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AM Best removes Aegis Security’s ratings from negative review
The negative implication has been removed partly due to balance sheet strength and creative deal sourcing after last year’s wildfires.
Christopher Munro
,
17 May 2019
The Hartford receives regulatory approval for Navigators deal
The companies expect to close the merger “as soon as reasonably practicable”.
Laura Sanicola
,
16 May 2019
Aon Re Solutions hands Melvin and Selby Bennett new roles
Selby Bennett given sole responsibility for global reinsurance clients unit with Melvin receiving new Aon leadership role.
Christopher Munro
,
16 May 2019
Aon scales back in banking as Pedraja and Triggs depart
The move follows a decision from Willis Towers Watson last year to shutter its M&A advisory business.
Adam McNestrie
,
16 May 2019
Global commercial pricing increases 3% on average in Q1
The most dramatic price rises were in Asia Pacific.
Bernard Goyder
,
16 May 2019
AFL’s Esser: Lloyd’s must ban paper
The AFL chairman says the market must retain its edge for specialist risk while preparing for the future.
Rachel Dalton
,
16 May 2019
Axa to freeze its investment in InsurTech fund XL Innovate
Axa XL CEO Greg Hendrick says the fund remains a "core strategic capability".
Bernard Goyder
,
16 May 2019
Citizens looks to add 10% to already-increased spend as rate momentum builds
Increased spend partly reflects additional aggregate purchase, offset by a smaller sliver layer.
Adam McNestrie
,
16 May 2019
Allstate reports April cat losses of $290mn
Two Texan wind and hail events caused 70 percent of the insured damage.
Rachel Dalton
,
16 May 2019
Scor’s Rousseau calls for ‘humility’ around innovation
Carriers must not sacrifice product simplicity for tech innovation, the Scor P&C deputy CEO says.
John Hewitt Jones
,
16 May 2019
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