AM Best has removed Aspida Life Re from the status of under review with developing implications and affirmed its financial strength rating of A- (excellent) with a stable outlook. 25 March 2021
The insurance-linked securities (ILS) and traditional reinsurance markets overcame “extraordinary losses in 2020” in the January 2021 renewals, with capital now back to pre-pandemic levels of $485 billion, according to AM Best. 24 March 2021
Lancashire Holdings has priced an offering of $400 million in aggregate principal amount of 5.625 percent fixed-rate reset junior subordinated notes due 2041. 24 March 2021
The COVID-19 pandemic has rendered some traditional approaches to cyber security redundant, according to Michael Rogers, a retired admiral and a board member of CyberCube, the cyber risk analytics specialist. 24 March 2021
A group of institutions representing the global re/insurance industry is making a sizable investment in the Oasis Loss Modelling Framework and open source standards. 23 March 2021
