Articles
Insurance
Re/insurance rating agency AM Best is changing its senior management structure to cut costs and strengthen its Asia Pacific business following a "strategic review" of its core markets. 20 February 2019
Insurance
The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face. 20 February 2019
Insurance
The Californian wildfires of 2018 set new records in terms of losses and left risk modelling agencies scrambling to reassure insurers they can get a handle on the risks. 20 February 2019
Insurance
Everest Insurance hired Kevin Flaherty to join its retail property team in the US East region. 19 February 2019
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
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