AM Best, a renowned credit rating agency, recently revised the outlook for Group Ark Insurance Limited (GAIL) from stable to positive regarding its Long-Term Issuer Credit Rating (Long-Term ICR). Concurrently, it affirmed a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term ICR of “a”
December 18, 2024
In a move set to reshape the landscape of cyber insurance, CyberCube, a prominent provider of cyber risk analytics, announced a groundbreaking partnership with St. Andrews Insurance Brokers, a leading retail brokerage in Canada. This collaboration involves the implementation of CyberCube’s Broking M
December 16, 2024
In a significant strategic move, Optalitix, a specialist in data analytics solutions, has partnered with PwC to enhance implementation services for its underwriting and pricing platform, Optalitix Quote. This collaboration specifically aims at insurers operating within the London Market, especially
December 11, 2024
In a move poised to revolutionize the life insurance industry, Canara HSBC Life Insurance has introduced OmniGen AI, an advanced artificial intelligence system aimed at transforming the underwriting process. Serving as a sophisticated assistant to human underwriters, OmniGen AI evaluates
December 5, 2024
The 66th edition of the Reinsurance News Monte Carlo Executive Roundtable, held during RVS in September 2024, provided a comprehensive discussion on the reinsurance market conditions leading up to the January 2025 renewals. Sponsored by BMS Re and PwC, the event highlighted the impressive
November 20, 2024
The collaboration between MIJS Captive Management, LLC, and International Re (I-RE) aims to revolutionize the insurance landscape for mid-market companies by offering bespoke commercial property and casualty (P&C) insurance solutions. Established within the legal services provider Moore Ingram
November 20, 2024
