ROB FAUBER, NOÉMIE HEULAND, SHIVANI KAK. I'm Shivani Kak, Head of Investor Relations. In accordance with the act, I also direct your attention to the Management's Discussion and Analysis section and the risk factors discussed in our Annual Report on Form 10- K for the year ended December 31, 2023, and in other SEC filings made by the company, which are available on…
Reinsurance
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of China Reinsurance Corporation and its subsidiaries. The ratings also reflect the support China Re receives from its ultimate parent, China Investment Corporation, the sovereign wealth fund of the Chinese government. Underwriting IFRS 17 and IFRS 9…
As filed with the U.S. Securities and Exchange Commission on November 14, 2024. Floor 3, Building 6, Wuxing Road, Lane 727 Pudong New Area, Shanghai 201204 Tel: +86 -5089-6502. Richard I. Anslow, Esq. Lijia Sanchez, Esq. Ellenoff Grossman& Schole LLP 1345 Avenue of the Americas, 11th Floor New York, NY 10105 Tel: 370-1300.
Aon Launches New Florida Flood Model with Latest Data and Analytics for State Insurers- Model certified for statewide use by Florida Commission- New technology enables insurers to better quantify flood risk CHICAGO, Nov. 14, 2024- Aon plc, a leading global professional services firm, today announced its new Florida Flood v3.0 model received certification…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Platinum Transport Insurance Risk Retention Group, Inc.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Platinum’ s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business…
AM Best has upgraded the Long-Term Issuer Credit Rating to“ bbb+” from“ bbb” and affirmed the Financial Strength Rating of B++ of Nazareth Mutual Insurance Company. The outlook of the Long-Term ICR has been revised to stable from positive while the FSR is stable. The limited business profile reflects the company’ s property predominant risk exposure and geographic…
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Gulf Insurance Group– Jordan. The ratings also factor in enhancement from GIG Jordan’ s parent company, Gulf Insurance Group K.S.C.P., reflecting the strategic importance of GIG Jordan to the group. During the second quarter of 2023, the company…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Alliance Insurance. The outlooks of these Credit Ratings are stable. Both segments have been under intense pricing pressure due to the competitive environment in the UAE.
PEMBROKE, Bermuda—- Hamilton Global Specialty, an underwriting platform of Hamilton Insurance Group, Ltd., today announced its entry into US Property Insurance at Hamilton Americas, its US managing agency, with Lissie Van Leunen appointed as Head of US Property, reporting to Pepe Marquez, President, Hamilton Americas. Lissie Van Leunen, Head of US Property…
STATEMENT AS OF SEPTEMBER 30, 2024 OF THE CONSECO LIFE INSURANCE COMPANY OF TEXAS. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE CONSECO LIFE INSURANCE COMPANY OF TEXAS. LIABILITIES, SURPLUS AND OTHER FUNDS.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Nacional de Reaseguros, S.A.. The company’ s balance sheet strength assessment also reflects its prudent reserving approach, well-diversified investment portfolio and comprehensive retrocession protection covering its domestic and international…
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a” of ICM Assurance Ltd. ICMA is a single-parent captive insurer, wholly owned by CNOOC International Limited, which is in turn wholly owned by CNOOC Limited, the ultimate parent.
Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, announced today that Ruby Reinsurance Company, a Missouri- domiciled third-party life reinsurance company, has successfully closed a second round of funding, raising a total of $480 million in capital. Combined with the initial investments from Golub Capital, Hudson…
Aegis Executive Risks, a division of Aegis General Insurance Agency and K2 Insurance Services, announces today the launch of their Management Liability insurance program. "We are thrilled to expand K2’ s and Aegis General Insurance Agency’s presence in the specialty lines space,” said Jeff Hirsch, President of Aegis Executive Risks.“ This launch would not be…
STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY.
STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK.
STATEMENT AS OF SEPTEMBER 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY. STATEMENT AS OF SEPTEMBER 30, 2024 OF THE VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY.
Appoints Nina Corbo to Lead U.S. Primary Casualty; Debbie Weiser to Lead U.S. Excess Casualty. WARREN, New Jersey- November 12, 2024- Everest Insurance ®, the insurance division of Everest Group, Ltd., today announced two key leadership appointments to the Company's U.S. Casualty business, reporting to Bill Hazelton, Executive Vice President of Everest Insurance…
Ambac Financial Group, Inc., a financial services holding company, today reported its results for the quarter ended September 30, 2024. Net loss of$ million or$ per diluted share and Adjusted net loss of$ million or$ per diluted share driven by approximately $20 million of transaction costs and acquisition related short-term interest expense Total P&C Premium…
