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AM Best assigns Navigators International ‘A’ rating

AM Best has granted Navigators International (NIIC) a financial strength rating of A and long-term issuer credit rating of a+.

Matthew Neill, 25 April 2017
Aon Benfield sees $4.5bn insurance bill for Matthew

The catastrophe modelling unit of Aon Benfield has estimated insured losses from Hurricane Matthew at $4.5bn.

Laura Board, 25 April 2017
Texas Mutual WC carrier plans to pay $260mn dividend

Texas Mutual Insurance Company plans to pay a record $260mn in dividends to its customer-owners this year.

Ted Bunker, 25 April 2017
Horace Mann profit slides on record cat losses

Horace Mann Educators posted a 39.8 percent drop in operating profits as catastrophe and other weather-related losses climbed to $17.2mn, a first-quarter record for the carrier.

Ted Bunker, 25 April 2017
Everest Re posts big earnings beat

Everest Re handily topped Wall Street expectations with a first-quarter operating profit of $6.29 a share, as its underwriting margins held up and investment performance strengthened significantly.

Ted Bunker, 25 April 2017
WR Berkley falls to reinsurance underwriting loss

WR Berkley's reinsurance division slipped to an underwriting loss in the first quarter as a $30mn reserve charge took its toll on the segment's combined ratio.

Dan Ascher, 25 April 2017
French insurance stocks rise on Macron hopes

French insurance stocks closed higher today after former investment banker Emmanuel Macron emerged as the clear favourite to replace François Hollande in the Élysée Palace following the first round of a presidential election that concludes with a runoff in two weeks.

Bernard Goyder, 24 April 2017
Ex-AssuredPartners vice chair made Acrisure president

AssuredPartners former vice chairman Michael Sherman has been named president of rival broker Acrisure.

Dan Ascher, 24 April 2017
Bermuda results point to improving health

Figures from a group of Bermuda's biggest (re)insurers reveal the cluster's financial health improved last year, as the collective loss ratio declined and the combined ratio improved compared with a slightly different group's performance in 2015.

Ted Bunker, 24 April 2017
AIR creates cyber aggregation tool

AIR Worldwide has launched a cyber aggregation tool which can estimate potential insured cyber losses across a portfolio, it announced today.

Catrin Shi, 24 April 2017

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