August 26, 2010
Fitch Ratings has affirmed the ratings of PartnerRe Ltd. with a negative outlook. The affirmation follows an “updated review of PartnerRe’s financial performance, capital position, liquidity, and investment exposures,” said Fitch. The rationale for the ratings includes the company’s” strong …
August 24, 2010
Southern California is overdue for a major earthquake, according to UC Irvine and Arizona State University researchers who have charted temblors along the San Andreas fault stretching back 700 years. The findings, to be published in the Sept. 1 issue …
August 24, 2010
Many Americans admit to having a knowledge gap when it comes to what their home insurance actually covers, according to a new survey. Nearly one third (31 percent) of Americans don’t know how much their most valuable assets — their …
August 23, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Bermuda-based Catlin Insurance Company Limited (CICL), Catlin Insurance Company (UK) Ltd. Houston-based Catlin Insurance Company, Inc. (CICI) and Delaware-based Catlin …
August 23, 2010
A.M. Best Co. has affirmed Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 2003, which is managed by Catlin Underwriting Agencies Limited (CUAL), a member of the Bermuda-based Catlin Group Limited (CGL). The …
August 20, 2010
Aon Benfield Securities, the securities and investment banking operation of Aon Benfield, announced the launch of the Aon Benfield ILS Indices, which provide a quantitative view of monthly insurance-linked securities (ILS) returns since December 2000. The ILS Indices “track the …
August 19, 2010
Risk Management Solutions has completed work on a model dealing with Australia’s three greatest perils. RMS announced the phase one release of its “Australia Severe Convective Storm Model®, covering damage from hailstorm, water ingress, downburst winds, and tornadoes.” These storms …
August 17, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A., but bothratings have negative outlooks. The ratings reflect MAPFRE RE’s “integral role” within the …
August 16, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Manufacturers Market Detail: Penn Millers Insurance Co.’s manufacturers program offers property, crime, liability, automobile and …
August 16, 2010
Insurance Journal is pleased to publish the 2010 Education and Training Directory. This exclusive resource directory has been designed to help independent agents and brokers find educational and training opportunities to enhance their professional growth. Education and training providers, including …