Articles
Insurance
The Bermuda Monetary Authority (BMA) has warned about the risks involved when companies raise funds through cryptocurrencies such as bitcoin. 18 January 2018
Insurance
The London Insurance and International Brokers Association (LIIBA) is calling for its members to prepare for the possibility that the UK will leave the EU without a trade deal. 25 July 2018
Insurance
Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit. 31 August 2018
Insurance
Japanese conglomerate SoftBank is seeking to join Swiss Re’s board as it negotiates the acquisition of a minority stake in the reinsurer, according to a Feb. 18 Financial Times report. 19 February 2018
Insurance
Germany-based legal expenses insurance provider ARAG has teamed up with insurtech startup Dinghy to offer legal services and protection to freelance professionals. 5 September 2018
Insurance
Protectionism is on the rise and could result in a global recession if current actions morph into a fully-fledged trade war, Swiss Re has warned. A longer-term decline in trade will hit marine and trade credit insurance premium growth hardest, the reinsurer noted in a report titled “Protectionism on the rise, and here to stay”. 27 September 2018
Insurance
In an ongoing dispute, Voce Capital Management, a shareholder of Argo Group, has questioned the legality of the re/insurer's appointment of two independent board directors. 29 March 2019
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
Specialty insurer Beazley plans to split its specialty lines division into specialty (casualty) and TMB (cyber / management liability), according to Jefferies analysts who welcomed the move given the differing growth profiles and profitability. 31 May 2018
Insurance
AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release. 19 February 2018
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