Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma report
Arthur J. Gallagher & Co. has acquired Chantilly, Virginia-based The Andersen Group
AM Best has upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit ratings to “aa-” (Superior) from “a+” (Excellent) of the subsidiaries of Odyssey Group Holdings
France-based CCR Re is no longer “under review” by AM Best, following the completion of the sale of a majority stake in the company to a newly-formed consortium
Arthur J. Gallagher & Co.’s Pen Underwriting has acquired Norwegian MGA Fender Marine AS (Fender)
BMS Re has appointed Steve Housse (pictured) as managing director and facultative practice lead
AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Delaware-based Velocity Specialty Insurance Company (VSIC)
Property and casualty (re)insurer Sompo has appointed Jesús García Matas (pictured) as head of property insurance for Iberia
