Philadelphia Insurance Companies

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There are 99 between 10/15/2018 8:00:56 PM and 10/19/2018 8:00:56 PM.
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Blue Cross Blue Shield of Louisiana to Acquire Vantage Health Plans: Blue Cross and Blue Shield of Louisiana said it is acquiring health insurer Vantage Health Plan. BCBS will acquire majority ownership of Vantage from parent Vantage Holdings Inc., pending approval of the deal by state and f...
Date: October 19, 2018 Source: BestWire News

Prudential Financial: Recent UK Longevity Reinsurance Deals Signal Market Growth: Prudential Retirement, a unit of Prudential Financial Inc., said it concluded $3.2 billion in previously undisclosed longevity reinsurance contracts in the United Kingdom in what the U.S.-based group said is “a further sign t...
Date: October 19, 2018 Source: BestWire News

Aon Launches ‘New Ventures’ Group, Appoints Chief Innovation Officer: Aon plc said it established a “new ventures group” organized by a chief innovation officer as part of the broker and consultancy’s “Aon United” growth strategy. Tony Goland, chief human resources officer, was appointed chie...
Date: October 19, 2018 Source: BestWire News

A.M. Best Affirms Credit Ratings of Core Traditional Business Subsidiaries of Grupo Catalana Occidente, S.A.: A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Seguros Catalana Occidente, S.A. de Seguros y Reaseguros (SCO) (Spain), Bilbao, Compañía Anónima de Segu...
Date: October 19, 2018 Source: BestWire News

Louisiana Citizens’ 8.3% Commercial Property Rate Cut Approved for 2019: Insurance Commissioner Jim Donelon approved an 8.3% commercial property rate cut for Louisiana Citizens Property Insurance Corp. The rate reduction for 2019 follows a 5.2% rate reduction Citizens received for its commercial...
Date: October 19, 2018 Source: BestWire News

A.M. Best Upgrades Issuer Credit Rating of Atradius Seguros de Crédito, S.A.: A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) and the Mexico National Scale Rating of “aaa.MX” of Atradius Seguros de Cr...
Date: October 19, 2018 Source: BestWire News

A.M. Best Upgrades Issuer Credit Ratings of Main Operating Subsidiaries of Atradius N.V.: A.M. Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) of Atradius Crédito y Caución S.A. de Seguros y Reaseguros (ACyC) (Spain...
Date: October 19, 2018 Source: BestWire News

SBAI Executive Director: Setting Standards for Convergence Capital Builds Confidence: Thomas Deinet, executive director, Standards Board for Alternative Investments, said participants in the convergence capital sector should commit to standards for consistent valuation and other practices in order to increase ...
Date: October 19, 2018 Source: BestWire News

GuideOne CFO: Tech Transitions Create Openings for New Insurance Talent: Elisabeth Sandersfeld, senior vice president and chief financial officer, GuideOne, said the technological evolution of insurance should make it more attractive to younger entrants, who will see a wider range of opportunity. ...
Date: October 19, 2018 Source: BestWire News

MetLife Global Head: Tech Advances Help Create Products That Change With the Customer: Chris Smith, executive vice president and head of global operations, MetLife, said better use of data will allow insurers to build products that better match their customer needs, including and helping to prevent loss. Smith ...
Date: October 19, 2018 Source: BestWire News

Everest Re Anticipates Net Third-Quarter Catastrophe Losses of About $240 Million: Everest Re Group Ltd. is anticipating estimated preliminary pretax catastrophe losses of $240 million for the third quarter, net of reinsurance. The estimate includes third-quarter 2018 losses from Hurricane Florence, Calif...
Date: October 19, 2018 Source: BestWire News

BestWeek: Ahead of Mid-Term Election, Industry Spends Millions Lobbying on NFIP, Health, Taxes: With the midterm election just weeks away, representatives of the U.S. insurance industry have spent $45.1 million to lobby Congress on top industry priorities, according to this week’s issue of BestWeek. That includes extend...
Date: October 19, 2018 Source: BestWire News

Argo Estimates Third-Quarter Catastrophe Losses at $25 Million: Argo Group International Holdings Ltd. is estimating preliminary pretax catastrophe losses of about $25 million for the third quarter. Catastrophe losses are related mainly to Hurricane Florence, Typhoon Jebi and other cat...
Date: October 19, 2018 Source: BestWire News

Regulator Says North Carolina Hurricane Florence Losses Could Reach $1.7 Billion: Insured losses from Hurricane Florence in North Carolina are on track to reach $1.7 billion, according to the state Department of Insurance. More than 282,000 claims have been filed, with about 65,000 claims settled for mor...
Date: October 19, 2018 Source: BestWire News

SIRC to Focus on Changing Reinsurance Landscape: The 15th Singapore International Reinsurance Conference will focus on the changing dynamics of the reinsurance sector and how reinsurers must adapt to these changes to stay relevant, according to the organizers of the annual ...
Date: October 19, 2018 Source: BestWire News

IFC Invests US$7 Million in Online Insurance Broker in Thailand: World Bank’s International Finance Corp. invested US$7 million in Roojai Co. Ltd., an online car insurance broker in Thailand. The IFC in a statement said its investment will help Roojai further develop its digital marketin...
Date: October 19, 2018 Source: BestWire News

China’s Regulator Promotes Agriculture, Small Loan Insurance as Part of Inclusive Finance Plan: The China Banking and Insurance Regulatory Commission has encouraged the introduction of more agriculture insurance and microfinance products to develop the country’s inclusive finance — the range of banking products and fina...
Date: October 19, 2018 Source: BestWire News

Philippines Considers Catastrophe Bonds for Disaster Coverage: The Philippine government is looking to sponsor a catastrophe bond issue to help cover disaster-related risks in the country, the Department of Finance said in a statement. Finance Secretary Carlos Dominguez discussed the p...
Date: October 19, 2018 Source: BestWire News

A.M. Best Affirms Credit Ratings of European Liability Insurance for the Nuclear Industry: A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of European Liability Insurance for the Nuclear Industry (Elini) (Belgium). The outlook of these Credit Rat...
Date: October 19, 2018 Source: BestWire News

A.M. Best Revises Outlooks to Stable for Members of HAI Group: A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of the insurance entities of HAI Group...
Date: October 19, 2018 Source: BestWire News

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