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Rating agency AM Best has downgraded Maiden’s rating outlook due to “a decline in balance sheet strength and the potential that continuation of recent underwriting and operating trends could lead to negative action on the rating”. 5 March 2018
Insurance
Virtual claims technology provider Snapsheet is expanding its North American presence to Canada by partnering with property/casualty insurance group Aviva. 5 March 2018
Insurance
JLT Re has appointed Ariel Hernandez as senior vice president in Miami. Hernandez joins from the Chaucer Syndicates of The Hanover Insurance Group, where he was a treaty underwriter. 5 March 2018
Insurance
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance. 28 February 2018
Insurance
Equity analysts from Jefferies have praised the significant cyber and casualty at specialty insurer Beazley in 2017. 28 February 2018
Insurance
Property/casualty insurer Chubb has hired Benjamin Rowley as new senior underwriter financial lines for Chubb Global Markets. 28 February 2018
Insurance
Data analytics provider Verisk has launched a new platform that claims to enhance how insurers research, assess, and underwrite complex energy risks. 28 February 2018
Insurance
Risk modelling and analytics firm RMS has appointed Adam Sandler as head of underwriting, cyber and model solutions. 28 February 2018
Insurance
The move of the the European operations to Brussels after Brexit is a logical move as mainland Europe insurance operations grow faster than in the UK and the prospects look good, said Richard Pryce, CEO QBE European Operations. 27 February 2018
Insurance
Liberty Mutual Holding Company (LMHC) has seen its net income fall by $989 million year on year to $17 million. 27 February 2018
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