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Sep 10, 2018, 18:00 ET Oil Insurance Limited (OIL) Upgraded by Standard & Poor's to 'A' from 'A-' on Stronger Financial Risk Profile; Outlook Stable

HAMILTON, Bermuda, Sept. 10, 2018 /CNW/ - On Sept. 7, 2018, S&P Global Ratings raised its long-term financial strength and issuer credit ratings on OIL to 'A' from 'A-' and its issue-level rating to...


Mar 23, 2018, 18:00 ET Oil Insurance Limited (OIL) Declares $450 Million Dividend and Makes Minor Changes to the Shareholder Agreement

HAMILTON, Bermuda, March 23, 2018 /CNW/ - OIL held its 2018 Shareholder's Annual General Meeting (AGM) on Thursday, March 22nd at the Fairmont Southampton Bermuda. During the meeting, it conducted...


Mar 24, 2017, 15:16 ET Oil Insurance Limited (OIL) Declares $250 Million Dividend and Makes Minor Changes to Its Rating & Premium Plan

HAMILTON, Bermuda, March 24, 2017 /CNW/ - OIL held its 2017 Shareholder's Annual General Meeting (AGM) on Wednesday, March 22nd at the Hamilton Princess Hotel. During the meeting, it conducted the...


Feb 09, 2017, 14:57 ET Oil Insurance Limited (OIL) announces intention to eliminate offshore Gulf of Mexico Designated Named Windstorm coverage in 2018

HAMILTON, Bermuda, Feb. 9, 2017 /CNW/ - OIL announced to its shareholders on February 7, 2017 that commencing on January 1, 2018 the company will no longer offer Offshore Gulf of Mexico Designated...


Dec 14, 2016, 15:18 ET Oil Insurance Limited (OIL) Declares $200 Million Dividend and Authorizes Management to Implement its 2016 Strategic Plan

HAMILTON, Bermuda, Dec. 14, 2016 /CNW/ - At its December 2016 Board Meeting on Thursday, December 8th, the Board of Directors declared a $200 million dividend payable on or before December 31st, 2016....


Apr 04, 2016, 12:46 ET Oil Insurance Limited (OIL) Declares $200 Million Dividend and Finalizes Rating & Premium Plan Rewrite

HAMILTON, Bermuda, April 4, 2016 /CNW/ - OIL held its 2016 Shareholder's Annual General Meeting (AGM) on Thursday, March 31st at the Fairmont Southampton Hotel and conducted the review and approval...


Mar 30, 2015, 14:50 ET Oil Insurance Limited (OIL) Declares $400 Million Dividend and Announces First Asian Member

HAMILTON, Bermuda, March 30, 2015 /CNW/ - OIL held its 2015 Shareholder's Annual General Meeting (AGM) on Tuesday, March 24th at the Fairmont Southampton Hotel and conducted the review and approval...


Oct 15, 2014, 14:36 ET President and CEO of Oil Insurance Limited and Oil Casualty Insurance Ltd., Robert Stauffer Planned Retirement in 2016

HAMILTON, Bermuda, Oct. 15, 2014 /CNW/ - After more than a decade of successful and distinguished service in Bermuda as President and Chief Executive Officer of Oil Insurance Limited (OIL), and Oil...


Jul 29, 2014, 17:30 ET OIL Announces an Increase in per Occurrence Limits to $400 Million

HAMILTON, Bermuda, July 29, 2014 /CNW/ - At its July 23rd, 2014 Board of Directors meeting, Oil Insurance Limited (OIL) elected to increase its per occurrence limit from $300 million to $400 million...


Mar 31, 2014, 13:57 ET Oil Insurance Limited (OIL) Declares $300 Million Dividend and Passes Experience Modification Proposal

HAMILTON, Bermuda, March 31, 2014 /CNW/ - OIL held its 2014 Shareholder's Annual General Meeting (AGM) on Wednesday, March 26th at the Fairmont Southampton Hotel and conducted the review and...


Aug 13, 2013, 03:00 ET Oil Insurance Limited (OIL) Declares $100 Million Premium Credit for 2013

HAMILTON, Bermuda, Aug. 13, 2013 /CNW/ - The Board of Directors, at the July 2013 Board Meeting, approved a $100 million premium credit for current (2013) Shareholders, who were shareholders of...


Jul 30, 2013, 03:00 ET Oil Insurance Limited Welcomes Four New Members

HAMILTON, Bermuda, July 30, 2013 /CNW/ - Oil Insurance Limited (OIL) today, July 30th 2013, announced the signing of four new energy companies as members through the first seven months of 2013. They...


Mar 27, 2013, 11:57 ET Oil Insurance Limited (OIL) 2013 Annual General Meeting and Operational Report

HAMILTON, Bermuda, March 27, 2013 /CNW/ - Oil Insurance Limited (OIL) held its 2013 Annual General Meeting (AGM) on Wednesday March 20th, 2013 at the Fairmont Southampton Hotel in Bermuda. Management ...


Mar 13, 2013, 12:17 ET Oil Insurance Limited Launches On-Line OTA (Oil Technical Accreditation)

HAMILTON, Bermuda, March 13, 2013 /CNW/ - Oil Insurance Limited (OIL) announces the launch of the OTA (Oil Technical Accreditation), OIL's innovative on-line technical accreditation course for...


Nov 21, 2012, 08:00 ET Oil Insurance Limited A- Financial Strength Rating Affirmed by Standard and Poor's With Stable Outlook

HAMILTON, Bermuda, Nov. 21, 2012 /CNW/ - Oil Insurance Limited (OIL) announced today that Standard and Poor's has affirmed OIL's A- financial strength rating with a Stable Outlook. President and CEO...


Sep 10, 2012, 15:29 ET Oil Insurance Limited (OIL) Unveils Redesigned and Enhanced Website

HAMILTON, Bermuda, Sept. 10, 2012 /CNW/ - Oil Insurance Limited (OIL) announced today the unveiling of its re-designed website providing easier access and navigation to information about OIL for...


Apr 05, 2012, 07:00 ET Oil Insurance Limited (OIL) Announces New Offshore Pollution Liability Association (OPOL) Endorsement at AGM

HAMILTON, Bermuda, April 5, 2012 /CNW/ - At OIL's 2012 Annual General Meeting (AGM) held on March 28th, 2012 at the Fairmont Southampton Hotel in Bermuda, OIL announced a new OIL/OPOL endorsement...


Apr 04, 2012, 12:00 ET Oil Insurance Limited (OIL) 2012 Annual General Meeting and Operational Report

HAMILTON, Bermuda, April 4, 2012 /CNW/ - Oil Insurance Limited (OIL) held its 2012 Annual General Meeting (AGM) on March 28th, 2012 at the Fairmont Southampton Hotel in Bermuda. OIL Chairman, Trygve...


Dec 10, 2010, 09:06 ET OIL Insurance Limited: Standard and Poor's Affirms Financial Credit Rating of
A- "Strong" With Stable Outlook

HAMILTON, Bermuda, Dec. 10 /CNW/ - Oil Insurance Limited (OIL) announced today that Standard and Poor's has affirmed OIL's financial rating of A- "Strong" with a Stable Outlook. "The insurer...