BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
DUBLIN, IrelandRating agent A.M. Best Co. Inc has assigned a financial strength rating of A+ to XL Re Europe Ltd. based in Dublin, the Republic of Ireland.
The rating action follows the announcement by Hamilton, Bermuda-based XL Capital Ltd. that it had received approval for a new, fully licensed European reinsurance company.
The companywhich was established with $1.5 billion (€1.2 billion) of capital and surpluswill serve as XL Capital Group's (Bermuda) European reinsurance platform, forming two new branches in the United Kingdom and France to assume the business previously underwritten by the U.K. branch of XL Re Ltd and XL Re Europe S.A. (France).
The outlook for the financial strength rating was said to be stable.