Workers’ compensation loss cost rates in Missouri will decrease by an average of 5.3 per cent starting 1 January 2025, marking the fourth consecutive year of reductions
He joins Ascot from AXA, where he helped build out its group captive practice while leading its North American alternative risk structures
AM Best has assigned a financial strength rating of ‘A-’ (Excellent) and a long-term issuer credit rating of ‘a-’ (Excellent) to National Grid Insurance USA
Manulife Financial Corporation has entered into a CA$5.4 billion (US$3.85 billion) reinsurance agreement with Reinsurance Group of America (RGA)
The exemption would allow Meta’s health and welfare benefit plan to establish an insurance contract with Prudential Life Insurance Company of America
The downgrade reflects the continued capital support required for Lincoln Benefit’s captive reinsurer, Lancaster Re Captive Insurance Company, and the expected impact on its capital flexibility
The firm has hired Bryan Salek and Angela Kirby as senior vice presidents to lead the new team
Previously, Nina Hurley worked as a senior account executive at AIG, based in Burlington, Vermont
