"I'm a 'triple-A' locked in an 'A-minus' body. It's very frustrating." That's how Donald Kramer, chief executive officer of Ariel Re, began his answer to a question about rating agency activity
Newark, Calif.-based Risk Management Solutions said today that based on results from its revised hurricane modeling, annualized insurance losses will jump 40 percent on average across the Gulf Coast,
Initial, unconsolidated regulatory filings published online in Highline Data's Insurance Analyst PRO database put the net industry combined ratio for 2005 at nearly 101, compared to 98 in 2004 and jus
The question, posed to RMS President and CEO Hemant Shah, was whether Katrina was a "tail event"--one with a low probability of occurrence, plotted at the far right or tail-end of curves, known as
Ceding companies using alien reinsurers will be met with higher capital charges in the Standard & Poor's rating model if collateral requirements go away, said Steven Dreyer, managing director and
Quanta Capital Holdings today became the second Bermuda-based company to suffer a dangerous cut below an "A-minus" rating level in recent weeks, prompting the company to announce a review of alternati