AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "aa+" (Superior) of Transatlantic Reinsurance Company and its subsidiaries (collectively referred to as TransRe). In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of "a+" (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in New York, NY. (See below for a detailed listing of the companies and ratings.) The ratings reflect TransRe's balance sheet strength, which AM Best assesses as

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of "aa-" (Superior) of MLMIC Insurance Company (MLMIC) (Albany, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MLMIC's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings benefit from the financial support provided by MLMIC's direct parent company, National Indemnity Company (NICO), which is ultimately owned by Berkshire Hathaway Inc. (NYSE:BRK). MLMIC has a long track record of favorable reserve development and

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of "aa-" (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement. These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and domiciled in Omaha, NE. The Credit Ratings (ratings) reflect GUARD's balance sheet strength, which AM Best assesses at the strongest level, as well as its adequate operating performance, neutral business profile and app

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of General Reinsurance Corporation (headquartered in Stamford, CT) and its core property/casualty (P/C) and life (re)insurance subsidiaries operating in the United States and internationally. These companies collectively are known as General Re Group (Gen Re). (Please see below for a detailed listing of these companies and Credit Ratings [ratings].) In addition, AM Best has affirmed the Long-Term ICR of "aa+" (Superior) of General Re Corporation (Delaware). The outlook of these ratings is stable. The ratings reflect Gen Re's balance sheet s

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of "aa-" (Superior) of Central States Indemnity Co. of Omaha (CSI), and its subsidiary, CSI Life Insurance Company (CSI Life). The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Omaha, NE. The ratings reflect CSI's and CSI Life's balance sheet strength, which AM Best assesses as strongest, as well as their adequate operating performance, limited business profile and appropriate enterprise risk management. Additionally, CSI and CSI Life benefit from their very conservative underwriting leverage, above average liquidity position and the implicit s

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of "aa+" (Superior) of United States Liability Insurance Company (USLI) and its subsidiaries: Mount Vernon Fire Insurance Company; U.S. Underwriters Insurance Company (Bismarck, ND); Mount Vernon Specialty Insurance Company; and Radnor Specialty Insurance Company. The outlook of these Credit Ratings (ratings) is stable. All companies are domiciled in Omaha, NE, unless otherwise specified. The ratings reflect the insurance operating companies' consolidated balance sheet strength, which AM Best assesses as strongest, as well as their very strong operating performance, neutral busines

LONDON, Aug. 13, 2024 /PRNewswire/ -- Proximity, home of the award-winning Retail Super-App, is thrilled to announce a partnership with US-based Helzberg Diamonds, one of the most renowned and respected jewelry retailers in the industry. Proximity's clienteling platform was successfully launched across all Helzberg store locations earlier this summer, and is designed to empower Sales Associates to deliver a hyper-personalised and seamless service to their customers at every touchpoint. By connecting customer data and using innovative technology to power personalization and provide endless aisle capabilities, Proximity's Retail Super-App transforms how brands engage with and sell to their cu

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of "aa+" (Superior) of the members of MedPro Group (MedPro). These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN) and its affiliates: Princeton Insurance Company (Princeton, NJ); PLICO, Inc. (Oklahoma City, OK); Wellfleet Insurance Company (Fort Wayne, IN); and Wellfleet New York Insurance Company (Flushing, NY); as well as MedPro's two reinsured affiliates, MedPro RRG Risk Retention Group and AttPro RRG Reciprocal Risk Retention Group (both domiciled in the District of Columbia). The outlook of these ratings is stable. The ratings reflect MedPro'

Incumbent candidates re-elected to three-year term COLUMBUS, Ohio, June 11, 2024 /PRNewswire/ -- The NJASAP Membership has made its mandate clear by re-electing Capt. Pedro Leroux to a fourth consecutive term as the Union president with more than 80% of ballots cast in support of his candidacy. An independent labor advocate, the NetJets Association of Shared Aircraft Pilots (NJASAP) represents the professional interests of the pilots who fly in the service of NetJets Aviation Inc., a Berkshire Hathaway company (NYSE:BRK). The NJASAP Membership has issued a mandate, re-electing

Union views lawsuit as effort to silence discussion of safety, maintenance, pilot training concerns COLUMBUS, Ohio, June 5, 2024 /PRNewswire/ -- On Monday, the NetJets Association of Shared Aircraft Pilots (NJASAP) received notice that NetJets had filed a surprise lawsuit in the Franklin County Court of Common Pleas, alleging the Union has defamed the Fractional in statements regarding safety, maintenance and pilot training concerns dating back almost a year. An independent labor advocate, NJASAP represents the interests of the 3,400-plus pilots who fly in the service of NetJets Aviation, Inc. a Berkshire Hathaway (NYSE:BRK) company.

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of General Reinsurance Corporation (headquartered in Stamford, CT) and its core property/casualty (P/C) and life (re)insurance subsidiaries operating in the United States and internationally. These companies collectively are known as General Re Group (Gen Re). (Please see below for a detailed listing of these companies and Credit Ratings [ratings].) In addition, AM Best has affirmed the Long-Term ICR of "aa+" (Superior) of General Re Corporation (Delaware). The outlook of these ratings is stable. The ratings reflect Gen Re's balance sheet s

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of General Reinsurance Corporation (headquartered in Stamford, CT) and its core property/casualty (P/C) and life (re)insurance subsidiaries operating in the United States and internationally. These companies collectively are known as General Re Group (Gen Re). (Please see below for a detailed listing of these companies and Credit Ratings [ratings].) In addition, AM Best has affirmed the Long-Term ICR of "aa+" (Superior) of General Re Corporation (Delaware). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Gen Re'

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of Finial Reinsurance Company (Stamford, CT), an indirect subsidiary of Berkshire Hathaway Inc. (Berkshire) (NYSE:BRK). The outlook of these Credit Ratings (ratings) is stable. The ratings of Finial Reinsurance Company reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also reflect Finial Reinsurance Company's strongest level of risk-adjusted capitalization, as measured by Best's Capital Ad

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of "aa-" (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement. These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and domiciled in Omaha, NE. The Credit Ratings (ratings) reflect GUARD's balance sheet strength, which AM Best assesses at the strongest level, as well as its adequate operating performance, neutral business profile and app

BALA CYNWYD, Pa., May 17, 2021 (GLOBE NEWSWIRE) -- Global Indemnity Group, LLC (NASDAQ:GBLI) (the "Company"), parent company of specialty property and casualty insurance providers Penn-America Group®, United National Group®, Diamond State Group®, American Reliable Insurance Company®, and Collectibles Insurance Services™ today announced the appointment of Reiner R. Mauer as the chief operations officer of Global Indemnity's insurance businesses and the Company's principal operating officer. Mr. Mauer is a 29-year veteran property & casualty insurance industry senior executive, with expertise in commercial and personal lines insurance, specialty insurance and operations. Prior to joining Gl