News
Canopius Partners With MGA Focused on Credit and Political Risk
Canopius announced it has signed a partnership with Anvil Underwriting Ltd., a credit and political risk managing general agent (MGA). The agreement is effective from Sept. 3 and will allow Anvil to ...
PURE Wins A.M. Best Ratings Upgrade
The PURE Group of Insurance Companies won an A.M. Best ratings upgrade, thanks to its strong overall performance. Specifically, A.M. Best upgraded the financial strength rating to "A (Excellent)" ...
3-D Gun Designer Fields 600 Orders Even as Judge Blocks Publishing of Designs
A small Texas nonprofit is taking orders to mail blueprints for computer-made 3-D guns to anyone willing to pay for them just a day after a federal judge blocked the designs from being published ...
Markel’s Plans to Snatch Up Nephila Holdings Will Give It a Dominant ILS Market Stake
Specialty insurer Markel Corp. will acquire Nephila Holdings, a standalone insurance-linked securities manager. Plans call for closing the deal, pending regulatory approvals, in the 2018 fourth ...
Buffett Says Berkshire Bought Back Its Own Shares Along With Boosting Apple Stake
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate bought back its own stock for the first time since 2012 and added to its already huge stake in ...
Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Collaborators
Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the InsurTech space. The Swiss insurer launched what it is calling ...
Executives On The Move at Munich Re, PartnerRe and QBE North America
A unit of Munich Re added two new executives to its underwriting team. PartnerRe Ltd. announced a number of personnel changes for its board of directors. QBE North America appointed an executive to a ...
Church Mutual Launches Online Subsidiary Targeted to Smaller Religious Organizations
Church Mutual Insurance Co. has launched an online subsidiary targeted to smaller churches and other religious organizations. CM Select Insurance Co. will allow those clients to get quotes, purchase ...