Unrated insurers
Drumm-owned business to pick up pieces following Eric withdrawal
Coast Underwriting is preparing to put an A-rated reinsurance programme in place to offset the fallout following the decision by the unrated European Risk Insurance Company to stop accepting new business, renewals or requests for coverage increases.
Unrated carrier Eric no longer accepting new business
The European Risk Insurance Company appears on the brink of collapse after advising it is no longer able to accept new business, renewals or requests for coverage increases.