paid the plaintiff an amount $27,000 less than the
In addition, the ratings of RSUI
could be upgraded over time should Fitch consider the ratings core relative to the ratings of Transatlantic.
The ratings and revised outlook of RSUI
reflect its continued strong capitalization, excellent historical underwriting profitability and the benefits it derives from being part of Alleghany.
Analysts expected more disposals in the near future, with its US insurance unit RSUI
widely tipped as the next unit to be sold.
Its American business RSUI
is first to be sold and plans include the flotation of most of R&SA's Asia Pacific operations as part of its new strategy of concentrating on general insurance.
Dave Leonard, NAPSLO Vice President and chairman and CEO of RSUI
Group, believes that many retail agents do understand the value the wholesale broker brings to an insurance transaction.
Insurer(s): Ace, Admiral, AIU, Arch, Axis, Colony, Endurance, First Mercury, Gemini, Ironshore, Markel, Maxum, Nautilus, Northland, RSUI
Lassiter, CEO and chairman of RSUI
Group in Atlanta; and Francis Moloney, assistant director of AHJ, Ltd.
It will sell a US insurance business, RSUI
, and float off the majority of its Asian-Pacific operations.
a leading global property / casualty reinsurer; RSUI
The chairman and CEO of Atlanta-based RSUI
Group, Leonard began his career in the P&C insurance industry in 1979.
, XL, ACE Westchester, Chubb Executive Risk, AIG.