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Fitch Ratings has upgraded Reasuransi Indonesia Utama (Persero)'s (Indonesia Re) international Insurer Financial Strength (IFS) Rating to 'BBB-' (Good) from 'BB+' (Moderately Weak). Fitch Ratings Indonesia has also affirmed the company's National IFS Rating of 'AA (idn)'. 3 October 2018
Insurance
The company's underwriting gain was adversely impacted by COVID-19-related net charges of $86 million. 21 April 2020
Insurance
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation. 12 June 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Antoine Brodu as head of financial lines, France. 29 August 2019
Insurance
The board of IGI’s new Bermuda-based parent company will consist of seven directors. 24 February 2020
Insurance
The proposed acquisition of US specialty insurer HCC Insurance by Tokio Marine Holdings for $7.5 billion has spurred a negative review from the rating agencies. 11 June 2015
Insurance
Stetson specialises in financing commercial and personal lines insurance premiums for E&S lines industry. 4 February 2021
Insurance
Reinsurers and brokers should better educate themselves on how reinsurance can impact their clients’ ratings, as focusing on the agency capital models alone is often inadequate. 9 September 2018
Insurance
Re/insurer reports on first nine months of 2019 in Q3 results. 6 November 2019
Insurance
The financial strength rating of Sompo Japan Nipponkoa following its planned acquisition of Endurance Specialty Holdings looks stable, according to both S&P Global Ratings and Fitch Ratings. 6 October 2016
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