Qbe Ins Group Ltd (QBIEY) 10.1450 $QBIEY
A.M. Best Revises Outlook to Negative for Balboa Insurance Company and Its Subsidiaries
Business Wire - Fri Feb 21, 4:49PM CST
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of Balboa Insurance Company (Irvine, CA) and its wholly owned subsidiaries, Meritplan Insurance Company (Irvine, CA) and Newport Insurance Company (Phoenix, AZ), which operate under an intercompany reinsurance pooling agreement, collectively referred to as Balboa Insurance Group (Balboa). All companies are owned by the BA Insurance Group, Inc., which is ultimately owned by Bank of America Corporation (BAC).
A.M. Best Downgrades Issuer Credit Ratings of QBE Insurance Group Limited's U.S. Subsidiaries
Business Wire - Thu Dec 12, 10:37AM CST
A.M. Best Co. has downgraded the issuer credit ratings (ICR) to "a" from "a+" and affirmed the financial strength rating (FSR) of A (Excellent) of the pooled and reinsured members of QBE North America Insurance Group (QBENA Group). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the non-operating holding company of the QBE group of companies. The outlook for the FSR has been revised to negative from stable, while the outlook for the ICRs is negative. (See below for a detailed listing of the companies and ratings.)
A.M. Best Downgrades Issuer Credit Ratings of QBE Insurance Group Limited and Its Subsidiaries
Business Wire - Thu Dec 12, 10:36AM CST
A.M. Best Europe - Rating Services Limited has downgraded the issuer credit ratings (ICR) to "a" from "a+" and affirmed the financial strength ratings (FSR) of A (Excellent) of QBE Insurance (Europe) Limited (United Kingdom), QBE Re (Europe) Limited (United Kingdom) and QBE Insurance (International) Limited (Australia). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the non-operating holding company of the QBE group of companies. A.M. Best also has downgraded QBE's ICR and senior debt ratings to "bbb" from "bbb+", as well as the debt ratings of the perpetual preferred securities to "bb+" from "bbb-". The outlook for the FSR has been revised to negative from stable, while the outlook for all ICRs and debt ratings remains negative. (See below for a detailed list of the debt ratings.)
Motorcycle Insurance in Australia Industry Market Research Report Now Available from IBISWorld
PRWeb - Thu May 02, 9:03AM CDT
Despite a spate of financial shocks and a recovering economy, the Motorcycle Insurance industry has been accelerating at a comfortable pace over the five years through 2012-13. Consumers have taken up motorcycles as the increasing world price of crude oil has made the upkeep of cars tougher. According to IBISWorld industry analyst Ryan Lin, "more people adopting motorcycles as their main form of transport has provided a buffer against falling investment returns as a result of volatile financial markets." This trend has been most significant in coastal cities along Australia's eastern seaboard that have a large population concentration and high levels of traffic congestion and pollution. These conditions have prompted consumers to purchase motorcycles for increased manoeuvrability in large cities.
QBE announces 2012 results
PR Newswire - Tue Feb 26, 11:00AM CST
Following yesterday's release of QBE Insurance Group Limited 2012 results, QBE's North America operations announced its year-end results.
A.M. Best Affirms Ratings of Balboa Insurance Company and Its Subsidiaries
Business Wire - Thu Jan 24, 3:15PM CST
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of Balboa Insurance Company (Irvine, CA) and its wholly owned subsidiaries, Meritplan Insurance Company (Irvine, CA) and Newport Insurance Company (Phoenix, AZ), which operate under an intercompany reinsurance pooling agreement, collectively referred to as Balboa Insurance Group (Balboa). All companies are owned by the BA Insurance Group, Inc., which is ultimately owned by Bank of America Corporation (BAC). The outlook for all ratings is stable.
BestWeek: Panamanian Insurers Successfully Battle for Market Share in Competitive Environment
Business Wire - Mon Jan 14, 12:53PM CST
With 32 insurance companies fighting for market share in the tiny country of Panama, Panamanian insurers are holding their own against their global competitors, according to A.M. Best data compiled in this week's issue of BestWeek U.S./Canada as part of a continuing Latin America Market Spotlight feature.
A.M. Best Revises Outlook to Negative for Balboa Insurance Company and Its Subsidiaries
Business Wire - Fri Feb 21, 4:49PM CST
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of Balboa Insurance Company (Irvine, CA) and its wholly owned subsidiaries, Meritplan Insurance Company (Irvine, CA) and Newport Insurance Company (Phoenix, AZ), which operate under an intercompany reinsurance pooling agreement, collectively referred to as Balboa Insurance Group (Balboa). All companies are owned by the BA Insurance Group, Inc., which is ultimately owned by Bank of America Corporation (BAC).
A.M. Best Downgrades Issuer Credit Ratings of QBE Insurance Group Limited's U.S. Subsidiaries
Business Wire - Thu Dec 12, 10:37AM CST
A.M. Best Co. has downgraded the issuer credit ratings (ICR) to "a" from "a+" and affirmed the financial strength rating (FSR) of A (Excellent) of the pooled and reinsured members of QBE North America Insurance Group (QBENA Group). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the non-operating holding company of the QBE group of companies. The outlook for the FSR has been revised to negative from stable, while the outlook for the ICRs is negative. (See below for a detailed listing of the companies and ratings.)
A.M. Best Downgrades Issuer Credit Ratings of QBE Insurance Group Limited and Its Subsidiaries
Business Wire - Thu Dec 12, 10:36AM CST
A.M. Best Europe - Rating Services Limited has downgraded the issuer credit ratings (ICR) to "a" from "a+" and affirmed the financial strength ratings (FSR) of A (Excellent) of QBE Insurance (Europe) Limited (United Kingdom), QBE Re (Europe) Limited (United Kingdom) and QBE Insurance (International) Limited (Australia). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the non-operating holding company of the QBE group of companies. A.M. Best also has downgraded QBE's ICR and senior debt ratings to "bbb" from "bbb+", as well as the debt ratings of the perpetual preferred securities to "bb+" from "bbb-". The outlook for the FSR has been revised to negative from stable, while the outlook for all ICRs and debt ratings remains negative. (See below for a detailed list of the debt ratings.)
Motorcycle Insurance in Australia Industry Market Research Report Now Available from IBISWorld
PRWeb - Thu May 02, 9:03AM CDT
Despite a spate of financial shocks and a recovering economy, the Motorcycle Insurance industry has been accelerating at a comfortable pace over the five years through 2012-13. Consumers have taken up motorcycles as the increasing world price of crude oil has made the upkeep of cars tougher. According to IBISWorld industry analyst Ryan Lin, "more people adopting motorcycles as their main form of transport has provided a buffer against falling investment returns as a result of volatile financial markets." This trend has been most significant in coastal cities along Australia's eastern seaboard that have a large population concentration and high levels of traffic congestion and pollution. These conditions have prompted consumers to purchase motorcycles for increased manoeuvrability in large cities.
QBE announces 2012 results
PR Newswire - Tue Feb 26, 11:00AM CST
Following yesterday's release of QBE Insurance Group Limited 2012 results, QBE's North America operations announced its year-end results.
A.M. Best Affirms Ratings of Balboa Insurance Company and Its Subsidiaries
Business Wire - Thu Jan 24, 3:15PM CST
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of Balboa Insurance Company (Irvine, CA) and its wholly owned subsidiaries, Meritplan Insurance Company (Irvine, CA) and Newport Insurance Company (Phoenix, AZ), which operate under an intercompany reinsurance pooling agreement, collectively referred to as Balboa Insurance Group (Balboa). All companies are owned by the BA Insurance Group, Inc., which is ultimately owned by Bank of America Corporation (BAC). The outlook for all ratings is stable.
BestWeek: Panamanian Insurers Successfully Battle for Market Share in Competitive Environment
Business Wire - Mon Jan 14, 12:53PM CST
With 32 insurance companies fighting for market share in the tiny country of Panama, Panamanian insurers are holding their own against their global competitors, according to A.M. Best data compiled in this week's issue of BestWeek U.S./Canada as part of a continuing Latin America Market Spotlight feature.
