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Atlas Financial warns of possible material reserve increase
The commercial auto insurer has delayed filing its 10-K and is exploring a potential sale or strategic alternatives.
Christie Smythe
,
May 17, 2019
Watford Re’s A- FSR reaffirmed by AM Best after IPO
Arch Capital backed hedge fund carrier’s outlook graded “stable”.
Bernard Goyder
,
May 17, 2019
Bermuda escapes EU tax haven blacklist
The jurisdiction remains on the grey list, pending work on collective investment funds.
Emmanuel Kenning
,
May 17, 2019
Hank Greenberg sells out of AIG after 50 years
The stake, held by Starr, was worth more than $20bn at its height and will be re-invested in other opportunities.
Adam McNestrie
,
May 17, 2019
Commercial P&C market hits 7th consecutive increase in Q1: CIAB
The organisation results results of a survey which showed an average rate increase of 3.5 percent.
Christie Smythe
,
May 16, 2019
Broker tech provider Vertafore acquires Vue Software
Vertafore said today it would combine its Sircon software platform with Vue’s broker systems.
Bernard Goyder
,
May 16, 2019
AM Best drops Third Point Re outlook to negative
The ratings agency affirmed the carrier’s financial strength rating as A- while expressing “concern over the company’s business profile”.
Bernard Goyder
,
May 16, 2019
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
,
May 16, 2019
The Hartford receives regulatory approval for Navigators deal
The companies expect to close the merger “as soon as reasonably practicable”.
Laura Sanicola
,
May 16, 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
,
May 16, 2019
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