …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Cayman Islands-based Island Heritage Insurance Company Ltd., has removed the rating from under review and assigned it a stable outlook. “This rating action follows …
Barry Whitton has been appointed senior vice president of Atlanta-based Beecher Carlson Holdings Inc.’s new Global Property Practice. Whitton will develop the Global Property Practice and will focus on providing superior client service and technical expertise for clients. Whitton has …
Hal Conditt has joined Beecher Carlson Holdings Inc. of Atlanta, Ga. as vice president of sales and business development in the company’s Nashville office. Conditt will focus on large and middle market account sales. Conditt has 13 years experience in …
Atlanta-based Beecher Carlson Holdings Inc. has formed a Executive Liability Practice at its New York office anchored by Steven Anderson, Jack Flug, John Kerns, Jeff Lattmann and Hank Whiting, all former Marsh executives. They join another former Marsh colleague, Jane …
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Best Meridian Insurance Co. (BMI) and its subsidiary, Best Meridian International Insurance Co. (collectively referred to as the group) to “BB+” from …
A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from A- (Excellent) of Cayman General Insurance Company Limited (Cayman General) (Cayman Islands). The rating remains under review with negative implications. This rating downgrade reflects the magnitude of …
