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Novae’s results for the first nine months of 2015 highlighted growth through the addition of new underwriting teams, tempered with continuing challenging underwriting conditions, a difficult quarter for investments and a benign claims environment. 11 November 2015
Insurance
AM Best has downgraded the financial strength rating (FSR) of Russian Re from B+ (Good) to B (Fair) of Russian Reinsurance Company (Russian Re). The outlook for this rating has been revised from to stable from negative. 25 July 2016
Insurance
Insurance holding company Aurigen Capital has completed its second embedded value securitisation. It has issued C$210 million ($175 million) of embedded value notes through its subsidiary Valins I. 16 January 2015
Insurance
ISO, the information provider about property/casualty insurance risk owned by Verisk Analytics, is preparing insurers for the rise of commercial drones around the world by offering new and versatile coverage options. 16 December 2014
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Insurer ACE has launched a new division that consolidates its US and global casualty offerings to create ACE risk management global casualty. 11 September 2014
Insurance
Hannover Re is showing more optimism for the property/casualty (P&C) business which has been particularly impacted by the current soft market after recording significant growth in the first quarter of 2017. 10 May 2017
Insurance
Swiss Re is looking for acquisitions to enhance capabilities of its corporate solutions unit as well as to secure growth opportunities in developing markets. 2 December 2016
Insurance
Organizational Strategies, a defence contractor based in Virginia, has paid a $2.2 million settlement to PoolRe Insurance and others. 12 November 2015
Insurance
Liberty Mutual Insurance’s specialty excess casualty operation has appointed Keith Poopor as senior underwriting manager for excess casualty in the Northeast. 29 May 2014
Insurance
Rating agency AM Best has warned UK-based insurers to monitor the potential consequences of the UK exiting or renegotiating its position within the European Union. 9 April 2015
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