U.S.
Clear Blue, New U.S. Commercial Insurance Fronting Outfit, Rolls Out Nationally
A newly-formed commercial insurance fronting provider, Clear Blue Financial Holdings LLC, said it has officially launched with two fully-licensed fronting carriers and will begin servicing clients ...
Most Insurers Both Ready for and Threatened by Solvency II
With only a few weeks left before Solvency II rules kick in on Jan. 1, most insurers are at least somewhat ready for the new minimum capital requirements, according to a new survey of executives from ...
Allianz Global Corporate & Specialty Launches U.S. Cyber Unit
Allianz Global Corporate & Specialty (AGCS) is launching a dedicated cyber unit in the U.S. as part of its Financial Lines portfolio. Emy R. Donavan and Jenny Soubra have been named national ...
Europe’s Domestic Regulators Add Tougher Rules On Top of Solvency II
Domestic regulators are increasingly "gold-plating" new European insurance capital rules by adding their own more stringent requirements, according to a survey of insurance trade associations. ...
Concord Group Insurance Pool Elicits A.M. Best Ratings Downgrade
Members of the Concord Group Insurance Pool are facing ratings downgrades from A.M. Best. The main reason: an "inconsistent" operating performance. What that means is that pool members Concord ...
Chinese Online Property Insurer ZhongAn Tops List of Financial Technology Innovators
Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and ...
Q3 Was a Flat Quarter for Commercial Insurance Prices: Towers Watson
Workers compensation, commercial property and directors and officers insurance all experienced price decreases in the 2015 third quarter, during a period where commercial insurance prices overall ...
Executives On The Move at Allianz, Marketform and Beazley
Allianz Global Corporate & Specialty has a new regional practice leader for environmental impairment liability in North America. Marketform named its latest global M&A head. Beazley appointed ...