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A.M. Best assigns "A-" to Fidelis
10 Jun 2015
Hamilton, Bermuda

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and an issuer credit rating of "a-" to Fidelis Insurance Bermuda...

EC names Solvency II-equivalent third countries
09 June 2015
Brussels

The European Commission has adopted its initial third country equivalence decisions under Solvency II...

Strong ratings for IGI UK and parent
09 June 2015
London

Standard & Poor’s has assigned IGI UK an “A-” financial strength rating and has affirmed its “A-” long-term counter-party credit and the insurer strength rating of its Bermuda-based parent, IGI Bermuda...

Guy Carpenter launches CRS
09 June 2015
New York

Guy Carpenter & Company has launched CAT Risk Studio (CRS), a new division that will support its MSA initiative and will work closely with GC Securities on the development of parametric products for catastrophe risk transfer...

Ariel Re chooses Xuber
08 June 2015
London

Ariel Re has chosen the Xuber for Reinsurers solution suite for its Lloyd’s and Bermuda businesses...

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May floods in US to cost insurers $1 billion
05 June 2015
Chicago

Total aggregated severe thunderstorm and flood economic losses for May 2015 are expected to near $3 billion, with overall insured losses set to easily exceed $1 billion, according to Impact Forecasting...

JLTCM closes fifth Oak Leaf cat bond
05 June 2015
New York

Jardine Lloyd Thompson Capital Markets (JLTCM) has arranged a private placement catastrophe bond, Oak Leaf Re 2015-1, which closed at $53.03 million. This is the fifth such deal with Oak Leaf...

Good news at June renewals, says GC
04 June 2015
New York

After two years of price decreases averaging 15 percent on US property catastrophe placements, Guy Carpenter has confirmed that risk-adjusted pricing moderated at the most recent June renewals...

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