Standard & Poor’s Ratings Services said that its ratings and outlook on Netherlands-based credit insurance group Atradius, and Spanish credit insurer Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. (CyC) are “unaffected by the announcement of a …
Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies has published a report on the “Recent Legislative and Judicial Trends in Continental Europe Affecting the Casualty Insurance Industry.” The report was authored …
The UK’s Aviva Group announced that its Polish operation, Commercial Union Poland, will enter the country’s direct motor insurance market. Aviva noted that the “burgeoning growth in car ownership and the population’s rapidly rising levels of disposable income,” has created …
Seguros ING S.A. de C.V., the Mexican insurance subsidiary of The Netherlands’ ING Group has received official notification from a federal appellate court in Mexico City that its claims dispute with the Mexican company Grupo Fertinal S.A. and certain affiliates …
Italy’s Generali Group has concluded an agreement with PPF Group N.V., an international financial group, headquartered in Amsterdam, Netherlands, which is 95 percent controlled by Petr Kellner, a Czech entrepreneur with a strong track record of success. PPF Group in …
A.M. Best Co. has assigned an “a+” rating to the proposed perpetual step up-loan notes (approximately USD 500 million issued in AUD) to be issued by ELM B.V., a bankruptcy remote repackaging vehicle based in the Netherlands. They are to …
News Currents The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted the Art Loss Register, a small …
The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted the Art Loss Register, a small private company …
A.M. Best Co. has assigned a rating of “a+” to the £500 million ($986.5 million) perpetual step up-loan notes issued by ELM B.V., which it described as a “bankruptcy remote repackaging vehicle based in the Netherlands.” The notes are also …
Standard & Poor’s Ratings Services said that its “ratings and outlook on Netherlands-based credit insurance group Atradius (main operating entities are rated A/Stable/–) and Spain-based credit insurer Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. (A/Stable/–) are …
