Articles
Insurance
Mid-market private equity firm Preservation Capital Partners, which last year acquired Ascent Underwriting, has made another strategic investment in a US-based specialist managing general agent. 19 February 2019
Insurance
Risk modelling and analytics firm RMS has unveiled a new model for addressing wildfire risk across the United States, claiming it to be the "most comprehensive solution" in the market. 19 February 2019
Insurance
US specialty insurer RLI has partnered with insurtech start-up DataCubes to optimise its underwriting process. 18 February 2019
Insurance
AM Best has determined that Sirius is sufficiently independent of parent company China Minsheng Investment Group (CMIG) to be unaffected by reported liquidity issues at the Chinese company. 18 February 2019
Insurance
Rating agency AM Best has downgraded the Long-Term Issuer Credit Ratings (ICR) of Allied World Assurance Company (Bermuda) and its operating affiliates to ‘a’ from ‘a+’. 18 February 2019
Insurance
Chicago-based Ryan Specialty Group (RSG) is acquiring the assets and operations of Texas-based Myron Steves & Company, an independently owned wholesale insurance brokerage. 18 February 2019
Insurance
Alternative investment manager Apollo has unveiled Mark Cloutier as the new executive chairman and group chief executive officer of Aspen and made other leadership changes. 18 February 2019
Insurance
Aon has outlined the three characteristics that enable specialist insurers to “thrive, sometimes profitably, in one of the toughest property insurance markets” in Florida in the US, in a report out today (Thursday 14 February). 14 February 2019
Insurance
Lancashire Holdings sustained heavy losses in the fourth quarter but returned to profit in 2018 and improved its combined ratio. 14 February 2019
Insurance
Efforts to rectify issues in AIG’s core underwriting capabilities appear to be paying off as losses reduce year on year in its 2018 results, with Brian Duperreault, AIG’s president and chief executive officer, predicting the firm will “accelerate our progress in 2019”. 14 February 2019
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