A.M. Best Co. has affirmed the issuer credit rating (ICR) of “a-” and the existing debt ratings of the UK branch of Old Mutual plc (OM). Best also affirmed the financial strength ratings (FSR) and ICRs of OM’s key European …
U.S. workers’ compensation payments for medical care and cash benefits for workers disabled by workplace injuries or diseases declined in 2005, according to a study by the National Academy of Social Insurance (NASI). The drop in payments in 2005, the …
U.S. workers’ compensation payments for medical care and cash benefits for workers disabled by workplace injuries or diseases declined in 2005, according to a study by the National Academy of Social Insurance (NASI). The drop in payments in 2005, the …
A poll, conducted by Fitch Ratings, indicates that the banks and insurance companies it rates in the Latin America Region as to the extent they may hold direct or indirect exposure to U.S. subprime backed structured securities, found that “exposure …
U.S. workers’ compensation payments for medical care and cash benefits for workers disabled by workplace injuries or diseases declined in 2005, according to a study by the National Academy of Social Insurance (NASI). The drop in payments in 2005 (the …
The Texas Department of Insurance and Commissioner of Workers’ Compensation Albert Betts are hosting the 59th Annual Southern Association of Workers’ Compensation Administrators (SAWCA) Convention on July 14-18, 2007, in Austin. Insurance carriers, health care providers, employers and employee organizations …
A.M. Best Co. has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a+” to Sweden’s Skandia Insurance Company Limited and Skandia Life Assurance Company Limited, which is based in the UK. The outlook for …
QBE the Americas, the North American subsidiary of Australia’s QBE Group, announced that it has acquired 100 percent of Cumbre Seguros, a specialized insurer in Mexico from a group of private investors. The transaction, which is subject to regulatory approval, …
The ACE Group of Companies has announced some managerial changes in its Asia Pacific and Latin American operations. Marcos Gunn has been named Sr. VP and Head of Accident & Health for ACE Asia Pacific. He will be responsible for …
Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that its dedicated facultative reinsurance unit, GCFac, has launched STEALTH (Sabotage and Terrorism Electronic Application Linked to Hiscox). The bulletin described STEALTH …
