Ratings agency Moody’s has downgraded Farmers Insurance Group’s ratings to A3 IFS but citing outlook as stable
The company estimates a gross ultimate loss of approximately US$1 billion, leaving it within the range of its US$3 billion overall reinsurance tower
Blackwell Captive Solutions welcomes Arleigh Kennedy as new national vice president, sales
AM Best affirms credit ratings of Primerica, Inc. and its subsidiaries, all of which AM Best assessed as very strong
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Ørsted Insurance A/S (ORIAS) (Denmark).
WTW has appointed Alain Dufraisse as managing director of its new Luxembourg Captive and Insurance Management Solutions office
The specialty underwriting unit will be led by Jim Finnamore, who is joined by environmental specialists David Barr and William Campbell
Underwriting technology company Two Sigma Insurance Quantified has partnered with Central Analysis Bureau, a risk assessment tools and data provider for the transportation insurance industry
The acquisition follows findings from Aon’s Global Risk Management Surveys, which have found that businesses consider ‘damage to reputation’ to be a key risk
Capitec Life will underwrite the bank’s credit life and funeral policies, replacing the two current cell captive insurers
Tech E&O protects companies from risks associated with cyber exposure, including cyber warfare, data breaches, and ransomware
Kuehn will be responsible for helping clients make better decisions in the cybersecurity space as they navigate increased volatility