Pol risk, credit & surety

A strong balance sheet, neutral business profile and support from its parent group contributed to the rating.

The Thierry Derez-led mutual declines to renew a portion of a $1.8bn-limit property catastrophe excess of loss treaty via Lloyd’s Brussels.

The Hong Kong insurance regulator marshals the sector to respond to the Chinese government’s infrastructure investment programme.

Parades of partners filing out of the Big Four accountancy firms after inappropriate behaviour, a visionary retailer whose signature greeting is a hug if you’re lucky – or a gentle nibble on the ear lobe if you’re not, an even bigger rag-trade titan named in the UK parliament.

The European carriers’ Chinese expansion coincides with a relaxation of financial sector ownership rules.

The change comes as more firms seek trade credit cover as demand increases owing to economic uncertainty.

Policymakers should take their cue from third-country market access arrangements elsewhere in financial services, says industry body CEO.

The transfer to Luxembourg includes mainland European commercial policies written in London.

AM Best has also downgraded Merced to F after the company was "overwhelmed" by wildfire claims.

The 7.0 magnitude quake damaged almost 50 roads and bridges

The carrier gained regulatory permission to set up the Brexit subsidiary in October.

The entity is the first to be authorised as a captive insurance manager by the Abu Dhabi regulator.