Credit Ratings Monitor
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Directors Guild of America, Inc. National Commercial Agreement of 2017
DIRECTORS GUILD OF AMERICA, INC. NATIONAL COMMERCIAL AGREEMENT OF 2017 TABLE OF CONTENTS Page WITNESSETH: 1 ARTICLE 1 RECOGNITION AND GUILD SHOP 1-100 RECOGNITION AND GUILD SHOP 1-101 RECOGNITION 2 1-102 GUILD SHOP 2 1-200 DEFINITIONS 1-201 COMMERCIAL OR TELEVISION COMMERCIAL 4 1-202 GEOGRAPHIC SCOPE OF AGREEMENT 5 1-300 DEFINITIONS OF EMPLOYEES RECOGNIZED 1-301 DIRECTOR 5 1-302 UNIT PRODUCTION MANAGERS 8 1-303 FIRST ASSISTANT DIRECTORS 9 1-304 SECOND ASSISTANT DIRECTORS 10 1-305 EXCLUSIVE JURISDICTION 10 ARTICLE 2 DISPUTES 2-101 DISPUTES 10 2-102 LIQUIDATED DAMAGES 11 2-103 NON-PAYMENT 11 2-104 ACCESS AND EXAMINATION OF BOOKS 11 AND RECORDS ARTICLE 3 PENSION AND HEALTH PLANS 3-101 EMPLOYER PENSION CONTRIBUTIONS 12 3-102 EMPLOYER HEALTH CONTRIBUTIONS 12 i 3-103 LOAN-OUTS 12 3-104 DEFINITION OF SALARY FOR PENSION 13 AND HEALTH CONTRIBUTIONS 3-105 REPORTING CONTRIBUTIONS 14 3-106 TRUST AGREEMENTS 15 3-107 NON-PAYMENT OF PENSION AND HEALTH 15 CONTRIBUTIONS 3-108 ACCESS AND EXAMINATION OF BOOKS 16 RECORDS 3-109 COMMERCIAL INDUSTRY ADMINISTRATIVE FUND 17 ARTICLE 4 MINIMUM SALARIES AND WORKING CONDITIONS OF DIRECTORS 4-101 MINIMUM SALARIES 18 4-102 PREPARATION TIME - DIRECTOR 18 4-103 SIXTH AND SEVENTH DAY, HOLIDAY AND 19 LAYOVER TIME 4-104 HOLIDAYS 19 4-105 SEVERANCE PAY FOR DIRECTORS 20 4-106 DIRECTOR’S PREPARATION, COMPLETION 20 AND TRAVEL TIME 4-107 STARTING DATE 21 4-108 DIRECTOR-CAMERAPERSON 21 4-109 COPY OF SPOT 21 4-110 WORK IN EXCESS OF 18 HOURS 22 4-111 PRODUCTION CENTERS 22 ARTICLE 5 STAFFING, MINIMUM SALARIES AND WORKING CONDITIONS -
A. M. Best Company
AMB #: 085202 - Lloyd's 1. The Symbol, Number, or Score in the Rating Scale used to Denote the Credit Rating Categories and Notches as required by Paragraph (a)(1)(ii)(A) of Rule 17g-7 Lloyd's AM Best #: 085202 NAIC #: N/A FEIN #: AA-1122000 Financial Strength Rating View Definition Rating: A (Excellent) Financial Size Category: XV ($2 Billion or Greater) Outlook: Stable Action: Affirmed Effective Date: July 21, 2021 Initial Rating Date: October 1, 1997 Long-Term Issuer Credit Rating View Definition Long-Term: a+ Outlook: Stable Action: Affirmed Effective Date: July 21, 2021 Initial Rating Date: August 12, 2004 ( i ) Denotes Indicative Rating u Denotes Under Review Rating pca Best's Preliminary Credit Assessment is an independent opinion on the relative general credit strengths and weaknesses of an issuer, obligor, security, or a proposed transaction or financing structure primarily based on business plans, term sheets, and AM Best's expectations relative to the execution of such business plans. AM Best does not define a PCA as a Credit Rating; however, the assessment is expressed using the existing Best's Credit Rating scales. Best's Credit Rating Analyst Rating Issued by: A.M. Best Europe - Rating Services Ltd. 6th Floor, 12 Arthur Street, London EC4R 9AB United Kingdom +44 20 7626 6264 Associate Director : Jessica Botelho +44 20 7626 6264 Director-Analytics : Timothy Prince Page 1 of 16 AMB #: 085202 - Lloyd's 2. The Version of the Procedure or Methodology used to Determine the Credit Rating as required by Paragraph (a)(1)(ii)(B) of Rule 17g-7 Rating Methodology and Criteria Report: Version The following Methodologies and Criteria Procedures were used at the time of and the basis for the proposed rating Best's Credit Rating Methodology 11/13/2020 Catastrophe Analysis in A.M. -
Company Profile Second Quarter 2021
Chubb Limited Chubb Group Company Profile Bärengasse 32 1133 Avenue of the Americas CH-8001 Zurich New York, NY 10036 Second Quarter 2021 Switzerland Tel: +1 212.827.4400 Six months ended June 30, 2021 Tel: +41 (0)43 456 76 00 NYSE: CB chubb.com Overview Balanced, Diversified Leader Chubb is the world’s largest publicly traded — A global leader in traditional and specialty property and casualty insurer, providing P&C coverage for industrial commercial and commercial and personal property and casualty mid-market companies insurance, personal accident and supplemental — The largest commercial lines insurer in the health insurance, reinsurance and life insurance U.S. and one of the largest financial lines — As an underwriting company, we assess, writers globally. assume and manage risk with insight and — The leading personal lines insurer for discipline America’s successful individuals and families and a large personal lines provider globally — We service and pay our claims fairly and promptly — A global leader in personal accident and supplemental health insurance — Chubb operates in 54 countries and territories, — A P&C reinsurer approximately 31,000 employees serving a diverse group of clients worldwide — An international life insurer focused on Asia Financial Snapshot (FY 2020) Premium Distribution by Product* 3% Global Reinsurance Gross premiums written $41.3 billion Agriculture 4% Global A&H Large Corporate Commercial P&C Net premiums written $33.8 billion and Life 20% 14% 3% Global Reinsurance Net income $3.5 billion Agriculture 4% -
Notary's Register No. 10580 Serial No. 7205 MINUTES
Notary’s Register no. 10580 Serial no. 7205 MINUTES OF THE ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING OF "UniCredit, società per azioni" REPUBLIC OF ITALY On the thirteenth day of May in the year two thousand and fifteen at 10.05 AM In Rome at no. 180 Viale Umberto Tupini This 13 May 2015 At the request of "UniCredit, società per azioni", the Holding Company of the UniCredit Banking Group, a member of the Register of Banking Groups code no. 02008.1, and of the Interbank Deposit Protection Fund and the National Compensation Fund, with Registered Office in Rome, at no. 16 Via Alessandro Specchi, and Head Office in Milan, at 3 Piazza Gae Aulenti, with share capital of Euro 19,960,518,108.04, fully paid-up, membership number in the Rome Trade and Companies Register, Tax Code, and VAT number 00348170101 (R.E.A. RM 1179152). I, Mr. SALVATORE MARICONDA, Notary Public resident in Genzano di Roma, a registered member of the Notary District Boards of - 1 - Rome, Velletri and Civitavecchia, did on the aforesaid day and time go to Rome, no. 180 Viale Umberto Tupini, to assist and draw up the minutes of the resolutions taken by the Shareholders’ Meeting of the requesting Company as called at the aforesaid premises, at 10.00 AM in a single call for the ordinary and extraordinary sessions, in order to discuss and resolve the following Agenda: Ordinary Part 1. Approval of the UniCredit S.p.A. individual financial statements as at December 31, 2014, accompanied by the Reports of the Directors and of the Auditing Company; Board of Statutory Auditors Report. -
Part VII Transfers Pursuant to the UK Financial Services and Markets Act 2000
PART VII TRANSFERS EFFECTED PURSUANT TO THE UK FINANCIAL SERVICES AND MARKETS ACT 2000 www.sidley.com/partvii Sidley Austin LLP, London is able to provide legal advice in relation to insurance business transfer schemes under Part VII of the UK Financial Services and Markets Act 2000 (“FSMA”). This service extends to advising upon the applicability of FSMA to particular transfers (including transfers involving insurance business domiciled outside the UK), advising parties to transfers as well as those affected by them including reinsurers, liaising with the FSA and policyholders, and obtaining sanction of the transfer in the English High Court. For more information on Part VII transfers, please contact: Martin Membery at [email protected] or telephone + 44 (0) 20 7360 3614. If you would like details of a Part VII transfer added to this website, please email Martin Membery at the address above. Disclaimer for Part VII Transfers Web Page The information contained in the following tables contained in this webpage (the “Information”) has been collated by Sidley Austin LLP, London (together with Sidley Austin LLP, the “Firm”) using publicly-available sources. The Information is not intended to be, and does not constitute, legal advice. The posting of the Information onto the Firm's website is not intended by the Firm as an offer to provide legal advice or any other services to any person accessing the Firm's website; nor does it constitute an offer by the Firm to enter into any contractual relationship. The accessing of the Information by any person will not give rise to any lawyer-client relationship, or any contractual relationship, between that person and the Firm. -
Guild Insurance Selects Guidewire to Modernize Core Insurance Systems
Guild Insurance Selects Guidewire to Modernize Core Insurance Systems November 28, 2007 Guidewire products to help Australian insurer transform and strengthen customer-centric business model VICTORIA, Australia and SAN MATEO, Calif., November 28, 2007: Guild Insurance Limited, one of Australia’s pre-eminent suppliers of property and casualty insurance products and services to niche markets, and Guidewire Software®, a leading global provider of solutions to property and casualty insurance and workers compensation companies, today announced that Guild Insurance has selected Guidewire to help modernize its core insurance systems. Upon deployment of this phased multi-year implementation, Guidewire’s software will fully replace Guild’s current end-to-end claims handling, policy administration, billing and reinsurance solutions. A significant percentage of these functions are performed manually today, so the implementation of the Guidewire solution will mark a fundamental change in the way Guild is able to operate its business. The implementation project will begin with claim system replacement which is currently underway and scheduled for deployment in late 2008. “Guild is a very customer-centric organization; our current systems were hindering our ability to fully deliver on our strategic vision,” said David Brown, General Manager, Guild Insurance. “Guidewire will enable us to transform and grow our business, operate and add new products more flexibly and above all, provide even better service to our clients.” With Guidewire, Guild will gain the ability to: Fundamentally change the way it does business through process flow automation and a flexible rules-driven architecture; Operate its business more in line with its founding customer-centric principles; Systemize and standardize its processes to gain efficiency and improved governance capabilities; and Readily integrate core systems to all associated applications. -
MENA Insurance Pulse 2018
MENA Insurance Pulse 2018 An Annual Market Survey Contributing sponsors Prepared by Contributing sponsors In media partnership with MENA Insurance Pulse 2018 For more information about the report, please contact: Dr. Schanz, Alms & Company Dufourstrasse 24 CH-8008 Zurich Switzerland Telephone: +41 44 256 10 80 Email: [email protected] Website: www.schanz-alms.com To download a soft copy of the report, please visit: www.pulse.schanz-alms.com © 2018 Dr. Schanz, Alms & Company All rights reserved. No part of this publication may be reproduced, republished, uploaded, posted, framed, modified, sold, transmitted or otherwise distributed in any way, without the prior written permission of the publisher. MENA Insurance Pulse 2018 Contents Foreword 4 Tunisia’s insurance sector continues on its growth trajectory 5 Methodology 7 Summary of Key Findings 8 Key Pulse Readings 9 Market Overview 13 Survey Results 25 1. The overall perspective: Strengths, weaknesses, 25 opportunities and threats of MENA insurance markets 2. General insurance market status and outlook 33 3. Lines of business-specific prospects 41 4. Key market trends and drivers 45 From our partners Meeting new insurance demands in the sharing economy 18 A local presence, regional and Arab intervention capabilities 20 Innovative products help address MENA’s low insurance penetration 22 3 MENA Insurance Pulse 2018 Foreword We are pleased to present the sixth edition of MENA Insurance Pulse. This annual research initiative is aimed at offering an authoritative overview of the current state and future prospects of the region’s US$ 58 billion primary insurance markets. It paints a comprehensive and quantitative picture of the current market sentiment, tracked over time. -
AM Best's Credit Ratings
AM Best September 2020* AM Best’s Credit Ratings SINCE 1899 *Credit Ratings included are effective as of 31st August 2020. Contains published Best’s (re)insurance ratings in over 90 countries, excluding USA AM Best’s Credit Ratings Country Totals Algeria . 1 Liechtenstein . 3 Anguilla . 2 Luxembourg . 13 Antigua and Barbuda . 1 Macau . 4 Argentina . 4 Malaysia . 8 Australia . 8 Malta . 6 Austria . 1 Mauritius . 1 Azerbaijan . 1 Mexico . 34 Bahamas . 8 Micronesia, Federated States of . 1 Bahrain . 9 Morocco . 1 Barbados . 22 Mozambique . 1 Belgium . 6 Netherlands . 2 Belize . 1 New Zealand . 33 Bermuda . 113 Nigeria . 4 Bosnia and Herzegovina . 1 Norway . 1 Brazil . 8 Oman . 1 British Virgin Islands . 1 Pakistan . 3 Canada . 148 Panama . 11 Cayman Islands . 23 Peru . 3 Chile . 1 Philippines . 5 China . 14 Poland . 1 Costa Rica . 2 Portugal . 1 Curaçao . 1 Puerto Rico . 26 Czech Republic . 1 Qatar . 3 Dominican Republic . 1 Russia . 4 Egypt . 5 Serbia, Republic Of . 1 El Salvador . 1 Sierra Leone . 1 Fiji . 1 Singapore . 16 France . 12 Slovenia . 3 Germany . 22 South Africa . 1 Ghana . 1 South Korea . 13 Gibraltar . 4 Spain . 12 Guam . 6 St . Kitts and Nevis . 1 Guatemala . 2 St . Lucia . 1 Guernsey . 7 St . Maarten . 1 Honduras . 1 Sweden . 3 Hong Kong . 16 Switzerland . 15 India . 2 Taiwan . 7 Indonesia . 4 Thailand . 5 Ireland . 26 Togo . 1 Isle of Man . 1 Trinidad and Tobago . 4 Italy . 7 Tunisia . 1 Jamaica . 2 Turkey . 1 Japan . 13 Turks and Caicos . 1 Jordan . 8 U .S . Virgin Islands . 3 Kazakhstan . 5 United Arab Emirates . 16 Kenya . -
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QATAR INSURANCE COMPANY S.A.Q. CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT FOR THE YEAR ENDED DECEMBER 31, 2016 QATAR INSURANCE COMPANY S.A.Q. CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT For the year ended December 31, 2016 INDEX Page Independent auditor’s report -- Consolidated statement of financial position 1 Consolidated statement of income 2 Consolidated statement of comprehensive income 3 Consolidated statement of changes in equity 4 Consolidated statement of cash flows 5 to 6 Notes to the consolidated financial statements 7 to 55 DRAFT QR. 31247 INDEPENDENT AUDITOR’S REPORT The Shareholders Qatar Insurance Company S.A.Q. Report on the Audit of the Consolidated Financial Statements Opinion We have audited the consolidated financial statements of Qatar Insurance Company S.A.Q. (the “Parent Company”) and its subsidiaries (together the “Group”), which comprise the consolidated statement of financial position as at December 31, 2016 and the consolidated statements of income, comprehensive income, changes in equity and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information. In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of the Group as at December 31, 2016, and its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standards (IFRSs). Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our report. -
786-1 Credit for Reinsurance Model Regulation
NAIC Model Laws, Regulations, Guidelines and Other Resources—Summer 2019 CREDIT FOR REINSURANCE MODEL REGULATION Table of Contents Section 1. Authority Section 2. Purpose Section 3. Severability Section 4. Credit for Reinsurance—Reinsurer Licensed in this State Section 5. Credit for Reinsurance—Accredited Reinsurers Section 6. Credit for Reinsurance—Reinsurer Domiciled in Another State Section 7. Credit for Reinsurance—Reinsurers Maintaining Trust Funds Section 8. Credit for Reinsurance––Certified Reinsurers Section 9. Credit for Reinsurance—Reciprocal Jurisdictions Section 10. Credit for Reinsurance Required by Law Section 11. Asset or Reduction from Liability for Reinsurance Ceded to Unauthorized Assuming Insurer Not Meeting the Requirements of Sections 4 Through 10 Section 12. Trust Agreements Qualified Under Section 11 Section 13. Letters of Credit Qualified Under Section 11 Section 14. Other Security Section 15. Reinsurance Contract Section 16. Contracts Affected Form AR-1 Certificate of Assuming Insurer Form CR-1 Certificate of Certified Reinsurer Form RJ-1 Certificate of Reinsurer Domiciled in Reciprocal Jurisdiction Form CR-F Form CR-S Section 1. Authority This regulation is promulgated pursuant to the authority granted by Sections [insert applicable section number] and [insert applicable section number] of the Insurance Code. Section 2. Purpose The purpose of this regulation is to set forth rules and procedural requirements that the commissioner deems necessary to carry out the provisions of the [cite state law equivalent to the Credit for Reinsurance Model Law (#785)] (the Act). The actions and information required by this regulation are declared to be necessary and appropriate in the public interest and for the protection of the ceding insurers in this state. -
London and Bermuda Attract Capital As Insurance Market
London Market and Bermuda BEST’S SPECIALOur R Insight,EPORT Your Advantage. Financial Review February 24, 2021 London and Bermuda Attract Capital as Insurance Market Conditions Improve Principal Takeaways Bermudian • 2020 saw a slew of capital raising activity from both existing insurance players and start- and London ups in London and Bermuda, looking to bolster balance sheets and to take advantage of perceived improvements in pricing and conditions. market • Private equity, industry capital and public placements have contributed to capital inflows. • New capital has been attracted by improving market conditions in a broad range of sectors insurers have in both primary and reinsurance markets. been able to • Third-party capital continues to flow into the insurance industry, but the pace has tempered. raise equity • The impact that the economic consequences of the pandemic will have on demand for with relative insurance is highly uncertain. • Economic volatility caused by COVID-19 may constrain M&A activity in the short term, but ease. longer term, consolidation pressures are likely. Expectations of a broad hardening in market conditions, as well as the desire to bolster balance sheets in in the face of uncertainty around COVID-19-related losses, underpinned much of the capital raising activity seen in 2020. Private equity, industry capital and public placements all contributed to the capital inflow, supporting the balance sheets of existing players, alongside some material scale-ups and a number of true start-ups. Listed carriers including Beazley, Hiscox, QBE, Lancashire and Renaissance Re tapped public equity and debt markets, while privately-owned Convex and Fidelis raised capital from new and existing shareholders. -
Summary of Insurance Cover
Key Insurance Policies - Summary ii. Non-Medicare medical costs are only reimbursed by this policy if incurred within 12 calendar months from the date of injury. Summary of (a) Property & Equipment Insurance Further details relating to the above benefits as well as the full policy conditions are Scout properties are insured under the program inclusive of contained in the Chubb Personal Accident Product Disclosure Statement & Policy Wording. To obtain a copy of the Wording, please contact Aon Australia. contents based on declared values. Insurance Cover Scout buildings are professionally valued and reviewed every three Trailers, Motor Vehicles & Boats 2019 years. Scouts Branch need to be advised of any capital improvements Scout Groups are able to insure trailers, motor vehicles and boats over $10,000 or if a variation in sum insured is requested for approval. registered to Scouts through the Scout Insurance program. It is the responsibility of the Scout Group to maintain inventory records and declare the sum insured figure for contents. It is the responsibility of Scout Groups to ensure Scout registered trailers, motor vehicles and boats are insured. Note that whilst a Excess trailer or motor vehicle may not be worth replacing, the public A $500 excess is payable by the Group for claims lodged under liability policy does not cover motor vehicles or detached trailers this policy. that may cause damage or injury to third parties. Insuring motor vehicles and trailers ensures that the public liability (b) Public and Products Liability Insurance exposure is covered. The Scout Public Liability policy provides This policy aims to provide public liability protection for the cover for boats up to 15 metres in length.