Risk management firm Cobbs Allen has opened an office in New Orleans. The company is partnering with First Insurance in opening the office under the Cobbs Allen name. This will be the fourth office for the firm specializing in commercial …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb” of Jordan’s First Insurance Company (FIC), both with stable outlooks. The ratings reflect FIC’s “strong level of …
A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating “a-” of Hong Kong-based Taiping Reinsurance Company Limited (TPRe). Best explained that the revision of its …
Tokio Marine Holdings, Inc. is to become the sole shareholder of the largest Hawaii-based property and casualty insurance carrier. The Japanese insurer announced in Tokyo this week it has reached an agreement to acquire the remaining 50 percent ownership interest …
