A.M. Best has assigned a financial strength rating of “A- (Excellent)” and an issuer credit rating of "a-" to Fidelis Insurance Bermuda...
The European Commission has adopted its initial third country equivalence decisions under Solvency II...
Standard & Poor’s has assigned IGI UK an “A-” financial strength rating and has affirmed its “A-” long-term counter-party credit and the insurer strength rating of its Bermuda-based parent, IGI Bermuda...
Advantage Insurance Management has appointed Leslie Boughner as chairman of its business insurance division...
Guy Carpenter & Company has launched CAT Risk Studio (CRS), a new division that will support its MSA initiative and will work closely with GC Securities on the development of parametric products for catastrophe risk transfer...
ACE Group has appointed Andrew Williamson as its new executive vice president of global marine for ACE Overseas General (AOG), effective 1 July...
JLT Re has appointed Russell Walters as partner at its London office...
Ariel Re has chosen the Xuber for Reinsurers solution suite for its Lloyd’s and Bermuda businesses...
Total aggregated severe thunderstorm and flood economic losses for May 2015 are expected to near $3 billion, with overall insured losses set to easily exceed $1 billion, according to Impact Forecasting...
Jardine Lloyd Thompson Capital Markets (JLTCM) has arranged a private placement catastrophe bond, Oak Leaf Re 2015-1, which closed at $53.03 million. This is the fifth such deal with Oak Leaf...
After two years of price decreases averaging 15 percent on US property catastrophe placements, Guy Carpenter has confirmed that risk-adjusted pricing moderated at the most recent June renewals...
A.M. Best has appointed William Mills as director of market development Europe, Middle East and Africa (EMEA)...