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181 through 200 of 593 matching documents, best matches first.   Sort by date

MassMutual to Provide $3 Billion in Free Life Coverage to Medical Professionals in COVID-19 Crisis
Massachusetts Mutual Life Insurance Co. will offer as much as $3 billion in free life insurance coverage to front-line medical workers in Massachusetts and Connecticut who are ...
Source: BestWire   Date: April 16, 2020
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MS&AD Net Income Rises to ¥271.8 Billion on Domestic Nonlife and International Results
Insurance Group Holdings Inc. currently have a Best's Financial Strength Rating ranging from A+ (Superior) to A- (Excellent). (By Renée Kiriluk-Hill, associate editor, BestWeek: ...
Source: BestWire   Date: February 18, 2020
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MassMutual Ventures Launches $100 Million Capital Fund in Southeast Asia
North America, Europe and Israel. MMV Holding said it is also a significant investor in and strategic partner of London-based venture capital firm Crane Venture Partners. Crane ...
Source: BestWire   Date: January 24, 2020
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MS Amlin Launches Specialist Equine Managing General Agency
Amlin said it launched David Ashby Underwriting Ltd., a specialist equine managing general agent. The MGA was formed following the buyout of MS Amlin's equine book of business and ...
Source: BestWire   Date: January 13, 2020
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Following Underwriting Review, MS Amlin Exits Domestic UK Property/Casualty Classes
The move is effective Jan. 31, 2020, the company said in a statement. "The decision to place these classes into run-off will enable us to focus on our core markets and ensure we ...
Source: BestWire   Date: December 18, 2019
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Phoenix CEO: Acquisition of Swiss Re’s ReAssure Group Confirms It as Europe’s Largest Life and Pension Consolidator
...Assure stakeholder MS&AD Insurance Group Holdings Inc. stakes in Phoenix. The deal will give Swiss Re a cash payment of £1.2 billion and shares in Phoenix representing a 13% to ...
Source: BestWire   Date: December 6, 2019
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AM Best Comments on Credit Ratings of Mitsui Sumitomo Ins. Co., Ltd. and Its US Subs., MS Amlin AG and Lloyd’s Syndicate 2001
Insurance Group Holdings, Inc. (MS&AD). The outlook of these Credit Ratings (ratings) remains stable. Concurrently, AM Best has commented that the FSRs of A+ (Superior) and the ...
Source: BestWire   Date: November 20, 2019
Sompo Lowers 2019 Profit Forecast on Higher Domestic Cat Losses
Domestic unit Sompo Japan Nipponkoa Insurance Inc. narrowed its underwriting loss to ¥21 billion, compared with a ¥58.4 billion loss in the prior-year half. Domestic natural ...
Source: BestWire   Date: November 19, 2019
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MS&AD Posts Higher Six-Month Profit Despite US$1.62 Billion MS Amlin Charge for Reorganization
Mitsui Sumitomo Insurance Co. Ltd., including international nonlife units and MS Amlin, improved to 86.3 from 90.2. For the Aioi Nissay Dowa Insurance Ltd. unit, the combined ratio ...
Source: BestWire   Date: November 19, 2019
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Aviation Losses Tighten Market, Create Openings Amid Recent Underwriter Exits
Adams told Best's News Service. He said the most high-profile and costly airline loss in the first half was an Ethiopian Airlines Boeing 737 Max 8, which crashed in March, killing ...
Source: BestWire   Date: October 28, 2019
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AM Best Assigns Issue Credit Rating to Massachusetts Mutual Life Insurance Company’s New Surplus Notes
Life Insurance Company (MassMutual) (Springfield, MA). The surplus notes will be due Oct. 15, 2070. The outlook assigned to this Credit Rating (rating) is stable. All other ...
Source: BestWire   Date: October 16, 2019
Japan Looks to Introduce Economic Value-Based Solvency Regime in 2025
International Association of Insurance Supervisors. The proposed regime is intended to appropriately recognize financial conditions of insurance companies by consistently ...
Source: BestWire   Date: October 3, 2019
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As Part of ‘Transformation,’ MS Amlin to Drop Nine Insurance Lines
Beale said in a statement. Affected business classes include P/C U.K. insurance, which includes corporate property/real estate/casualty/package binders/fleet, and aviation. ...
Source: BestWire   Date: October 1, 2019
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MS&AD: Typhoon Faxai to Cost at Least ¥100 Billion
MS&AD Insurance Group Holdings said it expects Typhoon Faxai, which struck Japan on Sept. 9, to cost the group at least ¥100 billion (US$926 million). In a statement, MS&AD said ...
Source: BestWire   Date: September 20, 2019
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AM Best Affirms Credit Ratings of MS First Capital Insurance Limited
Limited (MSFC) (Singapore). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MSFC's balance sheet strength, which AM Best categorizes as very strong, as ...
Source: BestWire   Date: September 20, 2019
MS&AD Posts 14.5% Rise in First-Quarter Net Income
Aioi Nissay Dowa Insurance Co. Ltd. and Mitsui Sumitomo Insurance Co. Ltd., aggregately rose due to an increase in underwriting profit, said MS&AD. Total underwriting profit for ...
Source: BestWire   Date: August 19, 2019
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Mitsui Sumitomo Swaps Shareholding in Max Life With Stake in Max Financial Services
Max Life," said the Japanese insurer. The transaction is subject to regulatory approvals. Mitsui Sumitomo invested in Max Life in 2012 for the expansion of life insurance business ...
Source: BestWire   Date: August 7, 2019
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Japan’s Nonlife Premiums Fell Slightly in 2018, Partly Due to Sale of Some Overseas Units
Sompo and Tokio Marine. The net income of the three groups aggregately increased 6.2% to ¥614 billion in the 2018 fiscal year, said the FSA. Despite the impact of natural ...
Source: BestWire   Date: July 16, 2019
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Mitsui Sumitomo Becomes PT Asuransi Jiwa Sinarmas’ Biggest Shareholder
Mitsui Sumitomo Insurance Co. Ltd., an unit of MS&AD Insurance Group Holdings Inc. has acquired an additional 30% stake of common stock in the Indonesia life insurance company PT ...
Source: BestWire   Date: July 9, 2019
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Japanese Nonlife Sector Capitalization Robust, Offsetting Higher Reinsurance Cost With Premium Hikes
Best Asia-Pacific Ltd. The impact on profitability from the rising reinsurance costs is expected to be offset by the rate hikes to some extent, said Shum. For the 2019 fiscal year ...
Source: BestWire   Date: June 21, 2019
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