Articles
Insurance
Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last. 21 March 2018
Reinsurance
Munich Re expects its investments in digitisation, data and technology to become the major driver of future growth in its reinsurance operations. The German reinsurance giant sees digitisation as a means of moving the business closer to the end consumer while generating new technology-based products. 20 March 2018
Insurance
S&P Global Ratings has downgraded UK-based multiline insurance group Prudential by one notch due to the company’s demerger plan while downgrading the UK operations by two notches. 16 March 2018
Insurance
Fitch Ratings has downgraded the long-term ratings of UK-based life insurance group Prudential following the company's decision to separate its UK & European businesses (M&G Prudential) from the rest of the group. 14 March 2018
Insurance
Starr Companies has restructured its casualty group and made some leadership changes to tap its underwriting expertise and risk management solutions in the liability marketplace. 14 March 2018
Insurance
US-based Prosperity Life Insurance Group, a provider of protection, supplemental and asset accumulation products, has been bought by an investor group including hedge fund manager Elliott and insurance-focused private investment firm Wand Partners. 14 March 2018
Insurance
AM Best has placed the credit ratings of US health insurer Cigna Corporation and its insurance subsidiaries under review with negative implications following the firm’s plan to acquire Express Scripts Holding Company for $67 billion. 14 March 2018
Insurance
Insurance broker Marsh has joined the Enterprise Ethereum Alliance (EEA). 14 March 2018
Insurance
AM Best has removed New Zealand’s Tower Insurance from under review with negative implications after a capital raise and a settlement agreement with Peak Re. 12 March 2018
Insurance
US health insurer Cigna Corporation has entered into a definitive agreement to acquire pharmacy benefit manager Express Scripts for a cash and stock transaction of approximately $67 billion, including about $15 billion in Express Scripts' debt. 8 March 2018
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