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Insurance
Specialty re/insurer Brit experienced an overall rate reduction of 1.3 percent in 2017, following a 3.3 percent reduction in 2016.   16 February 2018
Brit Re gets rating boost from AM Best; mulls reinsurance expansion in 2020
Insurance
Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet.   19 September 2019
Insurance
US-based insurtech development platform Boost Insurance has raised a $3 million funding round and has partnered with State National Companies and Nephila to provide a turnkey solution for both early stage and expanding insurtech start-ups.   27 September 2017
Insurance
Broker Willis Towers Watson has appointed Sampath Soysa as claims manager – Northern and Southern region Australia, within its Corporate Risk and Broking (CRB) team.   27 September 2017
Insurance
New York-based Marsh & McLennan Companies (MMC) has appointed Stacy Mills as its new vice president and controller. She will also serve as the firm’s chief accounting officer.   18 December 2017
Insurance
Insurance giant American International Group (AIG) has partnered with technology firm IBM to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, Reuters reported on June 14.   15 June 2017
Insurance
Bermuda-based Sirius International Insurance Group has become a publicly listed company, trading on the Nasdaq, following the completion of its merger agreement with Easterly Acquisition.   6 November 2018
Insurance
Global specialty insurance holding The Navigators Group has entered into a share purchase agreement for the acquisition of all of the shares of Antwerp, Belgium-based Assurances Continentales - Continentale Verzekeringen NV (ASCO) and Bracht, Deckers & Mackelbert NV (BDM).   18 December 2017
Insurance
Argo Group, a specialty property and casualty re/insurer based in Bermuda, has boosted gross written premiums in 2016 but profits declined nevertheless.   14 February 2017
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel.   14 February 2017

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