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Insurance
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” from “a” of Bermuda-based Lancashire Insurance Company and its affiliate in the UK.   25 October 2018
Insurance
Hank Greenberg, the former chairman of American International Group (AIG) now the chairman and CEO of the Starr International, has failed in a bid to rekindle a long-standing lawsuit in which he is arguing that the federal government illegally bailed out AIG during the 2008 financial crisis at the expense of shareholders.   27 March 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has launched a new insurance and services policy to protect clients against the impact of cyber attacks.   27 March 2018
Insurance
US-based IMA Financial Group has hired Anna Ewing, a former chief financial officer of Vodafone Americas, as its chief operations officer.   27 March 2018
Insurance
Specialist reinsurance broker Capsicum Re has launched a new New York cyber hub, led by Patrick Bousfield who has been promoted to executive director.   4 June 2018
Insurance
Bermuda speciality re/insurer Sompo International Holdings has completed the acquisition of the operating subsidiaries of Lexon Surety Group, a deal first announced on January 3, 2018.   4 June 2018
Insurance
Castel Underwriting Agencies (Castel), a managing general agent (MGA) formation platform, has appointed Mark Sambridge as binding authority manager.   20 July 2016
Events
Recent natural catastrophe events including those in Japan will probably have wiped out all the reinsurance premium in the market, Matthew Wilken, deputy head of global reinsurance at Argo Group, told Baden-Baden Today.   24 October 2018
Insurance
Insurance broker Marsh has launched a new global excess cyber risk facility, Cyber ECHO, which provides insurance coverage for organisations globally.   27 January 2016
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little.   23 October 2018

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