Earnings diversity and robust capital has led S&P to upgrade its long-term issuer and financial strength ratings on Arch’s core re/insurance subsidiaries to ‘AA-’ from ‘A+’ and issuer credit rating on the holding company, Arch Capital Group Ltd., to ‘A’ from ‘A-’. The credit rating agency also assigned a stable outlook to the entities, citing […]
Old Republic Specialty Insurance Group, the largest business segment of Old Republic International Corporation and which specialises in the property and casualty market, has appointed Daniela James as Senior Vice President, Chief Reinsurance Officer. James joins the company after more than 19 years with Liberty Mutual Insurance, where she most recently served as Director of […]
A 26-year-old child care worker in Australia was charged with dozens of counts of rape and child abuse, sparking an effort to find other potential victims.
Accelerant has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed underwritten initial public offering (IPO). While the timing of the offering, number of Class A common shares to be offered and the price range for the proposed offering have not yet been determined, Accelerant […]
A jury found Ryland Headley, then aged 34, guilty of attacking Louisa Dunne in June 1967.
Global reinsurer Swiss Re has announced Gianfranco Lot will take on the additional role of Country President Switzerland, succeeding Urs Baertschi. In this expanded capacity, Lot will be responsible for representing Swiss Re’s interests in Switzerland. including the company’s headquarters in Zurich. This will encompass business, political and community engagement platforms. The executive brings over […]
Russia launches massive drone attacks on Ukraine; Karen Read trial resumes today after holiday break.
AXA has completed the sale of AXA Investment Managers (AXA IM) to BNP Paribas for cash proceeds of €5.1 billion. AXA has also finalised the sale of Select to AXA IM for €0.3 billion, bringing the total value to the previously announced €5.4 billion. The sale was initially announced last year. Following its completion, AXA […]
Two escapees from New Orleans jailbreak remain on the run; Military veterans who lost limbs while serving find new strength practicing jiu-jitsu.
Trump administration set to cancel all remaining federal contracts with Harvard, worth $100 million; NYC congestion pricing heads to court as MTA fights Trump administration’s push to end program.
