In a six-month status report issued last month to Lloyd's franchisees, Mr. Ward--who has yet to speak directly with the media about his plans for the world's oldest insurance market--said that no
However, Equitas still is a significant rating factor for Lloyd's, S&P said. In addition, the fact there still remain some scenarios in which it is insufficiently capitalized to be successfully run
Ernie Csiszar will resign on Sept. 30 as president and chief executive officer of the Property Casualty Insurers Association of America. The announcement was made days after PCI abruptly pulled out
According to the Northbrook, Ill.-based insurer, the proposed hike would bring in $96 million in premium revenue and put the company in an improved position to deal with the volatility of natural cata
So far the signs seem favorable for the outcome of the merger between Swiss Re and GE Insurance Solutions. Late last month, A.M. Best affirmed the financial strength ratings for both Swiss Re and