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Howard Mills, chief adviser to Deloitte L.L.P.

BestWeek/BestReview Subscription Required As IAIS Releases Global Capital Standard For G-SIIs, State Regulators Split With FIO Over Need

Nine of the largest insurance companies in the world will soon be adhering to new capital standards released by the International Association of Insurance Supervisors during its annual conference in Amsterdam on Oct. 23. October 23, 2014 Full Story

BestWeek/BestReview Subscription Required Everest Re CEO Says Capital Markets Pricing Near Bottom

Reinsurance pricing may be near a bottom as talk from recent industry conferences, like Baden-Baden and Monte Carlo, focused less on the subject and as investors seem to be nearing a floor on returns they will accept from insurance-linked securities, said Everest Re Group Ltd. President and Chief Executive Officer Dominic Addesso. October 23, 2014 Full Story


Anthony Diodato, group vice president, A.M. Best Co.

BestWeek/BestReview Subscription Required A.M. Best Analysts: US Property/Casualty Policyholder Surplus at Record Level

Despite lower net investment and underwriting income through the first half of 2014, the property/casualty insurance industry reached a record level of policyholder surplus, according to a panel of A.M. Best Co. analysts. October 23, 2014 Full Story

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  • BestWeek/BestReview Subscription Required India Regulators Reviewing 'High' Commissions Among Insurance Agents: India's financial sector regulators have agreed to form a joint task force that will review the "skewed" incentive structures that exist within similar insurance, mutual funds and pension products, according to the minutes of the meeting of the Financial Stability and Development Council's sub-committee released by the Reserve Bank of India. Full Story

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  • BestWeek/BestReview Subscription Required A.M. Best Affirms Ratings of Aspen Insurance Holdings Limited and Its Subsidiaries: A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of "a" of Aspen Insurance UK Limited (AIUK) (United Kingdom) and Aspen Bermuda Limited (ABL) (Bermuda). At the same time, A.M. Best has affirmed the ICR of "bbb" and the debt ratings of Aspen Insurance Holdings Limited (Aspen) (Bermuda) [NYSE: AHL], the non-operating holding company of the Aspen group of companies. The outlook for all ratings remains stable. (Please see below for a detailed listing of the debt ratings.) Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Affirms Ratings of Aspen Insurance Holdings Limited's U.S. Subsidiaries: A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings of "a" of Aspen Specialty Insurance Company (ASIC) (Bismarck, ND) and Aspen American Insurance Company (AAIC) (Dallas, TX). Both companies are wholly owned subsidiaries of their ultimate parent, Aspen Insurance Holdings Limited (Aspen) (Bermuda) [NYSE: AHL]. The outlook for all ratings is stable. Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Affirms Ratings of Hiscox Ltd and Its Subsidiaries: A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a+" of Hiscox Insurance Company (Bermuda) Limited (Hiscox Bermuda), Hiscox Insurance Company Limited (Hisco) (United Kingdom) and Hiscox Insurance Company (Guernsey) Limited (Hiscox Guernsey). Concurrently, A.M. Best has affirmed the ICR of "bbb+" of Hiscox Ltd (Hiscox) (Bermuda), the ultimate parent holding company of the Hiscox group of companies. The outlook for the above ratings is stable. Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Places Ratings of Atlas Financial Holdings, Inc. and Its Subsidiaries Under Review With Negative Implications: A.M. Best has placed under review with negative implications the financial strength rating of B (Fair) and the issuer credit ratings (ICR) of "bb" of American Service Insurance Company, Inc., American Country Insurance Company (both domiciled in Elk Grove Village, IL) and Gateway Insurance Company (St. Louis, MO), subsidiaries of Atlas Financial Holdings, Inc. (Atlas) (Cayman Islands) [NASDAQ: AFH]. These companies operate under an intercompany reinsurance pooling agreement and are collectively referred to as American Service Pool. A.M. Best also has placed under review with negative implications the ICR of "b-" of Atlas. Full Story

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