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The ratings reflect its balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management

Insurance industry veterans Christine Dandridge and Matthew J Adams take the number of directors up to 11

The upgraded companies are Talcott's connecticut-based companies

The industry veteran is to succeed Nikolaus von Bomhard in the post effective January 1

Court filings allege money spent by the debtors is tantamount to gambling with the recovery owed to unsecured creditors

KBRA noted that the Covid-19 pandemic and other events have led to increased awareness for the financial guaranty product

The transaction is subject to regulatory approvals and other conditions of closing

First transaction reinsures longevity and asset risks associated with UK pension liabilities of a leading UK-regulated insurer

Appointee was most recently head of UK Actuarial at Aon

Bermudian-based (re)insurer has prioritised deepening its relationships in the region