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A.M. Best Upgrades Issuer Credit Ratings of Transatlantic Holdings Inc. and Its Subsidiaries OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has upgraded the issuer credit ratings ...
TransRe was formed as a facultative reinsurance division of AIG and wrote its first business on January 1, 1978. TransRe quickly expanded to other territories including Toronto in 1980, Europe (London) and Asia Pacific (Tokyo) in 1982 and Hong Kong in 1985. The company established the Latin America and Caribbean division in Miami, FL in 1993 and continued to expand globally with further ...
In June 2009 AIG sold its majority ownership of reinsurer Transatlantic Re. [73] The Wall Street Journal reported on September 7, 2009, that Pacific Century Group had agreed to pay $500 million for a part of AIG's asset management business, and that they also expected to pay an additional $200 million to AIG in carried interest and other ...
AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated the company as a Nationally Recognized Statistical Rating Organization (NRSRO) in the United States. [1 ...
About TransRe. TransRe is the brand name for Transatlantic Holdings, Inc. and its subsidiaries (including Transatlantic Reinsurance Company). TransRe, wholly owned by Alleghany Corporation (NYSE-Y ...
Transatlantic Reinsurance Company, an indirect wholly-owned subsidiary of Alleghany Corporation, is a leading international reinsurance organization headquartered in New York with operations ...
If you’re looking for a reputable source of information for insurance ratings, companies like AM Best, Standard & Poor’s, Moody’s and Demotech are industry-recognized insurance reviewers and ...
In the Indian subcontinent, three out of the six registered credit rating agencies are subsidiaries of the big three – including CRISIL (Standard and Poors), ICRA Limited and India Ratings (Fitch). However, there are three other agencies – including CareEdge Ratings, which is the second largest rating agency in India.