Reinsurance News
Allied World Assurance Company Holdings
AM Best upgrades ratings of FairFax Financial & Allied World
8th May 2023
Global rating agency AM Best has upgraded Long-Term Issuer Credit Rating (Long- Term ICR) to “bbb+” (Good) from “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) on the unsecured debt and preferred equity of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada). At the same time, Best has also upgraded ... Read the full article
Allied World establishes retakaful window
2nd May 2019
Global insurer and reinsurer Allied World Assurance Company Holdings, GmbH has announced the development and launch of a new retakaful window by the Labuan branch of Allied World Assurance Company, Ltd. The Labuan Branch retakaful window has been established to take advantage of both consumer and commercial opportunities. According to an announcement ... Read the full article
Casualty erosion prompts A.M. Best to downgrade Allied World rating
18th February 2019
The Long-Term Issuer Credit Ratings (Long Term ICR) of Allied World Assurance Company and its affiliates has been been downgraded by AM Best from a+ to a, while its Financial Strength Rating (FSR) of A (Excellent) has been affirmed. The ratings agency has also downgraded the Long-Term ICR of Allied World’s ... Read the full article
Allied World Re names Yeo Meng Wong as Head of Asia Pacific Treaty Reinsurance
28th August 2018
Allied World Assurance Company Holdings has appointed Yeo Meng Wong as Senior Vice President & General Manager, Asia Pacific Reinsurance Division, effective immediately. Wong first joined Allied World Re in 2010 as Assistant Vice President, International Treaty based in Singapore, before which he held senior positions at Aon Benfield, including as ... Read the full article
Allied World Assurance launches UK Commercial unit, appoints head
30th May 2017
Allied World Assurance Company Holdings has officially launched its UK Commercial Division and announced that Darren Rowe has joined the firm from Arthur J. Gallagher as Vice President, Head of UK Commercial Division. The new UK Commercial Division enables businesses to secure single product or a combination of numerous coverages to meet ... Read the full article
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