Marsh announced that it has established a captive insurance management and advisory facility in Copenhagen to serve the Nordic region. Lars Andersen has joined Marsh to lead its Captive Solutions Practice in the region, focusing on Denmark, Norway and Finland. …
Standard & Poor’s Ratings Services has assigned its ‘B’ senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established shelf program, Nelson Re Ltd., sponsored by Glacier Reinsurance AG (Glacier …
Standard & Poor’s Ratings Services has assigned its “B” senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established shelf program, Nelson Re Ltd., sponsored by Glacier Reinsurance AG (Glacier …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Luxembourg-based Casiopea Re S.A., the reinsurance captive of Spain’s Telefonica S.A., with a stable outlook. The ratings reflect Casiopea Re’s …
EU Reinsurance Directive, Solvency II, killer risks and catastrophes all up for discussion Eighteen years ago an Irish insurance conference would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most …
Eighteen years ago an Irish insurance conference would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the Dublin International …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Luxembourg-based marine insurer British Marine Luxembourg S.A. (BM) to “A+” from ‘A’. S&P also removed the ratings from CreditWatch, where they had been …
18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the Dublin …
Standard & Poor’s Ratings Services said that its ratings and outlooks on the European subsidiaries of Zurich-based global reinsurer Swiss Reinsurance Co. -rated “AA-/Stable/A-1+” – remain unchanged following the announcement by the group with regard to the future reorganization of …
Swiss Re announced plans to alter its current corporate structure within the European Union by forming three legal entities, based in Luxembourg. They “will serve as risk carriers for most of its European reinsurance and insurance business, operating via branches …
