Company updates
A.M. Best has upgraded the financial strength rating and the issuer credit rating of CBL Insurance Limited (CBL). The outlook for each rating remains stable. This follows the group’s previous ratings upgrade in June 2015
Company updates
CBL’s full year performance was strong and surpassed guidance. The group’s IPO raised equity and bolstered regulatory capital while the main insurance subsidiary, CBL Insurance Limited’s rating was upgraded by agency AM Best
Company updates
CBL Corporation Limited (CBL) has produced another strong set of (1H15) results and continues to beat management forecasts
Week in review
RBA Governor suggests an easing bias, economic commentators suggest the US hold off on rate rises to enhance economic stability, Greece is downgraded, SCT Logistics launches $85m issue, CBL Corporation is upgraded and PMP reiterate their FY15 guidance
Company updates
Yesterday, a press release was issued detailing that Insurance credit rating agency A.M. Best has upgraded the financial strength rating of CBL Insurance Ltd (CBL) to B++ (Good) from B+ (Good) and the issuer credit rating to "bbb" from "bbb-". The outlook for the ratings has been revised to stable from positive
Company updates
CBL released its FY14 results to 31 December with operating profit up 92% on FY13
Company updates
CBL has largely achieved the financial performance it forecast when it issued its bonds in April
Company updates
The new bond is expected to settle and commence trading in the secondary market on or about 17 April 2014
Company research
CBL Corporation Limited (CCL) is a privately owned insurance / reinsurance Group that has been operating for more than 40 years