Energy Insurance Mutual Limited News
Highwoods Properties and Bromley Companies Announce Relocation of Energy Insurance Mutual Limited (EIM) to Midtown East
A Strategic Move Aligning with Innovation and Sustainability Highwoods Properties and Bromley Companies are excited to announce the relocation of Energy Insurance Mutual Limited (EIM), a leading provider of insurance and risk financing solutions for the energy sector, to Midtown East. The new 16,224-square-foot office will be located in the 18-story Midtown East tower, part…
Read More EIM Board of Directors Approves $25M Member Distribution
At the EIM Board meeting on November 19th, EIM leadership recommended, and the Board of Directors approved, a member distribution of $25M for Members on record as of December 31, 2024, payable the first week of March 2025. Each year the Mutual evaluates its performance and the adequacy of its surplus. Recommendations are made regarding the…
Read More AM Best Affirms EIM’s “A” Rating
AM Best, the world’s largest rating agency for the insurance industry, has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) for EIM. The outlook for each rating is affirmed as stable. AM Best noted that EIM’s ratings reflect EIM’s balance sheet strength (assessed…
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