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Frates launches three new programmes
16 March 2015
Connecticut

Frates Reinsurance Intermediary is to launch three new insurance programmes in early 2015—the Nursing Home WC Captive Program, Non-Subscribers Program in Texas and Healthcare Cyber Liability Program...

Mixed fortunes for South African insurers
16 March 2015
Johannesburg

Fitch Ratings has affirmed MMI Group, Guardrisk Insurance Company and Guardrisk Life's national Insurer Financial Strength (IFS) ratings at "AA+(zaf)". The outlooks are stable...

A.M Best assigns debt rating
16 March 2015
New Jersey

A.M. Best has assigned a debt rating of “a+” to the $1.2 billion 5.75 percent secured support notes, due 31 December 2058, issued by Redding Funding, a Nova Scotia company and a wholly owned subsidiary of Wilton Re. The rating outlook assigned is

NAIC responds to cyber needs
13 March 2015
Washington DC

The National Association of Insurance Commissioners (NAIC) has responds to meet state insurance department cybersecurity needs, with two draft documents now exposed for comment...

Ratings affirmation for Palms
13 March 2015
Oldwick, New Jersey

A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of Palms Insurance Company. The outlook for both ratings remains stable...

Legal victory for G4S captive
13 March 2015
Guernsey

Carey Olsen has succeeded in applying to the Royal Court of Guernsey for the restoration of K2 Insurance Limited, a liquidated and dissolved company, enabling the company to subsequently recover a substantial asset...

"Excellent" ratings for Pfizer captive
12 March 2015
Oldwick, New Jersey

A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a+” of Blue Whale Re. The outlook for both ratings is stable...

Aon launches White Rock USA
12 March 2015
Chicago

Aon Risk Solutions has launched White Rock USA, a subsidiary of Aon owned White Rock Group, which will be domiciled in Vermont...

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