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Reinsurance

Valhalla!

Dear friend, "What we really need is a good loss to sort everything out." Wandering around the mar...

Subprime worry sees Scottish Re downgraded again

Rating agency AM Best has downgraded the financial strength ratings of teh primary operating insurance subsidiaries of Life reinsurer Scottish Re to B (Fair) from B+ (Good) and its issuer credit ratings (ICR) to “bb” from “bbb-” of Best also downgraded…

Amlin unveils bumper 2007 but sees tougher 2008

Lloyd’s (re)insurer Amlin recorded record results as the mix of still-high pricing, strong investment income and a lack of catastrophe losses helped the firm increase full-year pretax profits by nearly 30% to £445m from £342.7m.

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