Legal & General Announces 1,000 Layoffs by Middle of Next Year
: Legal & General Group plc plans to lay off 1,000 by mid-2027 as part of a push to simplify its structure, Chief Executive Officer António Simões said in an email to employees.
The move is part of a corporate plan for L&G ...
Date: September 23, 2026
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Aon Appoints Managing Director of Life Solutions in EMEA
: Aon plc has appointed Fabian Bohnert as Europe, Middle East, Africa managing director of life solutions, strategy and technology group, effective immediately.
Bohnert will lead life solutions, including the firm’s PathWis...
Date: September 23, 2026
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AM Best Upgrades Issuer Credit Rating of Fidelidade Moçambique – Companhia de Seguros, S.A.
: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of Fidelidade Moçambique – Companhia de Seguros, S.A. (Fid ...
Date: September 23, 2026
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AM Best Affirms Credit Ratings of Bahrain Kuwait Insurance Company B.S.C. and Its Subsidiary
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Bahrain Kuwait Insurance Company B.S.C. (BKIC) and its subsidiary, Takaful International Comp...
Date: September 23, 2026
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AM Best Affirms Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (Closed)
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Gulf Insurance Group K.S.C.P. (GIG) and Gulf Insurance and Reinsurance Company K.S.C. (Closed)...
Date: September 23, 2026
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CEO: Rising Edge Enters Growth Mode, Focuses on Rate Adequacy First
: There's an old saying in the insurance world: There's no such thing as a bad risk; only bad pricing.
For Philippe Gouraud, chief executive officer of Rising Edge, a five-year-old managing general agent operating out of Lo...
Date: September 22, 2026
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Axa XL Appoints Head of Private Equity and Business Development, UK and Lloyd's
: Axa XL named Debbie Durkan as head of private equity and business development, United Kingdom and Lloyd’s, effective Oct. 1.
In this newly created role, Durkan will focus on building the private equity practice, developi...
Date: September 22, 2026
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Aon Appoints Successor to Retiring CEO of Reinsurance Solutions in Germany
: Aon plc announced a new reinsurance leadership and governance structure in Germany and appointed Phillip Esser to succeed Jan-Oliver Thofern as chief executive officer of reinsurance solutions in Germany.
Thofern will ret...
Date: September 22, 2026
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London Court Approves $10.9 Billion Beazley Acquisition by Zurich
: A London court approved Zurich Insurance Group Ltd.'s $10.9 billion acquisition of London-based Beazley plc, clearing the way for closing of the deal by Oct. 1.
A court order was issued sanctioning a scheme to allow the a...
Date: September 22, 2026
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UK's Bishop Street Underwriters Restructures After Acquisitions
: Bishop Street Underwriters said it has shifted its group structure in the United Kingdom to bring together a growing roster of specialty insurance businesses there under a single management framework.
Bishop Street, a com...
Date: September 22, 2026
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Allianz Commercial Appoints Ex-AIG Exec Global Head of Captive Fronting and Captive Solutions
: Allianz Commercial has appointed Stephen Morton to succeed Brian McNamara as global head of captive fronting and captive solutions, effective March 1, 2027.
McNamara will retire at the end of September.
Morton will co...
Date: September 22, 2026
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LLoyd's Coverholder Alpha TR Launches as MGA Focused on Private Capital Sector
: Approved Lloyd's coverholder and managing general agent Alpha TR Ltd. has launched offering international transactional risk insurance deploying as much as £40 million ($53.48 million) in capital per risk.
Alpha said in a...
Date: September 21, 2026
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Specialty MGA Nirvana Appoints Cyber Lead, London
: Specialty managing general agent Nirvana appointed Kevin Kettrick as cyber lead London.
Kettrick will initially write excess cyber business before developing a primary product solution later in the year, the company said....
Date: September 21, 2026
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Bitcoin Life Gains Approval in Guernsey, Launches With Crypto Offering for International Investors
: Regulators in Guernsey have approved a full regulatory license as a long-term international life insurer for Bitcoin Life, the trading name of Perpetual21 Ltd., and the insurer said it is launching its first whole life offeri...
Date: September 18, 2026
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Marsh Re Head of Global Structured Solutions: Structured Reinsurance Gains Momentum
: Marsh Re Head of Global Structured Solutions Ed Hochberg discussed growing demand for prospective and retrospective structured reinsurance, legacy risk solutions and the evolving role of alternative capital. Hochberg spoke wi...
Date: September 18, 2026
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AM Best Affirms Credit Ratings of Ecclesiastical Insurance Office plc
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Ecclesiastical Insurance Office plc (EIO) (United Kingdom). At the same time, AM Best has affirm...
Date: September 18, 2026
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AM Best Upgrades Credit Ratings of Bupa Insurance Company
: AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Bupa Insurance Company (BIC) (Palmetto Bay, FL). The outloo...
Date: September 17, 2026
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AM Best Revises Outlooks to Stable for Genworth Financial Group’s Members; Affirms Credit Ratings of Genworth Financial, Inc. and Genworth Life and Annuity Insurance Company
: AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “b+” (Marginal) of Genworth Life Insurance...
Date: September 17, 2026
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Sompo Appoints Former Scor, AIG Exec as CEO of UK Insurance Business
: Sompo International Holdings Ltd. has named Nicolas Berg to succeed Sarah Stanford as chief executive officer of Sompo’s U.K. insurance business, effective Oct. 1, 2026, subject to regulatory approval. Stanford led the U.K. i...
Date: September 17, 2026
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AM Best Affirms Credit Ratings of Swiss Reinsurance Company Ltd and Its Rated Affiliates
: AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Swiss Reinsurance Company Ltd (Switzerland) and its rated operating affil...
Date: September 17, 2026
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