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Reinsurance

Moody’s rates Russian Munich Re subsidiary

Moody's Investors Service has announced that it had assigned a first-time insurance financial strength rating of A2 to Munich Re Life E.E.C.A. (MRL), headquartered in Moscow, Russia. The rating applies to both domestic and foreign currency obligations.

Catlin: benign storm season will accelerate soft market

Stephen Catlin, chief executive of Bermuda and London Market (re)insurer Catlin Group has said that premium rates for non-catastrophe exposed classes of property/casualty insurance and reinsurance worldwide could decrease more rapidly if the 2006…

Insurance Careers Guide 2006/7: Facts and Figures

he UK insurance industry has for a long time been an important contributor to the economy, a major employer and a significant source of overseas earnings. It helps businesses to protect themselves from risk and provides a wide range of services to…

Alea US specialty sale completes

Bermudian (re)insurer in run-off, Alea Group has announced that its subsidiary, Alea North America Insurance Company, has completed sale of its Delaware excess and surplus lines carrier, Alea North America Specialty Insurance. Company to Insurance…

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