AM Greatest Upgrades Credit score Rankings of AES International Insurance coverage Firm

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of AES Global Insurance Company (AGIC) (Burlington , VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AGIC’s balance sheet strength, which AM Best assesses … Read more

AM Finest Removes From Below Evaluation With Growing Implications and Affirms Credit score Scores of First Insurance coverage Firm

AM Best has removed from under review with developing recommendations and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+’ (Good) of First Insurance Company (SFIC) (Jordan). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect SFIC’s balance sheet strength, which AM Best assesses … Read more

AM Finest Affirms Credit score Scores of Chubb Peru SA Compania de Seguros y Reaseguros

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of ‘a+’ (Excellent) of Chubb Peru SA Compania de Seguros y Reaseguros (Chubb Peru) (Lima, Peru). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Chubb Peru’s balance sheet strength, which AM Best assesses as … Read more

Vienna Insurance coverage Group: Sturdy efficiency after the primary three quarters of 2022

In the midst of major geopolitical and economic challenges, Vienna Insurance Group (VIG) has reported a very positive development for the first three quarters of 2022 All key figures improved again compared to the same period in the previous year Of course, like any company, we are feeling the effects of the current situation, with … Read more

Ping An Insurance coverage of China: awarded A in MSCI ESG Rankings

(Hong Kong, Shanghai, 15 November 2022) – The financial sector has profitable opportunities in financing climate change, says Jonathan Larsen, Chief Innovation Officer of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that it has been rated A in the Morgan Stanley Capital Investment’s (MSCI) 2022 ESG … Read more

Mobilize Monetary Providers Groups with Accenture to Launch New Utilization-Primarily based Insurance coverage; ‘Mobilize Insurance coverage’ to scale Renault Group’s usage-based automobile insurance coverage enterprise in Europe

PARIS; – Mobilize Financial Servicesa subsidiary of the Renault Grouphas announced that it is to launch Mobilize Insurancea car insurance specialist for the European market that will offer integrated usage-based car insurance for Renault, Dacia and Alpine customers. As part of the group’s ambition to create sustainable mobility for all, Mobilize Insurance will offer a … Read more

Complicated Market Begins to Give attention to Worthwhile Progress: Aon’s 2022 Canadian Insurance coverage Market Report

TORONTO, Nov. 1, 2022 /CNW/ — On plc (NYSE: AON), a leading global professional services firm, has released its 2022 Canadian Insurance Market Report. Published to help Canadian clients make better decisions about risk management and insurance programs, Aon‘s report finds that the market continues to remain complex; However, increased competition, along with positive underwriting … Read more

Tietoevry Banking acknowledged as a high innovator within the insurance coverage trade

Tietoevry has been named in the 2022 InsurTech100 for the second consecutive year. The recognition is for Tietoevry Banking’s innovative use of the technology partner ecosystems, helping insurance companies accelerate growth and speed of service innovation while improving customer experience. -We are very proud to be recognized as a top 100 industry leader two years … Read more

ASR Nederland N : Asr and Aegon to create a frontrunner in Dutch insurance coverage

Today, ASR Nederland NV (“asr” or the “Company”) announces that it has reached a conditional agreement on a business combination with Aegon NV (“Aegon”), to create a leading insurer in the Netherlands (the “Transaction”) . The Transaction covers all insurance activities, including the mortgage-origination and servicing operations, the distribution and services entities and the banking … Read more

Greenlight Re Improvements Pronounces Funding in Cargo Insurance coverage Platform Otonomi

GRAND CAYMAN, Cayman Islands, Oct. 24, 2022 (GLOBE NEWSWIRE) — Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has announced an investment in Otonomi, Inc. (“Otonomi”), a New York-based parametric cargo insurance platform. In recent years, globalization and advancements have led to a significant increase in … Read more