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Insurance
Fitch Ratings has released a report which details the differences and lack of comparability between its own insurance financial strength (IFS) ratings and those of AM Best – in particular at the 'A-' level. 18 July 2016
Insurance
Broker Willis Towers Watson has expanded its insurance broking capabilities in India by acquiring a 49 percent stake in Almondz Insurance Brokers. 10 July 2017
Insurance
Zurich said that it is selling its UK workplace pensions and savings business with assets under administration of more than £15 billion and around 500,000 customers to Lloyds banking group (LBG). 16 October 2017
News
Allianz Global Corporate & Specialty Resseguros Brasil (AGCS Brazil), the business formed earlier this year by Allianz Global Corporate & Specialty to operate as a local reinsurer in Brazil, has secured a financial strength rating of A from AM Best. 28 March 2014
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations. 8 August 2018
Insurance
For insurers, the effect of the US healthcare executive order signed by president Donald Trump is likely to be limited, according to research provider CreditSights. 13 October 2017
Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has appointed Betsy McLaughlin as vice president and chief claim counsel, succeeding Brian Casey, who is set to retire on March 31. 22 March 2017
Insurance
American International Group (AIG) is planning to name former company executive Brian Duperreault as its new chief executive, the Wall Street Journal reported late on May 10. 11 May 2017
Insurance
Zurich has entered into an agreement with Singapore’s newest life insurance company to acquire its Zurich Life Singapore business portfolio. 8 January 2018
Insurance
Specialist re/insurance broker BMS Group has appointed Andrew Godden as chief executive officer (CEO) of Australia. He will be based in Sydney, and report directly to BMS CEO Nick Cook. 10 May 2017
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