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Saipem captive given ‘excellent’ rating
24 November 2016
London Reporter Becky Butcher

A.M. Best has assigned the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-“ to Sigurd Rück, the captive reinsurer of Saipem, domiciled in Switzerland...

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Spirit and Radius ratings affirmed
22 November 2016
Oldwick, New Jersey Reporter Becky Butcher

A.M. Best has affirmed the financial strength ratings of “A (Excellent)” and long-term issuer credit ratings of “a” for Spirit Insurance Company and Radius Insurance Company, captives of Phillips 66...

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Stable outlook for JPMorgan Chase captive
16 November 2016
Oldwick, New Jersey Reporter Becky Butcher

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” of Park Assurance Company, the single parent captive of JPMorgan Chase & Co...

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Negative outlook for China Railway captive
14 November 2016
Hong Kong Reporter Becky Butcher

The China Railway Captive Insurance Company has received an "A2" financial strength rating with a negative outlook from Moody’s Investors Service...

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Evergreen Insurance ratings downgraded
14 November 2016
Hong Kong Reporter Becky Butcher

A.M. Best has downgraded the financial strength rating of Evergreen Insurance Company (EICL), located in Bermuda from “A (Excellent)” to “A- (Excellent)”...

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Greenlight Re suffers rating drop
08 November 2016
Grand Cayman Reporter Mark Dugdale

Greenlight Reinsurance has had its financial strength rating reduced due to a poor run of underwriting results...

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Humboldt Re’s ratings affirmed
04 November 2016
London Reporter Becky Butcher

A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the long-term issuer credit rating of “a-“ for Humboldt Re, located in Guernsey...

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