WORLD INSURANCE
AM Best Assigns Credit Ratings to Conduit Reinsurance Limited
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Conduit…
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Lemonade Launches in France in Its Third European Country
Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch…
Munich Re’s “Ambition 2025” sets new growth and results targets
Return on equity to increase to 12–14% by 2025 Earnings per share to increase annually by ≥5% on average by…
Hub International Acquires Quebec-Based Seymour Alper
Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were…
Allianz to Buy General Insurance Business of Australia’s Westpac for $534M
Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for…
Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC
Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all…
Aon Launches Digital Cyber Insurance for Small and Middle Market Businesses
AON, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced the…