-
February 2012
The Bermudian reinsurer has seen its financial strength and issuer credit ratings both lifted.
-
January 2012
The agency has downgraded FFVA’s ratings following significant underwriting losses in the first nine months of 2011.
-
The rating agency attributed the downgrades to uncertainties at Old Republic.
-
The rating agency commends the French insurance industry for improved underwriting discipline, and suggested combined ratios could drop while prices will continue to increase.
-
While non-life insurers' rating outlooks were stable in 2011, the outlook on long-term foreign- and local-currency IDRs was revised to negative.
-
ArgoGlobal to target European D&O business.
-
The revised outlook from stable to negative is a result of the company’s recent earnings volatility and increased exposure to higher-volatility assets.
-
The ratings agency has placed PartnerRe’s ratings under negative review following the company’s loss estimates from the Thai floods,and Q4 results outlook.
-
AM Best has kept QBE's 'A' financial strength rating, after the Australian insurer revised its guidance for post-tax profit for 2011.
-
Rating agency says excess capital and good risk management give global reinsurers a cushion against 2011’s high catastrophe losses.
-
The agency has upgraded the FSR and ICR of Arch Reinsurance and its affiliates to A+ (Superior) and “aa-”, respectively.
-
The rating actions reflect uncertainty over whether FSSI’s stock purchase agreement with Torus National Insurance will close as per expectations.
-
The agency withdrew the ratings of Harleysville-Atlantic Insurance and Harleysville Insurance Ohio following their merger.
-
The agency has also assigned an ICR of “bbb+” to Farmers and Mechanics Fire and Casualty, with a stable outlook.
-
The ratings reflect GHS’ recent underwriting losses, which led to major fall in its surplus.
-
Moody’s analysis indicates that investment risk is likely to impact insurance ratings in the region over the next 12-18 months.
-
Standard & Poor's has revised its ratings on several European insurers after previously lowering ratings for nine eurozone member countries.
-
The agency has assigned a negative ratings outlook following BancInsure’s unfavourable underwriting results over the last three years.
-
Rating agency says Aon's move of its headquarters to London highlights international focus.
-
The agency has also affirmed the reinsurer’s B (Fair) FSR and has revised the ratings outlook to stable.
-
The rating firm’s upgrade follows Selective Insurance’s recent takeover of Montpelier US Insurance.
-
Bermuda's Dah Sing Insurance’s business will be transferred to Dah Sing Insurance Company (1976) in Hong Kong.
-
The move towards a positive rating action reflects improved claims experience on business that Health Re ceded to Cayman-based Vitality Re.
-
The agency has assigned a stable outlook for the personal lines segment, while being sceptical over a long-term reversal in commercial market pricing.
-
The general insurer has also been assigned an ICR of “a-” and a stable outlook by the agency.
-
The ratings agency has upgraded the insurer’s FSR to A- (Excellent) and ICR to "a-" with a stable outlook to the ratings.
-
The ratings actions follow the Atrium-managed syndicate’s merger into Lloyd's Syndicate 609.
-
AM Best assigns ratings to Bermudian start-up reinsurer Third Point Reinsurance Ltd.
-
The ratings agency has affirmed the ‘A-’ FSR and “a-” ICR for Asia Capital Reinsurance units and has also assigned a stable ratings outlook.
-
The ratings action follows QBE Insurance’s agreement to buy Optima Insurance through its Latin American subsidiary.
-
The ratings agency believes that the insurer’s earnings and coverage will be pressured by the continued low interest rate environment.