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AM Best lifts outlook for AmeriTrust companies

The ratings agency cites a positive outlook for the businesses, while affirming their financial strength rating of B++

Rachel Dalton, 20 April 2018
WR Berkley taps Gilbert to oversee certain operations

James Gilbert has been given oversight responsibilities over "certain" WR Berkley operating units, the carrier said today.

Anthony Baldo, 20 April 2018
East Bay quake could cause $30bn insured loss: CoreLogic

A hypothetical rupture of the Hayward fault along San Francisco's East Bay could create a $30bn insured loss, according to CoreLogic.

Laura Sanicola, 20 April 2018
US Risk sets up lawyers' liability risk purchasing group

US Risk Underwriters, a unit of P&C wholesaler US Risk, has set up a risk purchasing group to underwrite lawyers' professional liability coverage

Laura Sanicola, 20 April 2018
BB&T Insurance income sags as organic growth doubles

Insurance income fell 4.8 percent at BB&T Corporation during the first quarter, the US bank said today.

Ted Bunker, 20 April 2018
Ford is latest MS Amlin departure

MS Amlin's head of underwriting risk, David Ford, has left the specialty (re)insurer, The Insurance Insider can reveal.

Rachel Dalton, 20 April 2018
AIG gains clearances for Brexit entities as portfolio transfer begins

AIG has received regulatory authorisations for two new insurance companies in preparation for Brexit, putting it ahead of many rivals in its contingency planning.

Laura Board, 19 April 2018
Moody’s lifts ratings for Mapfre’s Global Risks and Asistencia units

Support from the parent and an improved outlook for Spanish sovereign debt prompt the upgrade.

Laura Board, 19 April 2018
Allstate pegs Q1 pre-tax cat losses at $361mn

Allstate took an estimated $361mn in pre-tax catastrophe losses and unfavourable cat reserve developments in the first quarter.

Bernard Goyder, 19 April 2018
Start-up Envelop Risk names CUO

Envelop Risk, a start-up cyber MGA and analytics company, has named ex-Hannover Re underwriter Ari Chatterjee as chief underwriting officer.

Bernard Goyder, 19 April 2018

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