NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating of "BBB” with Stable Outlook to surplus notes (“Notes”) to be issued by Clear Blue Specialty Insurance Company (CBSIC) (KBRA Insurance ...
The New 2077 Surplus Notes being offered in the Exchange Offer will be a further issuance of, and will be in addition to, the 4.850% Surplus Notes due 2077 which Guardian issued for cash on January 24 ...
NEW YORK--(BUSINESS WIRE)--KBRA assigns a rating of "BBB+” with Stable Outlook to $175 million 7.75% surplus notes due 2045 (“Notes”) issued by Venerable Insurance and Annuity Company (VIAC) and $175 ...
The Best’s Special Report, “Hard Reinsurance Market Makes Surplus Notes Attractive for Some,” states that while the growth in surplus notes has been somewhat muted since 2022, through third-quarter ...
OLDWICK, N.J., June 05, 2026--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of "aa" (Superior) to the recently announced $1.25 billion, 6.05% surplus notes, due ...
OLDWICK, N.J., June 12, 2026--(BUSINESS WIRE)--AM Best has issued a correction to the previously published assignment of a Long-Term Issue Credit Rating (Long-Term IR) of "aa" (Superior) of the ...
AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the $25 million, 7.155% surplus notes, due January 13, 2046, issued by United Educators Insurance, a Reciprocal Risk ...
NEW YORK (Reuters) - Mounting concerns that MBIA Insurance Corp lacks enough capital to cover subprime bonds it insures have pushed $1 billion of surplus notes recently issued by the company down ...
NEW YORK, Jan 17 (Reuters) - MBIA Insurance Corp's recently issued $1 billion of surplus notes plunged on Thursday to about 80 cents on the dollar, down from 90 cents on Wednesday, according to an ...
AM Best has issued a correction to the previously published assignment of a Long-Term Issue Credit Rating (Long-Term IR) of “aa” (Superior) of the forthcoming $2 billion, 30-year surplus notes, issued ...
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