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Insurance
While reinsurers are no longer obliged to have a branch or subsidiary on the other side of the Atlantic to be able to operate there after the implementation of the EU-US Covered Agreement, they are likely to keep the local units, according to ratings agency AM Best. 18 October 2017
Insurance
Rating agency AM Best has assigned a negative outlook to the financial strength rating and the issuer credit rating of Sirius International Insurance Group. 22 April 2016
Insurance
‘Companies are increasingly incubating fintech insurance startups.’ 25 November 2019
Insurance
AM Best says the recent high-level departures have created additional uncertainty regarding the strategic direction of the company. 1 June 2020
Insurance
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts. 30 April 2019
Insurance
‘Accurately analysing the profitability of identity theft insurance can be difficult.’ 15 November 2019
Insurance
AM Best has removed from under review with negative implications and affirmed the financial strength ratings (FSR) of American International Group (AIG) and the majority of its insurance subsidiaries. 3 June 2016
Insurance
‘Half of European insurers are looking to increase illiquid assets.’ 12 November 2019
Insurance
Ratings agency AM Best said it will monitor the situation after Bermuda-based Maiden Holdings delayed the filing of the company’s 2016 annual report by up to 15 days. 2 March 2017
Insurance
Wildfires have emerged as one of the most significant problems facing the re/insurance industry, with the events becoming increasingly frequent and damaging and few options immediately available to tackle the issue. 15 September 2021
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