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Oil Insurance's debenture issue awarded A2 rating by agency.
(From Lloyds List)
Business Briefs
MOODY'S Investors Service has assigned an A2 rating to $300m of deferrable sub- ordinated debentures issued by Oil Insurance, the energy industry mutual, writes James Brewer.
Net proceeds from the offering are to be used for general corporate purposes, including contributions to investment subsidiary Oil Investment Corporation.
ONE of the top providers of e-commerce trading for reinsurers, eReinsure, has won support from the world's biggest insurance company, American International Group, writes James Brewer .
AIG member companies are to implement the eReinsure system for facultative reinsurance …
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