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Swiss insurers call for simpler solvency regulation

Business Insurance | 2 days 19 hours 44 minutes ago

Switzerland's insurers need local regulation to be harmonized with international standards and improved access to European Union markets to boost growth, executives said on Friday.... (more)


Best Affirms Balboa and Group Members 'A' Ratings

Insurance Journal | 2 days 22 hours 51 minutes ago

A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of ?a? of Balboa Insurance Group and its P/C members: Balboa Insurance Company (BIC), Meritplan Insurance Company (both of Irvine, CA), Newport Insurance Company (Phoenix, AZ) as well as BIC?s stand alone subsidiary, Newport E&S Insurance Company (Newport E&S) (Plano, TX). The outlook for all of the ratings is stable.... (more)


Best Affirms Ratings of Assurant and Its Subsidiaries; Several Upgraded

Insurance Journal | 2 days 22 hours 50 minutes ago

A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the P/C and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of ?bbb? and debt ratings of Assurant.... (more)


Operator News in Brief - 20th Nov 2009

cellular-news (U.K.) | 2 days 23 hours 7 minutes ago

Armenian mobile network operator, VivaCell-MTS is to build its own fiber-optic backbone network, and had rented capacity on the existing network built by GNC-Alfa laid between Yerevan and Armenian-Iranian border. GNC-Alfa will provide operation and maintenance of the acquired fibers.... (more)


Fairfax cites cost, focus in delisting from NYSE

Globe and Mail (Toronto), The | 3 days 2 hours 11 minutes ago

Fairfax Financial Holdings Ltd. is delisting from the New York Stock Exchange, having decided that the expense and hassle of being listed in the United States outweigh the benefits... (more)


NOVEMBER 20, 2009, 12:23 A.M. ET Edelweiss Capital, Tokio Marine Sign Life Insurance JV

Barron's (subscription required) | 3 days 7 hours 4 minutes ago

MUMBAI -- Edelweiss Capital Ltd. said Friday it has signed a joint venture agreement with Japan-based Tokio Marine Holdings Inc. to start a life insurance business.... (more)




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