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Insurance
AM Best has placed under review with negative implications the financial strength rating of B- (Fair) of Standard Insurance Company, JSC (Standard) (Kazakhstan), provider of life and health, motor vehicle, fire, and liability insurance products. 1 February 2016
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
Insurance
The Travelers Companies' profits fell in the first quarter of 2017, which the company blamed on a $62 million pre-tax impact from the UK’s Ogden rate adjustment, a lower underlying underwriting gain and higher catastrophe losses. 20 April 2017
Insurance
Munich Re and Swiss Re may face the biggest losses from Harvey among the companies covered by Bernstein analysts, according to an Aug. 30 report. 30 August 2017
Insurance
US-based commercial insurance provider CNA has appointed Robert Thomas to fill the newly-created position of senior vice president, claim analytics, finance and operations within the company's worldwide property and casualty (P&C) claims unit. 13 July 2017
News
The financial strength ratings of Africa Re have been placed under review with negative implications by AM Best, which has cited concerns over the permanence of its capital structure. 13 July 2017
Insurance
Tokio Marine Holdings and Intact Financial are leading a $90 million investment in San Francisco-based startup MetroMile, according to a July 23 Bloomberg News report. 24 July 2018
Insurance
Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability. 22 February 2019
Insurance
Insured losses from Hurricane Maria will be between $15 and $30 billion, according to estimates by risk modelling firm RMS. 29 September 2017
Insurance
Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pre-tax basis, according to Fitch Ratings. 27 September 2017
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