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AM Best Revises Outlooks to Negative for EMC Reinsurance Company; Affirms Credit Ratings of Employers Mutual Casualty Company and Subsidiary
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of EMC Reinsurance Company (EMC Re).
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AM Best Affirms Credit Ratings of Korean Reinsurance Company
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Korean Reinsurance Company (KRE) (South Korea). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect KRE’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
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Reinsurance capital raises could reach $22bn in 2020: Willis Re
Improved reinsurance market pricing is attracting significant sums of capital, with the latest estimate from broker Willis Re being that $19 billion has already been raised since the COVID-19 pandemic broke out and another $3 billion of capital raises are underway.
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AM Best Revises Outlooks to Negative for EMC Reinsurance Company; Affirms Credit Ratings of Employers Mutual Casualty Company and Subsidiary
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of EMC Reinsurance Company (EMC Re).
- Read full article
- Comments(0) To comment, please Sign In
AM Best Affirms Credit Ratings of Korean Reinsurance Company
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Korean Reinsurance Company (KRE) (South Korea). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect KRE’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
- Read full article
- Comments(0) To comment, please Sign In
Reinsurance capital raises could reach $22bn in 2020: Willis Re
Improved reinsurance market pricing is attracting significant sums of capital, with the latest estimate from broker Willis Re being that $19 billion has already been raised since the COVID-19 pandemic broke out and another $3 billion of capital raises are underway.
- Read full article
- Comments(0) To comment, please Sign In