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81 through 100 of 292 matching documents, best matches first.   Sort by date

Citing New Strategy, MS Amlin Acquires US Managing General Agency
Amlin said is the largest MGA market in the world. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, MS Amlin said in a ...
Source: BestWire   Date: April 7, 2021
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AM Best Places Credit Ratings of American Financial Group’s L/A Subs Under Review After Announced Sale; Comments on P/C Subs
American Financial Group, Inc. (AFG) (collectively referred to as Great America Life Group). Concurrently, AM Best has placed under review with developing implications the FSR of ...
Source: BestWire   Date: January 28, 2021
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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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
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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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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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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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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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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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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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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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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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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