AM Best has assigned a financial strength rating of ‘A-’ (Excellent) and a long-term issuer credit rating of ‘a-’ (Excellent) to Cincinnati Equitable Insurance
The initiative will enable MGA Service First Insurance to underwrite commercial property risks of up to €10 million
The legislation, which will take effect on 1 October, aims to create a more business-friendly regulatory environment that encourages innovation and growth in the sector
WTW has named Aartie Manansingh as head, and Jorgen Andersson and Peter Galla as deputy heads of Private Equity and Transaction Solutions within Corporate Risk and Broking, North America
Peter Kelaher currently serves as country president of Australia and New Zealand. In his new role, Kelaher will have executive operating responsibility for 24 countries in the region
The group's operational performance drives the positive outlook, as strong underwriting results and investment income contribute to continuous surplus growth
Fortitude Re has named Greta Hager as chief financial officer, succeeding Kai Talarek, who will transition to the newly created role of chief growth and optimisation officer
The initiative enables reinsurance contracts to be tokenised and traded on a public blockchain platform using smart contracts