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Reinsurance News
24th July 2019
Financial services ratings agency, Moody's, has upgraded the insurance financial strength rating of Odyssey Reinsurance Company and its subsidiaries to A2 from A3, on the back of strong underwriting results over the past few years. Moody's highlights that despite the impacts of catastrophe losses in both 2017 and 2018, the reinsurer, ... Read the full article
7th March 2019
Newline Europe Versicherung AG, the European insurance hub that Odyssey Group Holdings plans to establish ahead of Brexit, has received a Preliminary Credit Assessment (PCA) from rating agency A.M. Best. The firm assigned a Financial Strength Assessment of A pca (Excellent) and a Long-Term Issuer Credit Assessment of ‘a+’ pca to ... Read the full article
30th June 2017
Specialty insurer Newline Group, which is part of specialty insurer and reinsurer Odyssey Re Holdings Corp. (OdysseyRe), has announced the launch of a new business line dedicated to U.K. and International Affinity & Special Risks solutions. The new business line sees Newline offer Motor-related Warranty, Non-motor Warranty and value-driven add-ons, such as Excess ... Read the full article
