James River Trims Third-Quarter Net Losses to $948,000
: James River Group Holdings Ltd. reduced its third-quarter net loss to $948,000 compared with a $42 million net loss during the year prior.
The company's combined ratio improved to 94.0 from 135.5 during the same period th...
Date: November 3, 2025
|
Aon & Fortitude Re Execs Join Lockton Re
: Lockton Re has appointed Darsh Patel to lead transaction structuring and reserving analytics globally and Jack McGregor to lead retrospective reinsurance and legacy solutions for North America.
Patel will be based in Loc...
Date: November 3, 2025
|
IQUW Exec Joins Fidelis Insurance as UK Underwriting Chief
: Fidelis Insurance Holdings Ltd. appointed William Waddell-Dudley as United Kingdom chief underwriting officer.
Waddell-Dudley will work closely with the Bermuda and Ireland chief underwriting officers to shape the compan...
Date: November 3, 2025
|
Ambac Completes $250 Million Purchase of Health Program Manager ArmadaCare
: Ambac Financial Group Inc. completed its acquisition of supplemental health program manager ArmadaCare from SiriusPoint Ltd.
Announcing the deal in September, Bermuda-based SiriusPoint Ltd. said it had agreed to sell whol...
Date: November 3, 2025
|
Fidelis Launches $300 Million Lloyd's Syndicate With Blackstone Backing
: The Fidelis Partnership launched Lloyd's Syndicate 2126 with $300 million in capacity in partnership with funds managed by Blackstone following in-principle approval from Lloyd's.
The new syndicate supports the expansion ...
Date: November 3, 2025
|
Scor CEO: Strong Profits, Excess Capacity Will Test Reinsurers' Underwriting Discipline
: Higher profits and capacity in excess of demand will test underwriting discipline in the property/casualty space in 2026, according to Scor SE Chief Executive Officer Thierry Léger.
"Climate change, geopolitical tensions,...
Date: October 31, 2025
|
AM Best Revises Issuer Credit Rating Outlook to Positive for Golden Tree Reinsurance Limited
: AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Golden Tre...
Date: October 31, 2025
|
Tokio Marine GX, MGA Northcourt Launch First Lloyd's Facility for Nuclear Fusion Tech
: Tokio Marine Holdings GX and managing general agent Northcourt said they've teamed up to launch the first Lloyd's facility specializing in coverage for nuclear fusion technology.
Nuclear fusion, the process of combining a...
Date: October 31, 2025
|
Nippon Life Completes Acquisition of Resolution Life in $8.2 Billion Deal
: Nippon Life Insurance Co. completed its acquisition of 100% of the shares of Resolution Life, a deal valued at $8.2 billion when announced last year.
Resolution Life is a global insurance group focused on reinsurance and ...
Date: October 31, 2025
|
AM Best Affirms Credit Ratings of Eni Insurance 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 Eni Insurance S.p.A. (EIS) (Italy), a captive of Eni S.p.A. (Eni), a multinational energy compan...
Date: October 31, 2025
|
AM Best Affirms Credit Ratings of R.V.I. Guaranty Co., Ltd. And R.V.I. America Insurance Company
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of R.V.I. Guaranty Co., Ltd. (RVI Guaranty) (Bermuda), and its subsidiary, R.V.I. America Insura...
Date: October 31, 2025
|
AM Best Comments on Credit Ratings of Starr International Company, Inc.’s Insurance Subsidiaries
: AM Best has commented that the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the insurance subsidiaries of Starr International Company, Inc. (S...
Date: October 30, 2025
|
AM Best Places Credit Ratings of IQUW Re Bermuda Limited Under Review With Positive Implications
: AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of IQUW Re Bermuda Limited (IQUW Re) (Bermuda). IQUW Re is ...
Date: October 30, 2025
|
Howden Norway Reappoints Exec to Chief Executive
: Howden appointed Anders Kvan to succeed Jan Tinus Larsen as chief executive officer of Howden Norway, effective immediately.
Larsen, who joined Howden Norway in 2018, was appointed CEO in 2024. He has played a significan...
Date: October 30, 2025
|
UK Reviewing Effectiveness of Low-Value Auto Settlement Program
: The United Kingdom's Ministry of Justice is reviewing the effectiveness of the whiplash reform program, which handles low-value, personal injury claims stemming from automobile accidents.
The program's goal is to reduce t...
Date: October 30, 2025
|
Axa Posts Nine-Month Revenue Growth in P/C, L/H Segments
: Axa SA posted nine-month revenue gains on growth in both the property/casualty and life/health segments.
Nine-month gross written premiums and other revenue rose to €89.4 billion ($103.39 billion) from €84.0 billion on a ...
Date: October 30, 2025
|
AM Best Revises Outlooks to Negative for Everest Group, Ltd. and Its Subsidiaries
: AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the operating subsidiar...
Date: October 29, 2025
|
Starr to Acquire Lloyd's Specialty Underwriter IQUW for Undisclosed Amount
: Commercial underwriter Starr said it agreed to acquire IQUW Group in a move that will expand the classes of business that Starr underwrites and position the combined company for growth across a broader range of global market ...
Date: October 29, 2025
|
MGA Incubator Mission Underwriters to Launch Lumara Insurance in United Kingdom
: Mission Underwriters, a managing general agent incubator that has 29 MGAs across more than 80 product lines, said it will support the launch of Lumara Insurance in the United Kingdom.
The new MGA will specialize in busine...
Date: October 29, 2025
|
AM Best Affirms Credit Ratings of Stewart Information Services Corporation and Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Stewart Title Guaranty Company (Stewart) (Houston, TX) and Stewart Titl...
Date: October 29, 2025
|