In two separate announcements A.M. Best Co. said it has assigned a Best’s Syndicate Rating of “A” (Excellent) and an issuer credit rating (ICR) of “a” to Lloyd’s Syndicate 2147 and 1007. SVB Syndicates Limited (SVBS) manages both syndicates, and …
The U.K.’s Court of Appeal has reversed a previous ruling that granted for compensation to people with pleural plaques, a condition resulting from exposure to asbestos that scars the lining of the chest. A report on the Lloyd’s Website (www.loyds.com) …
At least one Bermuda-based company seems to have weathered the storms of 2005 reasonably well. Ace Limited reported $237 million net income for the fourth quarter – a 15 percent drop from 2004 – and $1.029 billion for the full …