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41 through 60 of 100 matching documents, best matches first.   Sort by date

AM Best Comments on Credit Ratings of Massachusetts Mutual Life Insurance Company and Its Subs Following Launch of New Reinsurer
Martello Re Limited (Martello Re). The launch of Martello Re, with an initial equity of $1.65 billion, has the financial support of MassMutual, Centerbridge Partners, Brown ...
Source: BestWire   Date: January 13, 2022
Life Reinsurer Martello Re Launches With $1.65 Billion in Equity and MassMutual Backing
Massachusetts Mutual Life Insurance Co. and other investors. The reinsurer will initially focus on providing MassMutual and its subsidiaries with reinsurance capacity on current ...
Source: BestWire   Date: January 12, 2022
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MS Amlin Launches Second Special Purpose Reinsurance Vehicle in Asia Pacific
Amlin Asia Pacific Pte. Ltd. has launched a second local special purpose reinsurance vehicle, Phoenix 2 Re Pte. Ltd., with $37.5 million of collateralized capacity. It will provide ...
Source: BestWire   Date: January 6, 2022
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AM Best Assigns Credit Ratings to Nectaris Re Ltd.
...Term Issuer Credit Rating of "a" (Excellent) to Nectaris Re Ltd. (Nectaris Re), the operating subsidiary of Nectaris Holdings Ltd. (both domiciled in Bermuda). The outlook assigned ...
Source: BestWire   Date: May 13, 2021
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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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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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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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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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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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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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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Swiss Re’s ReAssure to Pursue Initial Public Offering in July
London Stock Exchange, with the IPO expected to occur in July. The indicative price range for the IPO and the maximum number of shares to be sold in the offer, will be determined ...
Source: BestWire   Date: June 14, 2019
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Lag in International Business Recovery Slows MS&AD’s Fiscal-Year Profit Targets
Catastrophe losses slowed MS&AD Insurance Group Holdings Inc.'s international business recovery, even as the group continues to attempt to restore MS Amlin to profitability, it ...
Source: BestWire   Date: June 14, 2019
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GIAJ: Japan’s 2018 Typhoons and Flood Losses Exceed ¥1.5 Trillion
General Insurance Association of Japan. Typhoon Jebi resulted in ¥1.1 trillion in insurance claims, becoming the costliest typhoon and flood loss event in Japan. Fire, automobile ...
Source: BestWire   Date: May 28, 2019
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MS Amlin Appoints Chief Financial Officer
Chief Executive Officer Simon Beale said in a statement. MS Amlin said Pearce has experience with large, transformation projects and strategic initiatives. He will succeed John ...
Source: BestWire   Date: April 30, 2019
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MS&AD Plans to Increase Stake in Australia’s Challenger
Insurance Group Holdings Inc. has agreed to enhance its strategic alliance with Challenger Ltd., planning to increase its stake in the Australian annuity and financial services ...
Source: BestWire   Date: March 26, 2019
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Japanese Insurers Seek M&A Targets to Aid in Diversification
Willis Towers Watson said in a report. Japanese buyers have an appetite for assets that complement their local portfolios, particularly for specialty business areas and less ...
Source: BestWire   Date: January 25, 2019
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MS&AD Forms New Partnerships in US, Germany to Strengthen Digital Capabilities
Mitsui Sumitomo Insurance Co. Ltd.'s partnership with Element will enable the Japanese insurer to utilize the German insurtech company's technologies to enhance customer ...
Source: BestWire   Date: January 21, 2019
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Aioi Nissay Dowa Insurance Invests in Artificial Intelligence Company Verikai
Insurance Group Holdings Inc. Verikai is a consumer-insight platform for insurance and financial services, with the build up of specialized structures for personal data. It focuses ...
Source: BestWire   Date: January 8, 2019
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