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AM Best assigns credit ratings to Cincinnati Equitable Insurance
18 July 2024
US

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

SiriusPoint and Service First Insurance partner on property owners programme
18 July 2024
Ireland

The initiative will enable MGA Service First Insurance to underwrite commercial property risks of up to €10 million

Connecticut enacts new captive legislation
17 July 2024
US

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 appoints new leadership for Private Equity and Transaction Solutions
17 July 2024
US

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

Chubb appoints Kelaher to lead Europe, Middle East and North Africa division
17 July 2024
France

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

AM Best revises outlook to ‘positive’ for A.I.M. Mutual Insurance Companies
17 July 2024
US

The group's operational performance drives the positive outlook, as strong underwriting results and investment income contribute to continuous surplus growth

Fortitude Re welcomes Hager as Chief Financial Officer
16 July 2024
Bermuda

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

Hannover Re teams up with Schroders Capital on tokenised ILS pilot
16 July 2024
UK

The initiative enables reinsurance contracts to be tokenised and traded on a public blockchain platform using smart contracts

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