A.M. Best Co. has revised the outlook to positive from stable for New Zealand-based China Insurance (NZ) Company Limited (CINZ) and has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-“. Best said the “rating …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Amlin Bermuda Limited (ABL) with a stable outlook. Best also affirmed its Syndicate Rating of ‘A+’ (Superior) and …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer Hiscox Insurance Co. Ltd. (HISCO) to ‘A’ from ‘A-‘ with a stable outlook. HISCO is a core operating entity of …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and issuer credit ratings (ICR) to “aa+” from “aa” of Ancon Insurance and Petroleum Casualty Group and its member companies, Ancon Insurance Company, Inc. …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of selected subsidiaries of the Bermuda-based White Mountains Insurance Group, Ltd., including the FSRs of ‘A’ (Excellent) and the ICRs of “a” of the U.S. …
Employee retention programs drive better bottom line performance in growing and uncertain economies. In fact, engaging and rewarding employees with financial or non-financial awards are retention actions that can no longer be overlooked or dismissed as trivial. Today there is …
$21 Million Settlement amount to be paid by one of the Big Dig’s largest contractors, Modern Continental Construction Inc., related to a fatal tunnel ceiling collapse as well as the cost of fixing leaks in the massive highway project, according …
Employee retention programs drive better bottom line performance in growing and uncertain economies. In fact, engaging and rewarding employees with financial or non-financial awards are retention actions that can no longer be overlooked or dismissed as trivial. Today there is …
But Finding Financing Has Gotten Tougher When it comes to acquiring an agency or selling, timing is everything. Hard market or soft market, good business environment or bad, the decision on whether to merge, acquire or sell is unique to …
Life insurance companies, nervous over massive investment losses that could ultimately threaten their viability, are hoping they are next in line to get a piece of the U.S. financial bailout. They argue federal funds could stabilize their trillions in investments …
