RSA Insurance Group

AM Best Affirms Credit Ratings of Liva Group SAOG

Retrieved on: 
Friday, January 5, 2024

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Liva Group SAOG (Liva Group) (Oman).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Liva Group SAOG (Liva Group) (Oman).
  • In 2023, National Life and General Insurance Company SAOG (NLGIC) was renamed Liva Group SAOG after having adopted the brand name of ‘Liva’.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

WTW announces election of three new Board Directors

Retrieved on: 
Thursday, December 8, 2022

The Board made these selections as part of its multi-year succession planning process, utilizing the assistance of a leading search firm.

Key Points: 
  • The Board made these selections as part of its multi-year succession planning process, utilizing the assistance of a leading search firm.
  • Each has decided not to stand for re-election in light of other commitments and in furtherance of the Board succession plan.
  • Paul Thomas, WTW Board Chair, said: “On behalf of the Board, I would like to welcome our three new Directors and to thank Brendan and Linda, our two outgoing Directors, for the many years of dedicated service that they have given WTW.
  • At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital.

AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of National Life and General Insurance Company SAOG

Retrieved on: 
Friday, December 9, 2022

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to a- (Excellent) from bbb+ (Good) of National Life and General Insurance Company SAOG (NLGIC) (Oman).

Key Points: 
  • AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to a- (Excellent) from bbb+ (Good) of National Life and General Insurance Company SAOG (NLGIC) (Oman).
  • These rating actions follow the completion of the acquisition by NLGIC of Royal & Sun Alliance Insurance (Middle East) Limited B.S.C.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

U.S. Employees Feel Little Concern for Data Theft at Work, New Research Reveals

Retrieved on: 
Tuesday, October 25, 2022

In collaboration with research company Ipsos, Terranova Security surveyed 1,500 U.S. employees and found that the level of concern over cyber risks was alarmingly low.

Key Points: 
  • In collaboration with research company Ipsos, Terranova Security surveyed 1,500 U.S. employees and found that the level of concern over cyber risks was alarmingly low.
  • Just over a third (35%) of employees express little-to-no concern about data theft at work, and 20% believe they can't be targeted at all by cyber criminals.
  • The research shows there is still confusion among employees over who is responsible for protecting company data, despite human error being the cause of 95% of cyber issues .
  • The research highlights that U.S. businesses are failing to provide employees with enough education on common cyber threats and security best practices.

United Kingdom Commercial Insurance Markets Report 2022-2027: Rising Usage of Automatic and Complex Devices in Retail, Construction and Healthcare Industries - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 30, 2022

Some of the companies covered in this report are Aviva, RSA Insurance, Direct Line, Alliance, Phoenix Group, Liverpool Victoria, Prudential, Old Mutual , etc.

Key Points: 
  • Some of the companies covered in this report are Aviva, RSA Insurance, Direct Line, Alliance, Phoenix Group, Liverpool Victoria, Prudential, Old Mutual , etc.
  • The report presents a detailed Ansoff matrix analysis for the UK's Commercial Insurance Market.
  • The analyst analyses UK's Commercial Insurance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • A complete analysis of the market, including the parent industry
    Rising Usage of Automatic and Complex Devices In The Retail, Construction and Healthcare Industries

Black Virtual Career Fair to Host Remote Work-Focused Career Fair

Retrieved on: 
Thursday, August 18, 2022

OAKLAND, Calif., Aug. 18, 2022 /PRNewswire/ -- Black Virtual Career Fair (BVCF) will host a Remote + Tech virtual career fair with unique and exciting remote career opportunities with forward-thinking and inclusion-minded companies. The virtual fair will be Thursday, August 25, 9:00 AM - 1:00 PM PST and is open to passive and active professional candidates at ALL levels, offering opportunities nationwide in various industries.

Key Points: 
  • OAKLAND, Calif., Aug. 18, 2022 /PRNewswire/ -- Black Virtual Career Fair (BVCF) will host a Remote + Tech virtual career fair with unique and exciting remote career opportunities with forward-thinking and inclusion-minded companies.
  • As employers return to the onsite workplace, some have faced more resistance from Black employees wanting to work from home.
  • A Future Forum/Slack survey of more than 10,000 workers reveals that a preference for remote or hybrid work is highest among 97% of Black knowledge workers(i.e.
  • "During the pandemic, many companies lost key talent because they did not adjust their work environment to include more remote opportunities," adds Lakeisha Poole,Partner, Black Virtual Career Fair and Founder, Onyx Community Connection.

SecZetta Delivers Strong First Quarter with Record Customer Wins and New Strategic Partnerships

Retrieved on: 
Tuesday, June 21, 2022

SecZetta , the leading provider of third-party identity risk solutions, today shared its business growth highlights for the first quarter of its 2023 fiscal year ending in April 2022.

Key Points: 
  • SecZetta , the leading provider of third-party identity risk solutions, today shared its business growth highlights for the first quarter of its 2023 fiscal year ending in April 2022.
  • During a merger or acquisition, thousands of employees and third-party users may need to be added to the parent companys digital identity management system.
  • SecZetta continues to expand its customer base across a variety of industries.
  • New Q1 customer wins include:
    Mohegan Gaming & Entertainment - the premier gaming, entertainment, meeting, dining, and shopping destination on the East Coast.

Intact Financial Corporation Announces $100 Million Preferred Share Offering

Retrieved on: 
Monday, March 7, 2022

TORONTO, March 07, 2022 (GLOBE NEWSWIRE) -- Intact Financial Corporation (TSX:IFC) (“Intact” or the “Company”) announced today that it has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. together with BMO Capital Markets, CIBC Capital Markets, National Bank Financial, RBC Capital Markets and Scotiabank pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 4,000,000 Non-Cumulative Class A Shares, Series 11 (the “Series 11 Shares”) from Intact for sale to the public at a price of $25.00 per Series 11 Share (the “Offering Price”), representing aggregate gross proceeds of $100 million (the “Offering”).

Key Points: 
  • Intact has granted the underwriters an underwriters option to purchase up to an additional 2,000,000 Series 11 Shares at the Offering Price, which option is exercisable at any time up to 48 hours before closing of the Offering.
  • Should the underwriters option be fully exercised, the total gross proceeds of the Offering will be $150 million.
  • The Series 11 Shares will yield 5.25% per annum, payable quarterly, as and when declared by the Board of Directors of the Company.
  • In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect.

Global Pet Insurance Market (2021 to 2030) - Opportunity Analysis and Industry Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, February 4, 2022

The "Pet Insurance Market by Policy Coverage, by Animal Type, by Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pet Insurance Market by Policy Coverage, by Animal Type, by Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
  • Increased demand for pet insurance policies and rise in need for financial safety in case of surge in uncertainties boost the growth of the global pet insurance market.
  • The key players profiled in the pet insurance market analysis are Embrace Pet Insurance Agency, LLC, Figo Pet Insurance LLC., Hartville Group, Nationwide, Pet Assure Corp., PetFirst, Ipet Insurance, Pets Best Insurance Services, LLC, Royal & Sun Alliance (RSA), and Trupanion.
  • Information about key drivers, restraints, & opportunities and their impact analysis on global pet insurance market trends is provided in the report.

Expert.ai Strengthens Business Agreement with Multinational Insurance Company RSA

Retrieved on: 
Thursday, January 27, 2022

Under this new agreement, RSA will increase the reach of intelligent document processing to a broader tranche of pet insurance claims.

Key Points: 
  • Under this new agreement, RSA will increase the reach of intelligent document processing to a broader tranche of pet insurance claims.
  • "From the simplest to the most complex situations, RSA dedicated claims teams aim to handle every case with efficiency and consistency," saidAndrew Moore, Pet Claims Director at RSA.
  • RSA Insurance is a multinational insurance group.
  • For more information about RSA Insurance, please visit https://www.rsagroup.com/
    Expert.ai (EXAI: IM) is the premier artificial intelligence platform for language understanding.