A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Re Group and its members. The ratings apply to General Reinsurance Corporation (Delaware) and its core P/C and …
Farmington, Connecticut-based Darwin Professional Underwriters, Inc. reports it will acquire renewal rights to Great American’ Insurance Co.’s roughly $20 million of small, standard market lawyers professional liability insurance business and related assets. Darwin currently has more than $20 million of …
Standard & Poor’s Ratings Services has revised its outlook on Penn Treaty Network America Insurance Co. (PTNA) to negative from stable; however, the rating agency also said that it affirmed its ‘B-‘ counterparty credit and financial strength ratings on the …
An injured star in the 2008 Olympics may cost a country a chance at the gold, but the injury may cost the athlete’s pro team millions, according to the Insurance Information Network of California. Consequently, some teams are using insurance …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A. with a stable outlook. “The ratings reflect MAPFRE RE’s integral role within …
Willumstad is the wrong person for the job and would be even if these were good times. The world’s largest insurance company, the one that always announces spectacular earnings, the company with the forceful views on how the market should …
For regional brokers, a saving grace has been diversification. Large regional insurance brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and product-line diversification will offer some protection from the insurance slump …
Willumstad is the wrong person for the job and would be even if these were good times. The world’s largest insurance company, the one that always announces spectacular earnings, the company with the forceful views on how the market should …
Large, regional brokers won’t be immune from the cyclical downturn hitting many sectors of the insurance industry. Although geographic and product-line diversification will offer some protection from the insurance slump and a few brokers report success in negotiating higher commission …
Willumstad is the wrong person for the job and would be even if these were good times. The world’s largest insurance company, the one that always announces spectacular earnings, the company with the forceful views on how the market should …
