Articles
Insurance
AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa” of HDI Global Specialty SE (Germany). 14 January 2019
Insurance
P&C re/insurers face higher year on year catastrophe losses in the fourth quarter of 2018 results reflecting hurricane Michael, California wildfires, and some smaller events, but overall losses should be manageable, according to Keefe, Bruyette & Woods (KBW) analysts. 14 January 2019
Insurance
Canada-based property and casualty re/insurance conglomerate Fairfax Financial Holdings has appointed Allied World CEO Scott Carmilani in a new role that it hopes will help promote organic growth and collaboration initiatives across its global operations. 18 July 2019
Insurance
S&P Global Ratings has said that its 'A-' ratings on Swiss Re ReAssure (SRRAL) will remain on Credit Watch with negative implications following the suspension of its initial public offering (IPO) on July 11. 17 July 2019
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Patrick Cove as global head of aviation reinsurance. He will be based in the company’s Zurich office. 10 April 2018
Insurance
Chubb and Travelers are expected to bear the highest losses from the wildfires in north and south California, according to KBW research. 20 November 2018
Insurance
UnipolRe, a Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has appointed Thierry Pelgrin as a senior underwriter for France, DACH, Belgium, Southern Europe & the Central and Eastern Europe (CEE). 25 October 2018
Insurance
Aspen Re president and chief underwriting officer and managing director of the Americas, Emil Issavi, is leaving the re/insurer to join specialty insurance services business Ryan Specialty Group (RSG). 31 May 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed two new front-end credit insurance risk transfer (CIRT) deals. 12 July 2019
Insurance
The board of London & International Insurance Brokers’ Association (LIIBA) has appointed Roy White as its new chair after having served three years as vice chairman. 23 March 2018
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