Credit ratings agency, Moody’s Ratings, has upgraded the insurance financial strength ratings of global insurer AIG’s major property & casualty ...
Category: Reinsurance
Porch Group renews partnership with Goosehead to support Reciprocal Exchange growthPorch Group renews partnership with Goosehead to support Reciprocal Exchange growth
Porch Group, Inc., a homeowners insurance provider, announced the renewal of its partnership with Goosehead Insurance. Growing Porch Reciprocal Exchange ...
Allstate estimates May cat losses at $777mAllstate estimates May cat losses at $777m
The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed ...
WTW names Linda Fisher to lead law firm strategy within FIPS divisionWTW names Linda Fisher to lead law firm strategy within FIPS division
Willis, a WTW business, has appointed Linda Fisher to lead its law firm segment within the Financial Services and Professional ...
United Risk completes acquisition of specialty reinsurance MGA Pinnacle UnderwritingUnited Risk completes acquisition of specialty reinsurance MGA Pinnacle Underwriting
United Risk, a global property and casualty insurance underwriting and distribution platform, has completed the acquisition of Pinnacle Underwriting Pty ...
Chedid Re promotes Jalal Tabaja to Deputy Head of FacultativeChedid Re promotes Jalal Tabaja to Deputy Head of Facultative
International reinsurance broker Chedid Re, part of Chedid Capital, has promoted Jalal Tabaja to the role of Deputy Head of ...
Ambac updates timing of legacy financial guarantee business sale to OaktreeAmbac updates timing of legacy financial guarantee business sale to Oaktree
Ambac Financial Group, Inc., an insurance holding company, has provided an update on the timing of the sale of its ...
Joe Melly named Head of Casualty sub-segment at Moody’s Insurance SolutionsJoe Melly named Head of Casualty sub-segment at Moody’s Insurance Solutions
Michael Steel, General Manager at Moody’s – Insurance Solutions, has announced the appointment of Joe Melly as the new Head ...
Israel’s gov-backed insurance scheme to cover majority of conflict lossesIsrael’s gov-backed insurance scheme to cover majority of conflict losses
S&P has indicated that Israel’s government-backed insurance scheme is expected to absorb most losses related to the conflict with Iran, ...
Guy Carpenter and Valloop enable £40bn in surety capacity for SME employee buyoutsGuy Carpenter and Valloop enable £40bn in surety capacity for SME employee buyouts
Guy Carpenter, a risk and reinsurance specialist, has announced a partnership with Valloop, a financial platform focused on employee ownership, ...