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Insurers urged to respond to TRIA expiration
06 January 2015
New York

Benjamin Lawsky, the superintendent of financial services for New York, has urged insurers based in the state to respond in writing to a number of questions related to the expiration of TRIA...

DC amends captive insurance act
05 January 2015
Washington DC

The District of Columbia has approved enacting amendments to the Captive Insurance Company Act of 2004 in order to, among other things, strike any and all references to segregated accounts within the legislation...

Tough renewals season ahead, says Willis Re
05 January 2015
London

There will be no respite for reinsurers at the start of renewal season, with the reshaping of the global reinsurance industry now starting in earnest, according to the latest renewals report from Willis Re...

Negative actions reliant on TRIPRA, says Fitch
24 December 2014
New York

Fitch Ratings has stated that it is likely to place several US CMBS transactions on rating watch “negative” unless Congress acts to reauthorise TRIPRA, which is set to expire 31 December 2014...

"Superior" rating for Noble
23 December 2014
Oldwick, New Jersey

A.M. Best has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Noble Assurance Company...

Upgrade for Maxseguros captive despite lower income
22 December 2014
New York

Fitch Ratings has upgraded Maxseguros EPM Limited's insurer financial strength (IFS) rating to “BBB+” from “BBB”...

EIOPA gives Bermuda thumbs up
22 December 2014
Bermuda

EIOPA has endorsed key aspects of Bermuda’s commercial reinsurance regulatory regime as meeting the criteria of the Solvency II directive...

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Solid 2014 for Western Europe, says A.M. Best
19 December 2014
London

Insurers and reinsurers in Western Europe posted solid performances in 2014 and retained their capital strength against a backdrop of economic calm, according to a new report from A.M. Best...

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