A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ratings reflect Singapore Re’s “superior risk-adjusted capitalization level, increasing presence in …
Utah officials are warning the public of an international mail fraud scheme involving a bogus letter said to be from Nationwide Insurance. The scam has spread to 10 states, according to the Utah Department of Insurance. “We have not as …
Guy Carpenter & Co., LLC, a global risk and reinsurance specialist, has agreed to buy London-based reinsurance broker Rattner Mackenzie Limited (RML) from HCC Insurance Holdings, Inc. HCC is a specialty insurance group headquartered in Houston, Texas, with offices in …
The bond between the United States and the U.K. has been the subject of a significant amount of media comment in recent weeks on both sides of the Atlantic. Our long held “special” relationship seems to have been strained of …
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s” – London’s financial and …
Ironshore’s CEO on Why He Left AIG and How He’s Building His Young Company In December 2008, Kevin Kelley left Lexington Insurance Co., the largest excess and surplus lines insurance company, after more than 30 years during which he helped …
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s”— London’s financial and insurance …
Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team. Thomas Garland was named chief operating officer. Garland joined Specialty Risk in 2004 as vice president of Marketing and Underwriting responsible for the coordination of marketing …
A report, published on Swiss Re’s web site from the Economics of Climate Adaptation Working Group, indicates that climate risks could cost nations up to 19 percent of their GDP by 2030, with developing countries most vulnerable. The full report, …
The Ohio Department of Insurance and Nationwide Insurance have issued a warning regarding an international mail fraud scheme that uses the Nationwide name. Consumers in as many as 10 states have reportedly received counterfeit checks that appeared to originate from …
