News
Insurance
Bermuda-based Endurance Specialty has appointed Michael Grundmeyer in the newly formed role of director of origination for the Americas at Endurance Global Weather (EGW). 10 September 2014
article
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
article
Rating agency AM Best has downgraded issuer credit ratings (ICR) of Tower Group International to c from cc. 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
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