July 4, 2006
Steve Way Has Built Giant HCC Holdings Via Acquisitions and He’s Not Done Yet Managing general agents and program administrators have an admirer with deep pockets in Steven Way. Getting some of that money might be one reason for an …
May 10, 2006
A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating (ICR) of “bbb” of The Egyptian Reinsurance Company with a stable outlook. “The ratings reflect Egypt Re’s solid risk-adjusted …
January 12, 2006
A doctor has pleaded not guilty to charges of bilking insurance companies by arranging unneeded surgeries with the cooperation of patients. Dr. Mamdouh Bahna, 58, who entered his plea in federal court, was taken into custody Jan. 1 at Los …
December 16, 2005
A.M. Best Co. announced that it has downgraded the financial strength rating (FSR) to” B++” (Very Good) from “A-” (Excellent) and the issuer credit rating (ICR) to “bbb” from “a-” of Egypt’s Al Chark Insurance Company. The outlook on both …
October 28, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating of “bbb” of Egypt’s Al Mohandes Insurance Company with a stable outlook. “The ratings reflect Mohandes’ very good risk-adjusted …
October 17, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Egyptian insurer Misr Insurance with a stable out look. “The ratings reflect Misr’s good overall risk-adjusted capitalisation, …
September 12, 2005
Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies has released its annual, comprehensive study of the property catastrophe reinsurance market, The World Catastrophe Reinsurance Market: 2005. The report, …
July 4, 2005
Steve Way Has Built Giant HCC Holdings Via Acquisitions and He’s Not Done Yet Managing general agents and program administrators have an admirer with deep pockets in Steven Way. Getting some of that money might be one reason for an …
April 27, 2005
A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and the issuer credit rating of “bbb” of The Egyptian Reinsurance Company (Egypt Re) (Egypt). The outlook for both ratings is stable. The ratings reflect Egypt Re’s …
January 31, 2005
A.M. Best Co. has affirmed the financial strength rating of “A”- (Excellent) of Egypt’s Misr Insurance Company with a stable outlook. Best said it “believes Misr’s level of risk-adjusted capitalisation will deteriorate slightly at June year-end 2004 as a result …