AM Best | Europe, Middle East & Africa



Regional News Headlines

The following news stories feature information regarding the Europe, Middle East & Africa marketplace.

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Swiss Insurers Helvetia, Baloise Complete Merger : Swiss insurers Helvetia Holding Ltd. and Baloise Holding Ltd. said they competed their merger to form Helvetia Baloise Holding Ltd. as all regulatory requirements have been met. "In the new structure, Helvetia Baloise is ...
Date: December 5, 2025
UK Regulators: Proportionate Regulations, Sector Engagement Keys to Mutuals Growth : The United Kingdom's Financial Conduct Authority and Prudential Regulation Authority said they are working to support sustainable growth for financial mutuals, including insurers, by leveraging proportionate regulations, enga...
Date: December 5, 2025
RiverStone International Holdings Appoints UK CEO : RiverStone International Holdings appointed Charlotte Pritchard to succeed Andrew Creed as United Kingdom chief executive officer effective Jan. 5, 2026, subject to regulatory approval. Creed, as previously announced, wi...
Date: December 5, 2025
Swiss Re Targets Life/Health Reinsurance Improvements in 2026 : Swiss Re Ltd. updated its strategy going into 2026, including an accelerated effort to improve its in-force life/health reinsurance book, as it affirmed its target net income of $4.5 billion for the year, said its chief execu...
Date: December 5, 2025
AM Best Upgrades Issuer Credit Rating of Ikal Insurance Company AG : AM Best has upgraded Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating of B++ (Good) of Ikal Insurance Company AG (Ikal) (formerly Kot Insurance Compa...
Date: December 5, 2025
AM Best Revises Outlooks to Positive for Ategrity Specialty Insurance Company Holdings and Its Subsidiaries : AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Ategrity Specialty Insurance...
Date: December 4, 2025
MSIG Europe's Chief Underwriting Officer Resigns : MSIG Europe said Patrick Smolka, chief underwriting officer, will leave the company at his own request for personal reasons on Dec. 31. Smolka was a member of the MSIG Europe AG’s Management Board for seven years, until t...
Date: December 4, 2025
Skyward Specialty Gets OK for $555 Million Acquisition of Lloyd's Underwriter Apollo Group : Skyward Specialty Insurance Group Inc. said it has received needed regulatory and shareholder approvals for its planned $555 million acquisition of Apollo Group Holdings Ltd. and expects it to close in the first quarter of 20...
Date: December 4, 2025
AM Best Affirms Credit Ratings of Continental Reinsurance Plc : AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Continental Reinsurance Plc (CRe Nigeria) (Nigeria), a wholly owned subsidiary of Continental Reinsura...
Date: December 4, 2025
AM Best Affirms Credit Ratings of National Grid Insurance USA Ltd : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National Grid Insurance USA Ltd (NGIUSA) (United States), a captive insurer of National Grid p...
Date: December 4, 2025
Spanish Regulator Approves Helvetia Acquisition of Caser : Helvetia Holding said it won regulatory approval in Spain to merge its Spanish units Helvetia Seguros and Helvetia Holding Suizo with Caser, which will remain the surviving entity. "Only a few administrative procedures r...
Date: December 4, 2025
AM Best Affirms Credit Ratings of NEWGT Reinsurance Company, Ltd. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NEWGT Reinsurance Company, Ltd. (NEWGT) (Bermuda). The outlook of these Credit Ratings (rating...
Date: December 4, 2025
AM Best Assigns Credit Ratings and National Scale Rating to Royal Insurance Company : AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb” (Fair) to Royal Insurance Company (Royal) (Egypt). Additionally, AM Best has assigned the Egypt National Scale Rating o...
Date: December 4, 2025
AM Best Affirms Credit Ratings of Dubai National Insurance & Reinsurance P.S.C. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Dubai National Insurance & Reinsurance P.S.C. (DNI) (United Arab Emirates). The outlook of the...
Date: December 4, 2025
AM Best Affirms Credit Ratings of African Reinsurance Corporation : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of African Reinsurance Corporation (ARC) (Nigeria). The outlook of these Credit Ratings (ratings) i...
Date: December 4, 2025
AM Best Affirms Credit Ratings of Enel Reinsurance - Compagnia di Riassicurazione S.p.A. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Enel Reinsurance - Compagnia di Riassicurazione S.p.A. (Enel Re) (Italy), a captive of Enel S....
Date: December 4, 2025
Bridgehaven Europe Holdings Completes Acquisition of MGA SureStone : Bridgehaven Europe Holdings Ltd. said it has completed a planned acquisition of Dublin-based managing general agent SureStone Insurance DAC in a European expansion, after clearing regulatory hurdles. Bridgehaven, a risk-t...
Date: December 3, 2025
Marine Mutual Swedish Club Expands to Americas With New York Presence : The Swedish Club said it is expanding into the Americas with the opening of a New York City office, its first U.S. presence. The move broadens the marine protection and indemnity mutual insurer's international reach and s...
Date: December 3, 2025
UK-based MGA Ripe Acquires Schofields in Expansion Into Holiday Homes Insurance : Digital managing general agent Ripe acquired holiday homes insurer Schofields Ltd. in its third major acquisition and an expansion into this specialty market. Ripe said in a statement the deal is subject to customary clos...
Date: December 3, 2025
Charles Taylor Exec Joins Arrowhead Intermediaries as CEO, International : Arrowhead Intermediaries appointed Steven Beard as chief executive officer, international, effective February 2026. In his new role, Beard will oversee Arrowhead’s international remit, including entities such as global s...
Date: December 3, 2025