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Rating agency Standard & Poor’s (S&P) has raised concerns about elements of the structure of Golden State Re II, the latest cat bond to be issued by the California State Compensation Insurance Fund (SCIF). 8 September 2014
Insurance
Fitch Ratings has launched a prism factor-based capital model (Prism FBM), the agency's risk-based model for assessing the capital strength of insurance companies in EMEA. 4 September 2014
Insurance
Rating agency Moody's has revised the outlook of Alleghany’s issuer rating to positive, from stable, to reflect the anticipated reduced structural subordination of Alleghany’s debt relative to that of subsidiary Transatlantic Holdings. 3 September 2014
Insurance
As more stressful market conditions limit organic growth potential, the reinsurance market is likely to see increased merger and acquisition (M&A) activity. 1 September 2014
Insurance
Broker Cooper Gay Swett & Crawford (CGSC) has made a number of plans designed to streamline costs and generate operational efficiencies following a downgrade by ratings agency Standard & Poor’s. 1 September 2014
article
Rating agency AM Best has downgraded issuer credit ratings (ICR) of Tower Group International to c from cc. 1 September 2014
article
The significant rate declines seen in the reinsurance market, especially in property catastrophe lines, are set to continue into 2015. 29 August 2014
article
The outlook for Brazil’s insurance sector is set to remain stable as interest rates which will help strengthen net investment income counteract price competition in the region. 29 August 2014
News
Reinsurers can play a role in building governments’ resilience to the financial shocks associated with natural catastrophes. 28 August 2014
article
QBE Australia is set to offer professional indemnity (PI) for all Civil Aviation Safety Authority (CASA) appointed Approved Testing Officers (ATOs) and those transitioning to the new Flight Examiner Rating (FERs). 26 August 2014
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