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Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'. 5 September 2018
Insurance
Specialist re/insurance broker THB has hired a senior broker from Ed Broking. Matthew Gould will join THB's aviation team, reporting to division director Tom Thompson. 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
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK. 4 September 2018
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired Lloyd’s chief commercial officer Vincent Vandendael as CEO of Everest Insurance international. 3 September 2018
News
NewRe, a wholly owned subsidiary of Munich Re, has appointed Artur Klinger as new chief underwriting officer for the property and casualty business. 3 September 2018
Insurance
The Central Bank of Ireland has fined PartnerRe Ireland Insurance and Partner Reinsurance Europe a combined €1.5 million. 22 August 2018
News
Hannover Re’s CEO Ulrich Wallin is stepping down and retiring in May 2019 after more than 35 years at the reinsurer. He will be replaced by Swiss Re’s Jean-Jacques Henchoz. 22 August 2018
Insurance
Bermuda-based Enstar Group has entered into a five year unsecured $600 million revolving credit facility with a group of lenders to fund acquisitions as well as for “general purposes.” 22 August 2018
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research. 22 August 2018
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