News
Insurance
MassMutual International has completed its sale of 85.1 percent of MassMutual Japan - its wholly-owned life insurance and wealth management affiliate - to Osaka-based mutual life insurer Nippon Life. 1 June 2018
Insurance
The Hartford's run-off life and annuity businesses Talcott Resolution has been acquired by an investor group, and will now operate as an independent stand-alone insurance company headquartered in Windsor, Connecticut, with an office in Woodbury, Minnesota. 1 June 2018
Insurance
Canadian blockchain-based insurtech firm Heluss has entered into an agreement with Southeast Asian fintech investment platform HelloGold over supply of gold and custody services. 30 August 2018
Insurance
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million. 2 October 2017
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
The final loss estimate for the series of earthquakes which impacted Central Italy between 26 and 30 October 2016 has been revised upwards by data provider PERILS. 26 October 2017
Insurance
Starr Companies has revealed several appointments and promotions in its US and London business units. 26 September 2017
Insurance
The US cyber market grew significantly in 2017 with direct premiums written by US property/casualty (P&C) insurers (excluding non-US and alien surplus lines insurers) rising nearly 32 percent year over year to $1.8 billion, according to AM Best. 21 May 2018
Insurance
Spain-based Mapfre has reported natural catastrophe losses of €183.8 million for 2017, of which €58.2 million were absorbed by Mapfre Re. 9 February 2018
Insurance
Brokerslink, a global network of independent brokers, has appointed Jacqueline Legrand as its new CEO. 8 February 2018
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