AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” of Oil Casualty Insurance, Ltd [OCIL] [Hamilton, Bermuda]. AM Best also has affirmed ...
Bermudian-based Oil Casualty Insurance Ltd has reported a net loss for the 2018 fiscal year of $39 million, breaking a string of seven consecutive years of net profits. The mutual insurer of ...
LONDON, Aug 11 (Reuters) - Insurer Oil Casualty Insurance Ltd (OCIL) is offering to repurchase part of its Avalon Re [AVLON.UL] catastrophe bond, a payout on which is close to being triggered, at a ...
LONDON, Sept 9 (Reuters) - Oil Casualty Insurance Ltd (OCIL) has bought back $7 million of its Avalon Re [AVLON.UL] catastrophe bond, a payout on which is close to being triggered, under a tender ...