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Everest Re has unveiled a strategic alliance between its US crop insurance unit, Heartland Crop Insurance, and Global Ag Risk Solutions (GARS). This new partnership will deliver GARS production cost Insurance to farms across the US through Heartland agents. 11 February 2016
Insurance
AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to TransRe. 31 August 2018
Insurance
Italian insurance group Generali has agreed to sell its Dutch business to Netherlands-based insurer ASR Nederland. 13 September 2017
Insurance
Fairfax Financial and Mitsui Sumitomo Insurance Company have unveiled a global strategic alliance that revolves around the latter buying the majority of Singapore-based First Capital Insurance from Fairfax but which also has wider implications for the way the two companies manage their reinsurance buying. 24 August 2017
Insurance
Rating agency AM Best has revised the Issuer Credit Rating (ICR) Outlook to Stable for Aspen Insurance Holdings and its subsidiaries. 18 December 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched Nordic-focused MGA Bridge Underwriting to begin underwriting in March. 1 February 2018
Insurance
The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone. 29 August 2018
Insurance
Vienna Insurance Group (VIG) is merging two of its Czech group companies and units in Croatia following similar steps in Hungary, Slovakia and Austria. 15 December 2017
Insurance
Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones and general liability underwriters will have an important role to play in providing cover, according to a new report from the International Underwriting Association (IUA). 29 January 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) said that it has launched a visual effects (VFX) and post production media insurance offering. 25 May 2017
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