AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Transmonde Services Insurance Company
AM Best has placed the financial strength rating of A- (Excellent) and the long-term Issuer credit rating of “a-” (Excellent) of Delaware Life Insurance Company of New York under review
AM Best’s market segment report shows commercial rate increases are driving an uptick in the use and importance of captives in Europe
AM Best has commented that the credit ratings of the Nassau Companies of New York, Inc, and its subsidiaries “remain unchanged” following the acquisition of Delaware Life Insurance Company of New York
New report states rated Bermuda, Cayman Islands and Barbados captive insurance companies have continued to outperform their US commercial casualty peers
AM Best has affirmed the financial strength rating of B+ [Good] and the long-term issuer credit rating of “bbb-” [Good] of Orion Reinsurance [Bermuda] Ltd
Guernsey Finance have appointed William Lewis as its dedicated business development representative for the insurance sector
Specialty insurance brokerage and risk management firm Risk Strategies, has acquired Wallace Specialty Insurance Group