Rating agency Moody's has upgraded its insurance financial strength rating for Scor from A1 to Aa3 with a stable outlook, it announced on Friday (23 September).
Legacy-to-live carrier Randall & Quilter (R&Q) has completed the acquisition of United States Sports Insurance Company (USSIC), a wholly owned captive insurer of USA Swimming, for $2.1mn, it announced today.
The US Federal Emergency Management Agency (Fema) has agreed to buy a small amount of reinsurance as it prepares to set up a larger risk transfer programme in 2017