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Insurance
Navigators Group’s new international unit, Navigators International Insurance (NIIC), has secured a financial strength rating of ‘A’ from S&P Global Ratings, which cited the 20-year track record of its parent company. The outlook on the rating is stable.   23 December 2016
Insurance
While the UK vote to leave the EU has shocked London with its large internationally-oriented financial services sector, it also may create some opportunities for the insurance industry.   22 December 2016
Insurance
AzInsurance OJSC has had its Insurer Financial Strength (IFS) rating downgraded to 'B' from 'B+' by Fitch Ratings. The outlook is now stable.   22 December 2016
Insurance
Verisk Insurance Solutions has completed an agreement with Duck Creek Technologies that will enable Duck Creek customers to access the Verisk Data Exchange – a programme that scores drivers and can be used to determine an appropriate premium.   22 December 2016
Insurance
Grupo Mexicano de Seguros (GMX), the Mexican property/casualty insurer, has been upgraded by AM Best, partly because of improved underwriting practices and its reinsurance programme.   22 December 2016
Insurance
AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive.   22 December 2016
Insurance
The British Insurance Brokers’ Association (BIBA) has introduced a free online facility for its members that will help with due diligence if they choose to use unrated non-life insurers.   22 December 2016
Insurance
After a spate of big deals and with consolidation in the re/insurance industry showing little sign of slowing, Intelligent Insurer examines the different ways the success—or failure—of a merger or acquisition may be judged in its aftermath.   21 December 2016
Insurance
S&P Global Ratings has placed Switzerland-based Allied World on CreditWatch with negative implications and AM Best has placed it under review with negative implications after the global specialty and property/casualty insurer agreed to a $4.9 billion acquisition by Canada’s Fairfax.   21 December 2016
Insurance
2016 has again been a benign year in terms of large catastrophe losses, but geopolitical developments have added new challenges to the sector. Intelligent Insurer asked executives from re/insurance firms including Swiss Re, Argo, AM Best and Willis Re for their opinions on the most important developments in the re/insurance industry in 2016.   21 December 2016

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