Thomas Miller Shareholders Agree to Acquisition by Concurrently Merging Mutuals TT Club, UK P&I
: Thomas Miller shareholders have accepted an acquisition offer from TMH Bidco, a special purpose vehicle owned by two mutuals it manages and that plan their own merger — TT Club and UK P&I.
UK P&I Chief Executive Officer A...
Date: July 15, 2026
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MGA Dual Launches Transactional Risk Coverage Amid Client Demand
: Managing general agent Dual Group said it launched as global transactional risk offering as part of a unification.
Dual said the unified offering will combine its knowledge across warranty and indemnity/representations an...
Date: July 15, 2026
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AM Best Places Credit Ratings of Through Transport Mutual Insurance Association Limited and Its Subsidiaries Under Review With Developing Implications
: AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Through Transport Mutual Insurance Association Limited...
Date: July 15, 2026
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AM Best Assigns Credit Ratings to Harel Insurance Investments & Financial Services Ltd’s Main Operating Subsidiary, Harel Insurance Company Ltd.
: AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Harel Insurance Company Ltd. (Harel Insurance) (Israel), the main operating subsidiary of Harel Insu...
Date: July 15, 2026
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In Growth Effort, Saudi Re Takes 22.5% Stake in Lloyd's Underwriter AdA
: Saudi Reinsurance Co is taking a 22.5% stake in Lloyd's underwriter AdA Risk Holding Co. Ltd. for £8.95 million ($12.0 million).
The deal is part of a "natural development" in the two companies' relationship and gives AdA...
Date: July 15, 2026
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AM Best Affirms Credit Ratings of Al Ahleia Insurance Company S.A.K.P.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Al Ahleia Insurance Company S.A.K.P. (Al Ahleia) (Kuwait). The outlook of these Credit Ratings (...
Date: July 15, 2026
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Best’s Market Segment Report: AM Best Maintains Stable Outlook on Global Cyber Insurance Segment
: AM Best is maintaining its stable outlook on the global cyber insurance segment, as demand for coverage remains robust despite a softening in pricing. Additional factors in this outlook include continued digitization, expandi...
Date: July 15, 2026
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Arch Insurance International Appoints Cyber Underwriting Manager
: Arch Insurance International promoted Sophie Law to cyber underwriting manager, effective immediately.
Law will be responsible for overseeing the underwriting activities across the cyber portfolio, spanning cyber, tech e...
Date: July 14, 2026
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Munich Re Launches Lloyd's Miner Rescue Consortium With $40 Million Limit
: Munich Re said its specialty Lloyd's syndicate launched a consortium for miner rescue insurance to provide quick coverage in the event of a mining disaster.
The consortium launched by Munich Re Specialty – Global Markets,...
Date: July 14, 2026
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Best’s Market Segment Report: U.S. Property/Casualty Sector Notches Strongest Performance in a Decade
: The U.S. property/casualty (P/C) industry capitalized on improved underwriting and pricing in 2025 to generate its best performance of the past decade, according to a new AM Best report.
The Best’s Special Report, titled “202...
Date: July 13, 2026
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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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