Standard & Poor’s Ratings Services has revised its outlook to stable from negative on Netherlands-based commercial lines insurer Fortis Corporate Insurance N.V. (FCI), and affirmed its ‘A-‘ long-term counterparty credit and insurer financial strength ratings on the company. S&P said …
Wells Fargo Insurance Services has named Joseph Norick, based in Sherman Oaks, Calif., vice president and practice leader for Wells Fargo Special Risks’ National Equine Group. He is responsible for operations, carrier relationships, sales, and placement of all equine products …
Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts stretching over eight months, has been the world’s top story. It’s also a story in London, where rumors, announcements, speculation and …
Peter den Dekker, corporate insurance risk manager at Dutch multi-national Stork, has been elected President of the Federation of European Risk Management Associations (FERMA). He takes over from Marie-Gemma Dequae, whose mandate came to an end after four years, following …
Guy Carpenter & Company has published the latest installment in its series of updates on key legislative and legal developments impacting insurers and reinsurers in Continental Europe. The briefing addresses the implications of the ongoing global financial crisis, highlighting the …
Standard & Poor’s Rating Services said today that it affirmed its ‘A-‘ counterparty credit and financial strength ratings on Netherlands-based commercial lines insurer Fortis Corporate Insurance N.V. (FCI), but has maintained its negative outlook. S&P’s action follows the announcement that …
The UK’s Amlin plc announced that it has entered into an agreement to acquire Fortis Corporate Insurance N.V. (FCI), an important provider of corporate P/C insurance in the Netherlands and Belgium, from the Dutch government for €350 million ($497 million). …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating (ICR) to “a-” from “bbb+” of New York-based Hermitage Insurance Company, and has revised its outlook on the ratings to …
With its acquisition in early 2009 of the international business of GAB Robins (excluding its UK operations) and the U.S. forensic engineering firm, EFI Global, Cunningham Lindsey became the second largest property casualty insurance claims adjusting and risk management firm …
A new study has found that 67 percent of the fatalities in New Orleans after Hurricane Katrina hit in August 2005 resulted from direct impacts of the flooding that occurred when the levees collapsed, according to a report on Newswise.com. …
