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AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive. 22 December 2016
Insurance
A flurry of wildfires torched more than 65,000 acres in Southern California and are likely to have destroyed hundreds of buildings, according to news reports. 6 December 2017
News
Qatar Re is seeking a new chief executive after Gunther Saacke revealed he will step down from the role at the company’s next board meeting, scheduled for March, and leave the company later this year. 25 January 2019
Insurance
Specialist insurer Markel Corporation has appointed Jennifer Chang as underwriter and senior risk analyst in its trade credit and political risk operation in New York. 5 September 2018
Insurance
Bermuda-based Catalina Holdings has appointed Parri Spector director of mergers and acquisitions (M&A) and reinsurance transactions. 5 September 2018
Insurance
Germany-based legal expenses insurance provider ARAG has teamed up with insurtech startup Dinghy to offer legal services and protection to freelance professionals. 5 September 2018
Insurance
Italian insurer Generali will acquire Polish asset management company Union Investment TFI from the German Group Union Asset Management Holding to bolster its presence in central and eastern Europe (CEE). 23 October 2018
Insurance
French mutual insurance company Covéa proposed to acquire a majority stake in SCOR but the proposal was met with unanimous opposition from SCOR's executive committee. 4 September 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance. 24 May 2018
Insurance
Guy Carpenter has hired a new head of strategy and client engagement within its international and global specialties divisions, with effect from October. 4 September 2018
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