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S&P cuts Allied World rating to A-

Allied World has had its financial strength rating cut from A to A- by Standard & Poor’s (S&P) following its $4.9bn acquisition last week by Fairfax Financial Holdings, putting the specialty insurer in line with its new parent.

Ted Bunker, 10 July 2017
S&P cuts Allied World rating to A-

Allied World has had its financial strength rating cut from A to A- by Standard & Poor’s (S&P) following its $4.9bn acquisition last week by Fairfax Financial Holdings, putting the specialty insurer in line with its new parent.

Ted Bunker, 10 July 2017
TigerRisk joins R3 blockchain development start-up

TigerRisk Partners has joined the R3 start-up developing blockchain and distributed ledger technology (DLT) for use in transaction processing, becoming the first broker-adviser to join the partnership.

Ted Bunker, 10 July 2017
RSG launches first LatAm MGU

Chicago-based Ryan Specialty Group (RSG) has hired Pascal Alvarez to lead a new Latin American financial-lines focussed managing general underwriter (MGU), the company announced today.

Matthew Neill, 10 July 2017
XL Catlin taps AIG for global programs head

XL Catlin has appointed Sonja Ochsenkuehn as head of global programs, it announced today.

Catrin Shi, 10 July 2017
Willis Towers Watson acquires stake in Indian broker

Willis Towers Watson has acquired a 49 percent stake in Indian intermediary Almondz Insurance Brokers.

Bernard Goyder, 10 July 2017
Opinion: Weather vs climate

Weather-related losses helped drive the creation of the insurance business, and to this day carriers keep a wary eye on the skies, assisted by all the tools that modern technology can provide.

Ted Bunker, 10 July 2017
Elesco confirms Marre’s appointment as aviation head

Dubai-based MGA Elseco has confirmed the appointment of Olivier Marre as its head of aviation, as first reported by The Insurance Insider in February.

Bernard Goyder, 10 July 2017
Swiss Re has most reserving risk of European reinsurers: Bernstein

Swiss Re is the worst reserved of its European reinsurance peers, with its reserve position on workers' compensation and accident and health (A&H) business a particular concern, Bernstein analysts have claimed.

Bernard Goyder, 10 July 2017
Willis Towers Watson promotes Jackson to lead GB financial lines

Willis Towers Watson has named James Jackson as head of financial institutions for Great Britain (GB) within its Finex division, the broker said today.

Bernard Goyder, 10 July 2017

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