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161 through 180 of 593 matching documents, best matches first.   Sort by date

UK Supreme Court Sides Against Insurers in COVID-19 Business Interruption Test Case
Court ruled on an appeal brought from the U.K. high court, which also sided with policyholders. In some areas, the Supreme Court expanded cover allowed under the BI policies. The ...
Source: BestWire   Date: January 15, 2021
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Lloyd’s Underwriter MS Amlin Launches Asia-Focused Insurance-Linked Securities Reinsurer
Amlin Underwriting Ltd. said its MS Amlin Asia Pacific Pte. Ltd. unit launched a local special purpose reinsurance vehicle to provide collateralized capacity to support MS Amlin ...
Source: BestWire   Date: January 5, 2021
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Commonwealth Bank of Australia Gains China Approval for $661 Million BoCommLife Divestiture
...Life to MS&AD Insurance Group Holdings Inc., the parent company of Mitsui Sumitomo Insurance Co., CBA said. The final sale proceeds expected to be received by CBA are A$886 million ...
Source: BestWire   Date: December 9, 2020
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MassMutual Fills Newly Created Role of Head of Supplier Diversity
Massachusetts Mutual Life Insurance Co.has named Regina Heyward in the newly created role of head of supplier diversity. The position was created to strengthen MassMutual's ...
Source: BestWire   Date: December 8, 2020
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MS&AD Contributes to $13.6 Million Funding Round for Insurtech Mind Foundry
After a successful project with ANDI's U.K. subsidiary, Insure The Box Ltd., ANDI plans to make the Mind Foundry platform a core part of their digital transformation strategy ...
Source: BestWire   Date: November 9, 2020
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UK Supreme Court to Hear FCA Test Case Appeal Starting Nov. 16
Arch Insurance, QBE, Hiscox Insurance Co. Ltd., Argenta Syndicate Management Ltd. and MS Amlin Underwriting Ltd. filed applications to appeal (Best's News, Oct. 22, 2020). The FCA ...
Source: BestWire   Date: November 3, 2020
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About 160 Jobs Will Be Eliminated Following Empower Acquisition of MassMutual Retirement Business
More than a month after Massachusetts Mutual Life Insurance Co. announced a $2.35 billion deal in which Empower Retirement will acquire its retirement plan business, the company ...
Source: BestWire   Date: October 21, 2020
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American Equity Rejects $3 Billion Athene, MassMutual Deal in Favor of Brookfield Partial Buy
Massachusetts Mutual Life Insurance Co. Instead, Brookfield Asset Management Co. will acquire a 19.9% ownership interest in American Equity, initially investing 9.9% equity ...
Source: BestWire   Date: October 19, 2020
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MassMutual and GIC to Hold 49% Share in Rothesay Life With Blackstone Stake
Massachusetts Mutual Life Insurance Co., headed by chief executive Roger Crandall, and investment firm GIC said they will each hold a 49% interest in Rothesay Life plc after ...
Source: BestWire   Date: October 1, 2020
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AM Best Affirms Credit Ratings of Great-West Lifeco Inc. and Its Subsidiaries
Canada Life Assurance Company (Winnipeg, Manitoba) and its affiliates. Concurrently, AM Best has affirmed the Long-Term ICR of "a" and the Long-Term Issue Credit Ratings (Long-Term ...
Source: BestWire   Date: September 30, 2020
AM Best Upgrades Issuer Credit Rating of MS First Capital Insurance Limited
First Capital Insurance Limited (MSFC) (Singapore). The outlook of these Credit Ratings (ratings) is stable. These ratings reflect MSFC's balance sheet strength, which AM Best ...
Source: BestWire   Date: September 18, 2020
AM Best Comments on Sale of Massachusetts Mutual Life Insurance Company’s Retirement Services Business to Empower Retirement
... Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information ...
Source: BestWire   Date: September 8, 2020
UK Insurers in BI Test Case Say COVID-19 Claims Are Outside Policy Language
Commercial Court Financial List. "The court should reject the FCA's invitation to embrace what amounts to a set of heterodox, unprincipled propositions with potentially ...
Source: BestWire   Date: July 16, 2020
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AM Best Affirms Credit Ratings of MS Amlin AG and Lloyd’s Syndicate 2001
Amlin Underwriting Limited. The outlook of these Credit Ratings (ratings) remains stable. MS Amlin AG's ratings reflect the company's balance sheet strength, which AM Best ...
Source: BestWire   Date: June 12, 2020
AM Best Affirms Credit Ratings of DTRIC Insurance Company, Limited and DTRIC Insurance Underwriters, Limited
Both companies are domiciled in Honolulu, HI. The ratings reflect DTRIC's balance sheet strength, which AM Best categorises as strong, as well as its marginal operating ...
Source: BestWire   Date: June 12, 2020
AM Best Affirms Credit Ratings of MS&AD Insurance Group Holdings, Inc.’s Main Operating and U.S. Subsidiaries
Dowa Insurance Company Limited (ADI) (Japan). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of "aa" of MSI's U.S. operating companies: Mitsui ...
Source: BestWire   Date: June 12, 2020
UK Regulator Seeks Expedited Review of BI Test Case; June 16 Hearing May Be Livestreamed
They are Arch Insurance (UK) Ltd.; Argenta Syndicate Management Ltd.; Ecclesiastical Insurance Office plc; Hiscox Insurance Co. Ltd.; MS Amlin Underwriting Ltd.; QBE UK Ltd.; Royal ...
Source: BestWire   Date: June 11, 2020
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AM Best Affirms Credit Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries
Life Insurance Company (MassMutual) and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (both domiciled in Enfield, CT). ...
Source: BestWire   Date: June 5, 2020
UK Regulator Taps Insurers for Business Interruption Test Case
Court hearing in the second half of July, the FCA said in statement. The FCA asked the following insurers to assist by participating in the High Court test case: Arch Insurance ...
Source: BestWire   Date: June 1, 2020
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AM Best Assigns Issue Credit Rating to Massachusetts Mutual Life Insurance Company’s Surplus Notes
Best guidelines for its ratings. The interest rate for the issued surplus notes is 3.375%, and the proceeds will be used for general corporate purposes. AM Best believes the ...
Source: BestWire   Date: April 28, 2020

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