Colemont Insurance Brokers announced the promotion of Bill Chadwick to vice president of Colemont – Texas. Chadwick began his insurance career in 1994 working with Lloyd Thompson Ltd. in London, England, as a broker in their energy division. He enhanced …
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 raised its long-term counterparty credit and insurer financial strength ratings on Oslo-based marine insurer Assuranceforeningen SKULD (Gjensidig) (Skuld or the club) to “A-” from “BBB+” and assigned the ratings a stable outlook. “The upgrade …
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 …
The leaders of more than 20 of the world’s largest companies – many from the insurance industry* – have signed a “Declaration on Climate Change by the Financial Services Sector.” The document, published by the United Nations Environment Program (UNEP) …
Standard & Poor’s Ratings Services has assigned its “A+” long-term counterparty credit and insurer financial strength ratings to Bermuda-based marine insurer Gard P&I (Bermuda) Ltd. with a stable outlook. “The ratings reflect the company’s core status to the Gard group, …
Stockholm-based Skandia, a subsidiary of Old Mutual plc, announced the appointment of Bertil Hult as CEO of its Nordic division, effective in the fall. He joins the financial services company from Vinge, a Swedish law firm, where he is currently …
Standard & Poor’s Ratings Services has placed its “BBB” long-term counterparty credit and insurer financial strength ratings on Oslo-based non-life insurer Bluewater Insurance ASA on CreditWatch with negative implications. “The CreditWatch placement follows the announcement by Bluewater that it has …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Norway-based marine insurer Assuranceforeningen Gard – gjensidig – (Gard P&I) and its Bermuda-based subsidiary Gard Marine & Energy Ltd. (Gard M&E) to “A+” …
