Rating Agencies
$2.2B Sirius Sale Leaves S&P, A.M. Best and Fitch Both Wary & Cautious
Plans for White Mountains Insurance Group to sell Sirius International Insurance Group for $2.2 billion to a Chinese investment firm drew negative or cautious reactions from Standard & Poor's, ...
SCOR, Swiss Re and Munich Re Win Fitch Ratings Upgrades
Fitch issued ratings upgrades for SCOR, Swiss Re and Munich Re and affirmed the ranking of a fourth reinsurer: Hannover Re. Each reinsurer received scrutiny because of their scale, diversity, and ...
ACE-Chubb $28.3B Deal Took Just ‘Weeks’ to Put Together: Greenberg
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015 "We are first and foremost builders. Insurance is a long-term business. We are patient," said ACE Chair and Chief Executive Officer ...
A.M. Best Clarifies Stance on AXIS-PartnerRe Deal
While characterizing their opinion as neither an endorsement nor a recommendation of the proposed merger of AXIS Capital and PartnerRe, rating analysts from A.M. Best clarified that their stance on ...
Shakeup in Top 10 Workers Comp Writers: 2014 vs. 2009
The ranking of industry-leading workers compensation writers has changed in recent years, with names like Travelers and Hartford overtaking Liberty Mutual Insurance Co. and American International ...
Workers Comp Underwriting Profit Possible as Trends, Reserve Quality Improve: Fitch
Traditionally one of the most challenging underwriting segments in the U.S. commercial lines insurance market, workers compensation has experienced a meaningful turnaround in performance from large ...
Sizing Up the P/C M&A Landscape; Analyst Wary of ‘Industrial’ Buyers
A fixed income analyst specializing in the property/casualty insurance sector is growing uncomfortable with a potential trend he sees developing in the M&A landscape—interest in insurance ...
Fitch: Berkshire Hathaway’s Commercial Insurance Success Threatens Smaller Rivals
Berkshire Hathaway's expansion into the U.S. commercial lines market in recent years has been immensely successful for the company, giving it the ability to crowd out smaller rivals, Fitch Ratings ...