March 6, 2006
The nation’s insurance regulators have moved to strengthen cooperation with their counterparts in Russia by signing a memorandum calling for improved information exchange. During its spring meeitng in Orlando, Fla., the National Association of Insurance Commissioners President Alessandro Iuppa formally …
March 2, 2006
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Russia-based insurer Neftepolis Insurance Co. LLC to “B” from “B-“, and its Russia national scale rating on Neftepolis to “ruA” …
February 27, 2006
At a time when they face pressure to bring more uniformity to their own domestic regulatory operations, the nation’s state regulators are also increasingly active in efforts to harmonize the rules governing international insurance as well. The international efforts of …
January 24, 2006
Standard & Poor’s Ratings Services announced that it has assigned its preliminary “BBB+” senior debt, “BBB” subordinated debt, “BBB-” junior subordinated debt, and “BBB-” preferred stock ratings to ACE Ltd.’s recently filed universal shelf debt registration. “The new shelf has …
January 5, 2006
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
November 30, 2005
Standard & Poor’s Ratings Services announced that it has revised its outlook on ACE Ltd. and its active operating insurance companies to stable from negative. S&P also affirmed its “A+” counterparty credit and financial strength ratings on ACE’s active operating …
November 11, 2005
Paris: Somber, gray leaden skies cover Paris, as dignitaries gather to commemorate the 87th anniversary of the end of what the French call La Grande Guerre. The weather matches France’s somber mood at the moment, following the recent riots. Nevertheless …
October 27, 2005
Standard & Poor’s Ratings Services announced that it has assigned its “B+” long-term counterparty credit and insurer financial strength ratings to Russia-based reinsurer RESO-Re. S&P also assigned its “ruA+” Russia national scale rating to the company. The outlook is positive. …
October 17, 2005
Nancy Gates The Independent Insurance Agents of San Antonio announced it recently installed Gregory A. Stevens as the 84th president of the association. Lori Williams Stevens is president of Texas Insurance Division of Compass Insurance Agency Inc., responsible for operation …
October 17, 2005
The Independent Insurance Agents of San Antonio announced it recently installed Gregory A. Stevens as the 84th president of the association. Stevens is president of Texas Insurance Division of Compass Insurance Agency Inc., responsible for operation of the San Antonio, …