Opinion: Surety is just too volatile for the new AIG
Large limits, multi-year exposures, huge volatility – perfect for the old AIG...
- Insurance Insider / Article / 1 day ago
- insuranceinsider.com
AIG withdraws from surety market globally
AIG has taken the decision to exit the surety market globally as it continues to seek ways to dampen underwriting volatility and move away from its prior...
- Insurance Insider / Article / 2 days ago
- insuranceinsider.com
Windhaven placed into liquidation by Florida judge
A Florida state judge has ordered auto insurer Windhaven be placed into liquidation, noting that the state Department of Financial Services determined that trying to rehabilitate the ailing...
- Insurance Insider / Article / 20 days ago
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Nexus Specialty strikes program agreement with Crum & Forster
Nexus Specialty, a unit of the expansive MGA Nexus Group, has entered into a program agreement with Crum & Forster to write trade credit risk in the US on a fully admitted basis...
- Insurance Insider / Article / 23 days ago
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Lloyd’s sells £300mn of debt to finance Blueprint One
Lloyd’s has raised £300mn ($394mn) in senior debt to fund the solutions announced in its Blueprint One transformation programme...
- Insurance Insider / Article / 2 months ago
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Markerstudy reaches loan agreement with QIC
Markerstudy has reached an agreement to restructure its loan arrangements with Qatar Insurance Company (QIC) for funds due on 1 December...
- Insurance Insider / Article / 2 months ago
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Arch Re to acquire Aspen Re’s credit and surety renewal rights
Arch Re has agreed to acquire renewal rights for Aspen Re’s global credit and surety reinsurance business as Aspen Re looks to hone its focus...
- Insurance Insider / Article / 2 months ago
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Aon hires Markel trade credit, political risk and surety head
Markel International’s managing director of trade credit, political risk and surety Ewa Rose has left to join Aon’s Reinsurance Solutions business, The Insurance Insider understands...
- Insurance Insider / Article / 2 months ago
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Talisman sued by Louisiana museum over surety claim
Protected call insurer Talisman has been sued by the National World War II Museum of New Orleans over claims of failing to fulfill a surety bond, marking the fourth such lawsuit...
- Insurance Insider / Article / 3 months ago
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Third-quarter results reveal Thomas Cook trade credit exposure
Third-quarter results have shed light on the impact of the collapse of UK tour operator Thomas Cook, with Scor, Swiss Re and Arch disclosing claims costs...
- Insurance Insider / Article / 3 months ago
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