News
Insurance
Industry insured losses from the Woolsey fire in Southern California will be at least $2.5 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide. 3 December 2018
Insurance
AM Best has upgraded the financial strength rating of Sava Re to “A” (Excellent) and its issuer credit rating to “a”, both with a stable outlook. 3 December 2018
Insurance
India's strong economy and evolving regulatory regime continue to support growth for its insurance and reinsurance sectors, according to a new report by Moody's Investors Service. 22 January 2019
Insurance
Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather. 14 September 2018
Insurance
Legal & General Group has completed a £4.4 billion buy-in for British Airways pension scheme, Airways Pension Scheme (APS). 14 September 2018
Insurance
Italian insurer Generali has launched a new cyber insurance function and a startup company to offer innovative cyber risk assessment solutions through its web-based platform in Europe, Asia and the Americas. 9 October 2018
Insurance
Broker Willis Towers Watson has appointed Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region. 9 October 2018
Insurance
AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” from “a-” of Puerto Rico-based Integrand Assurance Company while placing the Credit Ratings (ratings) under review with negative implications. 30 November 2018
Insurance
US insurer WR Berkley has appointed Brad Nieland as president and CEO of Berkley Accident and Health. 30 November 2018
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release. 19 February 2018
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