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Auto & General Insurance awarded an –AA credit rating

International credit rating agency, Global Credit Ratings (GCR), has awarded Auto & General Insurance with a claims paying ability rating of AA-. The rating signifies a very high claims paying ability, with strong protection factors.

Marsh to acquire majority stake in Panama-based broker Semusa

Marsh, a global leader in insurance broking and risk management, today announced that it has reached a definitive agreement to acquire a majority stake in Semusa, a leading insurance broker and advisor in Panama and Marsh’s long-standing local correspondent broker. Terms of the transaction were not disclosed.

European Trade Credit Insurance claims expected to rise in 2014: Marsh

Trade credit insurance claims are expected to rise in Europe, the Middle East and Africa (EMEA) throughout the remainder of 2014, as more firms across the region experience cashflow restrictions as a result of over-stretching themselves as they seek to capitalise on economic growth.

CIA wins FIA Underwriting Manager of the year Award 2014!