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AM Best affirms Argo Group credit ratings

Argo Re kept its A- (excellent) financial strength rating.

Martha Muir, 13 April 2022
Florida to look at ‘stabilising (re)insurance rates’: DeSantis

The Florida governor said action was needed to prevent more carriers from failing.

Liz Bury, 13 April 2022
Argenta bolsters board with three NED hires

Cordelia Bowdery, Monica Burch and Philip Glaze all bring extensive experience across the wealth management and financial services sectors.

Aisling Finn, 13 April 2022
Xenia takes majority stake in Capstone Insurance Brokers

The deal marks Xenia’s ninth acquisition in three years and kicks off its international expansion plans.

Aisling Finn, 13 April 2022
Swiss Re’s Thierry Léger: We’re extending the boundaries of insurability

The CUO of the world’s largest reinsurer explains the company’s enduring commitment to cat risk despite advancing climate change.

Rachel Dalton, 13 April 2022
Berkshire’s Nico offering $1bn excess cyber limits to select multi-nationals

The conglomerate looks to step into the role of insurer of last resort amid capacity constraints and surging client demand.

Adam McNestrie, 13 April 2022
WTW, Aon in settlement talks over Miami fac team poaching case

The brokers asked the judge to delay some pre-trial conferences by two weeks as they could obstruct the settlement negotiations.

Jairo Ibarra, 12 April 2022
Banco BPM set to buy out Covéa from joint insurance venture

The deal will see the bank pay Covea around EUR310mn for its majority stake in their life insurer joint venture.

Rachel Dalton, 12 April 2022
AIG promotes Bolt to CRO, Driscoll to general insurance CUO

Bolt replaces Sabra Purtill, who was recently named EVP and CIO for AIG’s life and retirement business.

Jairo Ibarra, 12 April 2022
Settlement reached in case involving Besso and ‘pirate of the Caribbean’

An out-of-court settlement has been reached between a group of Caribbean hotel companies and Besso, closing a drawn-out case.

Marcel Le Gouais, 12 April 2022

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