News
Insurance
Fitch Ratings has upgraded Reasuransi Indonesia Utama (Persero)'s (Indonesia Re) international Insurer Financial Strength (IFS) Rating to 'BBB-' (Good) from 'BB+' (Moderately Weak). Fitch Ratings Indonesia has also affirmed the company's National IFS Rating of 'AA (idn)'. 3 October 2018
Insurance
Shevawn Barder of AM RE Syndicate can see opportunities in the current market, as she told SIRC Today. 31 October 2019
Insurance
Markel UK, the division of Markel International that provides insurance, tax and legal services for SMEs, has acquired Caunce O’Hara & Company Ltd, following regulatory approval from the FCA. 4 November 2019
News
Alterations to Standard & Poor’s (S&P) rating criteria may herald changes to insurers’ ratings. 31 May 2012
Insurance
Specialty re/insurer Argo Group International Holdings is establishing a standalone underwriting business to pursue the growing construction sector. Jim Cornwell, senior vice president, will lead the new operation. 12 June 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Antoine Brodu as head of financial lines, France. 29 August 2019
Insurance
The company's underwriting gain was adversely impacted by COVID-19-related net charges of $86 million. 21 April 2020
Insurance
The board of IGI’s new Bermuda-based parent company will consist of seven directors. 24 February 2020
Insurance
The financial strength rating of Sompo Japan Nipponkoa following its planned acquisition of Endurance Specialty Holdings looks stable, according to both S&P Global Ratings and Fitch Ratings. 6 October 2016
Insurance
Reinsurers and brokers should better educate themselves on how reinsurance can impact their clients’ ratings, as focusing on the agency capital models alone is often inadequate. 9 September 2018
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