Rating Agencies
Heard at PCI Meeting: Reserve Covers, Capital Relief Deals Are Growing Trend
They may not be the new black, but references to adverse development covers and capital relief solutions and cropped up more than once in conversations with reinsurance market participants during the ...
Want to Play Rating Agency? There’s an App for That
Rating agency Standard & Poor's announced Wednesday that it is introducing an Insurance Credit Scenario Builder, a new credit tool available on the S&P Ratings iPad App and on the web. ...
RenRe’s Deal for Platinum Could Spur More Reinsurance M&A: Fitch
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings could spark more merger and acquisition activity among reinsurers, Fitch Ratings said last week, ...
A.M. Best Throws Some Cold Water on RenRe’s M&A Plans
A.M. Best has thrown some cold water on RenaissanceRe Holdings Ltd.'s $1.9 billion stock and cash bid for fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd. The insurance rating entity ...
$1.9B Deal for Platinum Gives RenRe Bigger U.S. Casualty Share
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings will create a $4 billion company with a bigger footprint in the U.S. casualty and specialty ...
S&P Says Growth Still the Biggest Factor in Carrier Exec Comp
More than 50 percent of insurers use growth as a key metric to set executive compensation, according to a recent report. The report by Standard & Poor's Rating Services summarized findings of an ...
Industry Disrupters Will Cut Distribution, Dispute Resolution Costs, P/C Execs Say
Property/casualty insurance industry executives peering out into the future aren't singularly focused on capital providers as potential industry disrupters in the years ahead. Brian Duperreault, ...
Underreserving, Balance Sheet Fundamentals Taking a Back Seat in Rating Agency Analyses
Loss and loss adjustment expense (L&LAE) reserving and reported income are but two components of a thorough, all-encompassing rating agency analysis of an insurer. Today, more than ever before, ...