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Tag: Insurance News

ICA and PIA call on Australia to reform land use to protect against natural hazards

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ICA and PIA call on Australia to reform land use to protect against natural hazards

The Insurance Council of Australia (ICA) and the Planning Institute of Australia (PIA), representing the insurance sector and urban planning professionals respectively, are calling on governments at all levels to address growing challenges in the housing market by reducing the risks associated with natural disasters. At the National Industry Roundtable on Land Use Planning and […]

AM Best assigns FSR and credit ratings to Martello Re

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AM Best assigns FSR and credit ratings to Martello Re

AM Best, a credit rating agency, has assigned Martello Re Limited, an insurance and reinsurance company based in Hamilton, Bermuda, a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of ‘a-‘ (Excellent), with the outlook for these ratings being stable. Martello Re’s robust balance sheet strength is primarily supported by its […]