European Commission OKs Zurich's $10.9 Billion Acquisition of Beazley
: The European Commission approved the $10.9 billion acquisition of London-based Beazley plc by Switerland's Zurich Insurance Group Ltd.
"The commission concluded that the notified transaction would not raise competition co...
Date: July 10, 2026
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Scor and Japan Post Have Memorandum of Understanding on Ceding Policies, Reinsurance
: Scor SE and Japan Post Insurance Co. Ltd. have reached a memorandum of understanding under which the Japanese carrier would cede some policies and invest in a new reinsurance vehicle, Scor said.
The MOU has three componen...
Date: July 10, 2026
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UK FCA: Consumer Duty Concerns Resulted in 382 Interventions in Past Fiscal Year
: The United Kingdom Financial Conduct Authority said concerns over potential Consumer Duty violations resulted in 382 interventions during the past fiscal year and 11 formal investigations since the rules went into place three...
Date: July 10, 2026
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Tryg CEO: Q2 Profit Hit by Workers' Comp Ruling, Commercial Large Losses
: A workers' compensation ruling from Denmark's Supreme Court led to lower second-quarter profit for Denmark's Tryg A/S as the group also saw higher large losses in commercial lines, its chief executive officer said.
The gr...
Date: July 10, 2026
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Aviva Acquires Remaining Stake in India Life Joint Venture
: Aviva plc said it agreed to buy the remaining 26% share of Aviva Life Insurance Co. India Ltd. from Dabur Invest Corp., its local joint venture partner.
The deal will give it full control over the strategic direction of ...
Date: July 10, 2026
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AM Best Assigns Preliminary Credit Assessment to Triangle Life Insurance Co Ltd.
: AM Best has assigned a Preliminary Credit Assessment (PCA) to Triangle Life Insurance Co Ltd. (Triangle Life) (Hamilton, Bermuda) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assess...
Date: July 10, 2026
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AM Best Affirms Credit Ratings of Société Tunisienne de Réassurance
: AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Société Tunisienne de Réassurance (Tunis Re) (Tunisia). The outlook of these Credit Ratings (ratings) is ...
Date: July 10, 2026
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Allianz Partners Names Regional Managing Director for Asia-Pacific and Middle East and Africa
: Allianz Partners appointed Carsten Staat to succeed Vinay Surana as regional managing director for Asia-Pacific, Middle East and Africa, effective Aug. 1.
Surana has been leading the Asia-Pacific and MEA region for six y...
Date: July 9, 2026
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Hong Kong Approves Two New Captive Insurers, Bringing Total to Nine
: Hong Kong's regulator approved two new captive insurers, bringing the domiciles captive total to nine companies.
The Insurance Authority approved HSH Captive Ltd., created by Hongkong and Shanghai Hotels Ltd., a luxury ho...
Date: July 9, 2026
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Perils Lowers Loss Estimate for European Storm Goretti to $534.9 Million
: Perils AG lowered its third loss estimate for European Windstorm Goretti to €468 million ($535.2 million).
The estimate for Goretti, also known as Elli, hit southwest England, northern France and Belgium on Jan. 8-9, the ...
Date: July 9, 2026
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Intact Reports Higher-Than-Expected 2Q Cat Losses of $293.3 Million
: Intact Financial Corp. reported elevated catastrophe and large losses for the second quarter as the combined total was C$416 million ($293.3 million), C$247 million above expectations.
The estimates were on a pretax basis...
Date: July 9, 2026
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Allianz Partners: AI-Aided Transition Will Impact Up to 1,800 Jobs
: Allianz Partners confirmed up to 1,800 jobs will be affected as it reconfigures its processes amid technological change.
Between 1,500 and 1,800 workers in Europe will be affected, in Europe, with about 80 to 100 of them ...
Date: July 8, 2026
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Aon Appoints Operations Chief for Reinsurance, UK and Ireland Team
: Aon announced a series of leadership appointments within its reinsurance United Kingdom and Ireland team, including Andrew Buckland as chief operating officer.
Charlie New was named as head of business strategy, Andrew La...
Date: July 8, 2026
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MGA Arrow Establishes Marine Insurance Practice, Appoints Underwriting Practice Leader
: Managing general agent Arrow Risk Management has established a marine insurance practice with the appointment of Wayne Krause as underwriting practice leader.
Krause has more than 30 years’ experience across underwriting ...
Date: July 8, 2026
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AM Best Affirms Credit Ratings of Orient Insurance PJSC and Its Main Subsidiaries, Orient Insurance Company - Egypt and Orient Takaful PJSC
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Orient Insurance PJSC (Orient) (United Arab Emirates) [UAE]. and its subsidiaries, Orient Insu...
Date: July 8, 2026
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Arch Insurance International Appoints Head of Digital Algorithms
: Arch Insurance International has appointed Fred Bisson as head of digital algorithms, effective immediately.
Bisson will be responsible for developing and overseeing algorithmic solutions that strengthen Arch’s digital tr...
Date: July 8, 2026
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Liberty Mutual Insurance Names Global Lines Leader for Global Transaction Solutions Business
: Liberty Mutual Insurance Group has appointed Gareth Rees to succeed Rowan Bamford as global lines leader for its global transaction solutions business.
Bamford has left the company to pursue other opportunities.
Rees w...
Date: July 8, 2026
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AM Best Affirms Credit Ratings of Accelerant Holdings’ Rated Subsidiaries
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accelerant Insurance Europe SA (AIE) (Belgium), Accelerant Insurance UK Limited (AIUK) (Unite...
Date: July 8, 2026
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Aviva, Axis Launch Lloyd's Consortium for UK Renewable Energy
: Aviva plc and and Axis Capital Holdings Ltd. launched a Lloyd’s consortium they said will support new renewable energy projects and aid the United Kingdom's 2030 net zero ambitions.
The partnership will bring capacity to ...
Date: July 8, 2026
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Specialty MGA Nirvana to Acquire Ryan C&S Assets in Sweden
: Specialty managing general agent Nirvana said it will acquire certain assets of Ryan C&S in a move it said will provide insurance products to entities across Sweden.
Ryan C&S is a division of Ryan Specialty Nordics, Nivan...
Date: July 8, 2026
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