BestWeek: New Top Global Broker Rankings With a New Number One.OLDWICK, N.J. -- The 2007 ranking of the top global insurance brokers is featured in the new BestWeek U.S./Canada, and there is a new top dog. But how will the recent $2.1 billion acquisition of eighth ranked Hilb Rogal Hobbs & Co. by third ranked Willis Group Holding Ltd. affect the top 10? Also, in BestWeek U.S./Canada: --Travelers rose to fourth place in A.M. Best's ranking of the top 200 U.S. property/casualty groups, based on 2007 net premiums written. --Hartford boosted its assets by 10.5%, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. A.M. Best's ranking of the top 200 U.S. life/health groups, based on 2007 admitted assets. And in both editions of BestWeek: The Best's Global Insurance Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". finished the week of June 12 down 18.04% from a year ago. The composite index reflects the performance of 167 insurance stocks. The week's top stocks were Atlantic American Corp., Korean Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Co., Greenlight Capital Re Ltd., Specialty Underwriters' Alliance, RLI RLI Realtors Land Institute RLI Reserve Life Index (oil industry) RLI Rhodesian Light Infantry (Rhodesian Army Unit) RLI Retail & Leisure International RLI Resource List Interoperability Corp. The bottom five stocks were China Insurance International Holdings Co., United Fire & Casualty Co., Fidelity National Financial, Euler Hermes Euler Hermes International is a French credit insurance company owned by AGF which is also owned by European's Allianz SE. It claims to have 36% (2006) of the total credit insurance market. , and Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). Life Insurance Co. BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com. Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com. |
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