Coventry Continues To Lead The Life Settlement Industry

Coventry, the leading purchaser of life insurance policies in the secondary market, today was recognized by The Deal as the No. 1 life settlement provider of 2019. The league tables published by The Deal are a comprehensive review of secondary market life settlement transactions. The Deal credited Coventry, together with its affiliate Life Equity, with purchasing over 1,250 policies in 2019, more than three times as many policies as the nearest competitor. Coventry’s totals accounted...

AM Best Affirms Credit Ratings of M&C General Insurance Company Limited

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of M&C General Insurance Company Limited (M&C General) (Castries, St. Lucia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect M&C General’s balance sheet strength, which AM Best categorizes as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM). M&C General’s balance sheet strength is...

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