Hermitage Hotel

Nashville's Hermitage Hotel Announces Holiday Happenings

Retrieved on: 
Tuesday, November 7, 2023
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NASHVILLE, Tenn., Nov. 7, 2023 /PRNewswire-PRWeb/ -- The Hermitage Hotel, Nashville's storied gathering place, has announced a festive calendar of holiday programming for the coming festive season. From special events and delectable culinary offerings to dazzling dIcor and luxurious accommodations, The Hermitage Hotel invites travelers and the local community to rejoice with family and friends this holiday season.

Key Points: 
  • NASHVILLE, Tenn., Nov. 7, 2023 /PRNewswire-PRWeb/ -- The Hermitage Hotel , Nashville's storied gathering place, has announced a festive calendar of holiday programming for the coming festive season.
  • From special events and delectable culinary offerings to dazzling dIcor and luxurious accommodations, The Hermitage Hotel invites travelers and the local community to rejoice with family and friends this holiday season.
  • Whether a Nashville resident or guest to Music City, celebrate with holiday traditions at the iconic Hermitage Hotel.
  • Throughout the month of December, rejoice in holiday spirit in The Hermitage lobby with a plethora of holiday festivities for the whole family.

Preferred Hotels & Resorts Announces 2023 Awards of Excellence and GIFTTS Pineapple Awards Winners

Retrieved on: 
Saturday, May 20, 2023
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NEW YORK, May 20, 2023 /PRNewswire-PRWeb/ -- Preferred Hotels & Resorts, the world's largest independent hotel brand, is pleased to announce the winners of its 2023 Preferred Awards of Excellence and GIFTTS Pineapple Awards. The awards were presented yesterday at Half Moon, a member of the brand's Legend Collection in Montego Bay, Jamaica, at the closing ceremony of the 2023 Preferred Global Conference. With the Preferred brand in its 55th year, and the conference theme Heart of Hospitality chosen to convey the collective passion for service shared by attendees, the 2023 awards reflected the brand's long held commitment to independent hotels and turned the spotlight on the sustainability and philanthropic efforts of its member properties.

Key Points: 
  • Preferred Hotels & Resorts, the world's largest independent hotel brand, is pleased to announce the winners of its 2023 Preferred Awards of Excellence and GIFTTS Pineapple Awards.
  • NEW YORK, May 20, 2023 /PRNewswire-PRWeb/ -- Preferred Hotels & Resorts , the world's largest independent hotel brand, is pleased to announce the winners of its 2023 Preferred Awards of Excellence and GIFTTS Pineapple Awards.
  • These awards celebrate exceptional actions in the areas of philanthropy, environment, and community as part of Preferred Hotels & Resorts' GIFTTS program.
  • These awards recognize member hotels that epitomize excellence within the Preferred Hotels & Resorts portfolio of over 650 hotels, resorts, and residences, and inspire the global travel community to pursue #ThePreferredLife.

Best’s Market Segment Report: Life/Annuity and Health Reinsurers Remain Well Capitalized Despite Elevated Mortality

Retrieved on: 
Friday, September 9, 2022
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However, according to a new AM Best report, these reinsurers have remained well capitalized throughout the pandemic.

Key Points: 
  • However, according to a new AM Best report, these reinsurers have remained well capitalized throughout the pandemic.
  • The new Bests Market Segment Report, Life/Annuity & Health Reinsurers Remain Well Capitalized as They Face Elevated Mortality, is part of AM Bests month-long look at the global reinsurance industry ahead of Rendez-Vous de Septembre in Monte Carlo.
  • According to this report, life and health reinsurers earnings in 2021 suffered from adverse mortality trends, although the overall impact on the profits of the life and health segments varies.
  • To access the full copy of this market segment report, which includes additional sub-rankings for life and non-life reinsurers, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=323761 .

Best's Market Segment Report: European Big Four Reinsurers’ Appetite for Property Catastrophe Reduced but Not Lost

Retrieved on: 
Monday, September 5, 2022
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A new Best's Market Segment Report, "Global Reinsurance The European Big Four," notes that the absence of significant adverse development from non-life COVID-19 losses contributed to an improved combined ratio for the Big Four in 2021.

Key Points: 
  • A new Best's Market Segment Report, "Global Reinsurance The European Big Four," notes that the absence of significant adverse development from non-life COVID-19 losses contributed to an improved combined ratio for the Big Four in 2021.
  • Nevertheless, the five-year average combined ratio remains elevated, reflecting a period with significant natural catastrophe and man-made losses.
  • Life reinsurance performance continues to be adversely affected by excess mortality, particularly from U.S. exposures.
  • AM Bests report also examines the Big Fours role in the evolving global reinsurance market.

AM Best Publishes Extensive Review of Global Reinsurance Industry; Analysis Reveals Vastly Uneven Experiences for Key Players

Retrieved on: 
Wednesday, August 31, 2022
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Now available in one comprehensive report, featuring exclusive extra content, AM Bests in-depth analysis of key segments and regional markets across the global reinsurance industry reveals a bevy of challenges.

Key Points: 
  • Now available in one comprehensive report, featuring exclusive extra content, AM Bests in-depth analysis of key segments and regional markets across the global reinsurance industry reveals a bevy of challenges.
  • The data and analysis behind AM Bests highly regarded ranking of the 50 largest reinsurance groups.
  • For all of AM Bests research on the global reinsurance industry, please visit Bests Research .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Best's Market Segment Report: Despite Lloyd’s Improving Underlying Results, Inflation and Conflict Are Significant Headwinds

Retrieved on: 
Tuesday, August 30, 2022
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The considerable remedial and modernisation work being carried out within the Lloyd's market, along with strong underlying market conditions, should be positive for its future performance, according to a new AM Best report.

Key Points: 
  • The considerable remedial and modernisation work being carried out within the Lloyd's market, along with strong underlying market conditions, should be positive for its future performance, according to a new AM Best report.
  • The new Best's Market Segment Report, Despite Lloyds Improving Underlying Results, Inflation and Conflict are Significant Headwinds, is part of AM Bests look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo.
  • The report also notes that the Lloyd's market faces significant headwinds.
  • The conflict between Russia and Ukraine has produced material claims uncertainty, particularly for specialty underwriters.

Best’s Market Segment Report: Major Asia-Pacific Reinsurers Deliver Stable Performances Amid Growing Competition and Uncertainty

Retrieved on: 
Monday, August 29, 2022
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The new Bests Market Segment Report, Asia-Pacifics Major Reinsurers Deliver Stable Performances Amid Growing Competition and Uncertainty, is part of AM Bests month-long look at the global reinsurance industry ahead of Rendez-Vous de Septembre in Monte Carlo.

Key Points: 
  • The new Bests Market Segment Report, Asia-Pacifics Major Reinsurers Deliver Stable Performances Amid Growing Competition and Uncertainty, is part of AM Bests month-long look at the global reinsurance industry ahead of Rendez-Vous de Septembre in Monte Carlo.
  • While the loss ratio shows an increasing trend, it is offset by a decreasing expense ratio, resulting in a stable combined ratio that has hovered around the break-even point.
  • However, many major regional reinsurers investment portfolios lack geographic diversification, and investment returns are highly correlated with the home markets capital market volatility.
  • AM Best is of the view that capacity in the insurance-linked securities (ILS) market can also support regional reinsurers in capturing rate hardening opportunities.

Best’s Market Segment Report: Supply and Demand Dynamics on Full Display in Insurance-Linked Securities Market

Retrieved on: 
Thursday, August 25, 2022
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The Bests Market Segment Report, Supply and Demand Dynamics on Full Display in the Insurance-Linked Securities Market, is part of AM Bests month-long look at the global reinsurance industry ahead of Rendez-Vous de Septembre in Monte Carlo.

Key Points: 
  • The Bests Market Segment Report, Supply and Demand Dynamics on Full Display in the Insurance-Linked Securities Market, is part of AM Bests month-long look at the global reinsurance industry ahead of Rendez-Vous de Septembre in Monte Carlo.
  • In this new report on the ILS sector, AM Best states that it expects that the impact of the COVID-19 pandemic on the ILS market to remain limited.
  • However, the pandemic continues to be an issue in Europe, where contract wording was less precise.
  • Main topics also covered in the report include:
    Demand for reinsurance capital (traditional and ILS) is increasing, while the supply of capital remains constrained, driving rates higher.

Best’s Market Segment Special Report: U.S.-Bermudian Reinsurers Benefit as Market Conditions Improve

Retrieved on: 
Wednesday, August 24, 2022
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The new Bests Market Segment Report, U.S.-Bermudian Reinsurers Benefit as Market Conditions Improve, is part of AM Bests look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo.

Key Points: 
  • The new Bests Market Segment Report, U.S.-Bermudian Reinsurers Benefit as Market Conditions Improve, is part of AM Bests look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo.
  • According to this report, the population of U.S.-Bermudian reinsurers posted a combined ratio of 95.8 in 2021, representing a six-percentage-point improvement over the prior year.
  • Favorable reserve development is expected to continue, as the report notes that COVID-19 claims development has been less than expected.
  • In addition, a significant amount of these COVID-19 claims reserves are still incurred but not reported (IBNR).

Best’s Market Segment Special Report: Dedicated Reinsurance Capital Growth of 2021 May Not Continue

Retrieved on: 
Monday, August 22, 2022
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Dedicated reinsurance capacity in 2021 increased to $568 billion, driven by an increase of nearly 11% from traditional reinsurance capacity providers.

Key Points: 
  • Dedicated reinsurance capacity in 2021 increased to $568 billion, driven by an increase of nearly 11% from traditional reinsurance capacity providers.
  • The new Bests Market Segment Report, Dedicated Reinsurance Capital Growth of 2021 May Not Continue, is part of AM Bests look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo.
  • According to this report, the expectation for 2022 is that total dedicated capital will slide back after a decade of year-over-year increases, driven by reductions in traditional reinsurance capital.
  • AM Best determines traditional reinsurance capital; Guy Carpenter determines third-party capital.