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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ANV Group Holdings Completes Acquisition of Travel Insurance MGA Assured Underwriting Group : Global intermediary platform ANV Group Holdings Ltd. has completed its acquisition of managing general agent Assured Underwriting Group Ltd., in what is said is an expansion of its credit and protections segment. ANV said...
Date: October 5, 2026
BMA Deputy Managing Director: Investments to Get Closer Look in Transparency Push : Gerald Gakundi, deputy managing director of supervision for the Bermuda Monetary Authority, said regulators are pushing for greater transparency around the investments companies are holding. Gakundi spoke with AM Best TV at t...
Date: October 5, 2026
Former Munich Re Exec Joins Willis Re Germany as CEO : Willis Re, a specialist global reinsurance broking and advisory business, appointed Thomas Artmann as chief executive officer of Willis Re Germany, effective immediately. Artmann will lead the development of Willis Re’s o...
Date: October 5, 2026
Prismic Life Enters $5 Billion Reinsurance Contract With Prudential Financial : Prismic Life Holding Co. LP announced an agreement with Prudential Financial Inc. that will see it reinsure a portion of the insurer's recently originated Japanese whole life polices. Prismic said the agreement will see i...
Date: October 5, 2026
Jencap Program Administrator MiniCo Launches Industrial Casualty Trading Desk at Lloyd's : Jencap subsidiary and program administrator MiniCo Insurance Agency LLC has launched an industrial casualty trading desk at Lloyd's. It "centralizes expertise, streamlines underwriting and provides wholesalers with access...
Date: October 2, 2026
Mosaic Launches European Political Violence Coverage With $112.3 Million Capacity : Mosaic Insurance said it now writes political violence coverage through its European headquarters in Germany to meet rising demand in the region. Up to €100 million ($112.3 million) of syndicated capacity is offered, acce...
Date: October 2, 2026
Zurich CEO: Beazley Deal Creates Specialty Group With $1 Billion in Annual Growth : Zurich Insurance Group Ltd.'s completion of its $10.9 billion acquisition of Beazley plc creates the world's largest specialty insurance business with incremental annual revenue growth of more than $1 billion, Zurich's chief ...
Date: October 2, 2026
Generali in $168.5 Million Bancassurance Deal With Spanish Bank : Assicurazioni Generali S.p.A. said it will acquire a 9.9% stake in Spain's Banco de Crédito Cooperativo for €150 million ($168.5 million) in a deal it said strengthens Generali's bancassurance clout in the country. The de...
Date: October 2, 2026
AM Best Downgrades Credit Ratings of SanlamAllianz Re Ltd; Revises Under Review Status to Developing Implications : AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) from “a-” (Excellent) of SanlamAllianz Re Ltd (SAZ Re) (Mauritius). Concurrently, ...
Date: October 2, 2026
Global Broker Gallagher Appoints Head of Transaction Solutions, Germany : Gallagher appointed Philip Frerks as head of transaction solutions, Germany, within the global multidisciplinary private equity and mergers and acquisitions practice. Andrea Karkotis also joins Gallagher as associate dir...
Date: October 1, 2026
Sun Life Opens High-Net-Worth Subsidiary in Bermuda : Sun Life Financial Inc. said it has established a Bermuda-based, wholly owned insurance subsidiary of Sun Life Assurance Co. of Canada focused on high-net-worth clients. Sun Life Bermuda Ltd. is licensed and regulated by ...
Date: October 1, 2026
Regulator Approves BNP Paribas Cardif Deal for IndiaFirst Life Stake : The Competition Commission of India approved the acquisition of a 26% stake in IndiaFirst Life Insurance Co. Ltd. by France's BNP Paribas Cardif. The acquirer is a wholly owned subsidiary of BNP Paribas SA, which offers s...
Date: October 1, 2026
Wilton Re CEO: Reserving Requirement Is Bermuda's 'Secret Sauce' : When companies hedge risk, they hedge economics due to Bermuda's reserving requirement being aligned with true economic value, said Sylvia Oliveira, chief executive officer, Wilton Re Bermuda. Oliveira spoke with AM Best TV a...
Date: October 1, 2026
Zurich Closes on $10.9 Billion Beazley Acquisition : Zurich Insurance Group Ltd.'s $10.9 billion acquisition of London-based Lloyd's underwriter Beazley plc has become effective following delivery of a copy of the court order certifying the scheme. Under the terms of the sc...
Date: October 1, 2026
AM Best Assigns Credit Ratings to First Takaful Insurance Company – KPSC : AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb” (Fair) to First Takaful Insurance Company – KPSC (FTIC) (Kuwait). The outlook assigned to these Credit Ratings (ratings...
Date: October 1, 2026
AM Best Affirms Credit Ratings of Sigurd Rück AG : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Sigurd Rück AG (Sigurd) (Switzerland). The outlook of these Credit Ratings (ratings) is stable...
Date: October 1, 2026
AM Best to Attend 2026 Baden-Baden Reinsurance Meeting : AM Best will attend the 2026 Baden-Baden Reinsurance Meeting, scheduled for 18-22 October 2026, in Baden-Baden, Germany. AM Best will be represented by William Mills, senior director, market development, EMEA, and Romeo Ber...
Date: October 1, 2026
VIG Re Appoints Chief Business Officer : VIG Re has appointed Catrina Gemmerich to succeed Stephan Wirz as a member of the board of management and chief business officer on March 1, 2027, subject to regulatory approval. Wirz has completed his mandate. Gemmerich ...
Date: September 30, 2026
Law Firm: UK Captive Insurance Consultations Seek Mid-2027 Regime Launch : Recently released captive insurance regime consultations by U.K. regulators would create a distinct regulatory framework for single-parent or "pure" captives with lower capital requirements, streamlined governance and reporti...
Date: September 30, 2026
AM Best Affirms Credit Ratings of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. (Solunion) (Spain). The o...
Date: September 30, 2026