Reinsurance News

rating

Hamilton’s investments with Two Sigma help generate consistent net income: KBRA

13th December 2018

Kroll Bond Rating Agency (KBRA) has assigned a stable outlook and an insurance financial strength rating (IFSR) of A to Bermudian property and casualty (P&C) reinsurer Hamilton Re, citing the strengths of its investment fund. The company’s TS Hamilton Fund is managed by Two Sigma and has allowed Hamilton Re to ... Read the full article

AIG’s new European post-Brexit carriers receive stable ratings

30th November 2018

Moody’s has assigned A2 insurance financial strength (IFS) ratings and stable outlooks to American International Group’s (AIG) new post-Brexit European carriers, AIG UK Limited and Luxembourg-based AIG Europe S.A. (AESA). AIG recently formed these units in order to ensure continuity of service for it its European policyholders and business partners once ... Read the full article

S&P affirms Marsh’s A- rating following JLT acquisition, outlook negative

8th October 2018

Marsh & McLennan has had its A- long-term issuer credit rating affirmed by S&P Global following its $5.6 billion acquisition of JLT, although its outlook is negative. Following an in depth business and financial review, S&P believes Marsh will likely be committed to and able to de-lever back to a range ... Read the full article

Berkshire Hathaway’s insurance units outlook returns to stable: S&P

28th September 2018

S&P Global Ratings has revised its outlook of the operating insurance subsidiaries of Warren Buffett's Berkshire Hathaway from negative to stable, due to improved capitalisation. The revision incorporates S&P’s view that Hathaway’s insurance subsidiaries will maintain combined capital adequacy that is redundant at the AA confidence level on a prospective basis, ... Read the full article