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Munich Re chooses cyber risk modeling partner

Cyber danger analytics company cybercube stated monday that munich reinsurance co. Has decided on its cyber-threat modeling platform. Munich re leader underwriter stefan golling, who...

Ratings of Missouri’s Savers Property and Casualty Insurance Under Review

A.M. Best has placed under review with positive implications the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term...

Builder, staffing agency cited for fatal trench collapse

Federal workplace safety regulators have cited and proposed penalties totaling $152,618 against a construction company and a staffing agency after a fatal trench collapse. The...

Willis Towers Watson integrating ILS business into Willis Re

Willis Towers Watson P.L.C. is integrating its insurance-linked securities business into Willis Re, the reinsurance brokerage arm of the company, Willis Towers Watson said...

New York Approves AXA Acquisition of XL Group

France’s AXA Group moved a step closer to closing on its acquisition of XL Group as Nw York insurance regulators have given their approval...

Calif. proposes 7.2% midyear pure premium rate reduction

2626The Workers Compensation Insurance Rating Bureau of California is proposing a 7.2% midyear pure premium rate reduction for California businesses, according to notice regarding...

Swiss Re Weighs IPO for UK Closed-Bood Business; Pricing Pressures Hit...

Pricing pressure in the reinsurance industry weighed on Swiss Re’s first-half earnings, overshadowing a drop in natural-catastrophe claims. The company said it’s exploring an...

AIG, Carlyle Group Partner to Build Reinsurer, Run-Off Firm for Complex...

Global insurer American International Group and private equity and financial services firm The Carlyle Group are forming a partnership to build a standalone provider...

Commercial Lines Rates Hardened in Q2: IVANS Index

The second quarter showed a general uptick in premium renewal rate change across the commercial insurance lines of business compared to the first quarter...

Senator Inserts Flood Insurance Renewal in Farm Bill

On Wednesday, Senator John Kennedy (R., La.) Brought a proposal to reauthorize the National Flood Insurance Program (NFIP) for six months, while the US...

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