SILAC outlook downgraded due to decline in reinsurance quality
Firm has entered into several agreements with unrated reinsurers Utah-based SILAC Insurance Company (SILAC) has had its outlook adjusted from stable to negative by AM Best. » Read More
Firm has entered into several agreements with unrated reinsurers Utah-based SILAC Insurance Company (SILAC) has had its outlook adjusted from stable to negative by AM Best. » Read More
Reinsurance » Read More
Outlook remains stable, attributable to adequate operating performance AM Best has reaffirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) of “ » Read
Total investment assets of the firm valued at PHP9.2 billion Philippine Rating Services Corporation (PhilRatings) has assigned the National Reinsurance Corporation of the Philippines (Nat Re), the nation’s sole professional
Farmers, GEICO top list of the largest layoff numbers The US insurance industry witnessed a significant wave of layoffs in 2023, with property and casualty ( » Read More
The toy drive will donate toys for children's hospitals Insurance News By Abigail Adriatico » Read More
Transaction expected to close in the first half of next year Chicago-based insurance company Ryan Specialty is acquiring London-headquartered managing general underwriter platfo » Read More
Consultancy breaks down the figures Consultancy Insuramore, which publishes insurance rankings, has examined what Aon’s swoop for NFP will mean for the broking giant. » Read More
It is slated to start underwriting in April, with a focus on nat cat parametric products US-based parametric insurance group NormanMax has been granted “approval in principle” by Lloyd’s to
Insights from COP28 reveal three key themes for risk managers to consider At the COP28 climate summit, the insurance industry reaffirmed its commitment to tackling climate change and addressing gaps