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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Xchange Benefits CEO: Personal Accident Coverage Is an Example of Profitable Niche : Peter McGuire, president and chief executive officer, Xchange Benefits, emphasized while personal accident insurance isn’t considered a prominent sector, it offers remarkable profitability when managed by skilled underwriters...
Date: December 24, 2025
UK Hospitality Industry Seeking Extension for COVID Business Interruption Claims Window : Trade groups representing United Kingdom restaurants, pubs and entertainment venues along with Stewarts Law LLP are asking the Financial Conduct Authority to add two years to the window to file business interruption claims re...
Date: December 24, 2025
Japan's Dai-ichi Life Puts $30 Million in World-First Carbon Capture Corporate Bond : Dai-ichi Life Holdings Inc. said it invested ¥4.7 billion ($30 million) in the world's first carbon capture and storage bond issued by Havenbedrijf Rotterdam N.V., the Port of Rotterdam Authority. The insurer will be the ...
Date: December 23, 2025
Acrisure to Acquire Polish MGA EIS in Stock Transaction : Fintech Acrisure will acquire managing general agent Efficient Insurance Solutions, with a planned expansion for the delegated underwriting authority entity. Under the transaction, Acrisure will acquire 100% of EIS equity...
Date: December 23, 2025
Al Wathba Insurance Gains Lloyd's Access Through London Bridge Structure : Al Wathba Insurance Co. said it is the first United Arab Emirates insurer to gain access to Lloyd's with a transaction through the Lloyd's London Bridge 2 protected cell structure. The transaction is a key part of Al Wath...
Date: December 23, 2025
Crypto, Stablecoin Among Proposals in Hong Kong Regulatory Review : Hong Kong's insurance regulator is conducting a risk-based capital regime review that, among other things, will study proposals including stablecoin and crypto assets. The Hong Kong Insurance Authority launched the review...
Date: December 23, 2025
Global Broker BMS Appoints Director of Commercial D&O Solutions : Global broker BMS appointed Charlie Emkes as director of commercial directors and officers solutions, effective from January 2026. He will be based in London. The newly created role will advance the current commercial ...
Date: December 22, 2025
Sun Life Will Begin Operations in Dubai International Financial Center After Approvals : Sun Life Financial Inc. said it will begin operations in the Dubai International Financial Center after authorization from the Dubai Financial Services Authority. In a statement, the DIFC said it is the leading global fin...
Date: December 22, 2025
Everest Group Names Head of International, Global Wholesale & Specialty : Everest Group Ltd. has appointed Paul Trueman as head of international, global wholesale and specialty, and Mark Shaw as global head of commercial, global wholesale and specialty, effective immediately. Trueman will overs...
Date: December 22, 2025
JAB Insurance to Acquire $6.73 Billion Life and  Pensions Portfolio for UK's Utmost Group : JAB Insurance said it has entered into a definitive agreement to acquire the life and pensions business of the United Kingdom's Utmost Group plc, a platform with £5 billion ($6.73 billion) in assets that serves about 290,000 ...
Date: December 22, 2025
Lloyd's Approves Pinpoint as Coverholder : AM Specialty Insurance Group's Pinpoint UK Solutions Ltd. gained Lloyd's approval as an authorized Lloyd's coverholder. Pinpoint can now enter into insurance contracts and bind risks on behalf of a Lloyd’s syndicate under...
Date: December 22, 2025
AIG, Amwins Launch $300 Million Lloyd's Syndicate Powered by GenAI : American International Group Inc. and broker Amwins are forming a new Lloyd's syndicate in collaboration with funds managed by Blackstone that will have generative artificial intelligence capabilities. Syndicate 2479 will...
Date: December 19, 2025
AM Best Affirms Credit Ratings of Abu Dhabi National Takaful Company P.S.C. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Abu Dhabi National Takaful Company P.S.C. (ADNTC) (United Arab Emirates) [UAE]. The outlook of...
Date: December 19, 2025
AM Best Assigns Credit Ratings to Prismic Life Reinsurance, Ltd. and Prismic Life Reinsurance International, Ltd. : AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Prismic Life Reinsurance, Ltd. (Prismic Life Re). In addition, AM Best has a...
Date: December 18, 2025
MGA Volt Underwriting Renews Enlarged Power and Midstream Binder, Adds Power Construction : Energy sector managing general agent Volt Underwriting announced the renewal and increase of its binder to underwrite conventional and renewable power generation and midstream risks. All capacity is provided by syndicates...
Date: December 18, 2025
AM Best Upgrades Issuer Credit Ratings of Jackson National Life Insurance Company and Its Affiliates : AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Jackson National Life Insurance Company (JNL), i...
Date: December 18, 2025
Broker Miller Expands Surety Offering in Europe : Broker Miller has appointed Elisabeth Chalon Lambertin and Toni Beltzer to further expand Miller’s surety offering in Europe. Both will be based in Paris. Lambertin and Beltzer join from Transitions, a surety broker they...
Date: December 18, 2025
AM Best Upgrades Issuer Credit Rating for Arch Capital Group Ltd. and Its Subsidiaries : AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Arch Reinsurance Ltd. (Arch) (Bermuda) and...
Date: December 18, 2025
AM Best Upgrades Issuer Credit Rating of Irwell Insurance Company Limited : AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Irwell Insurance Company Limited (Irwell) (United Ki...
Date: December 18, 2025
Global Broker BMS Enters Partnership With Berns Brett India : BMS Group Ltd. said it entered a strategic partnership in India with Berns Brett India. The company will be rebranded BMS (India) Ltd., subject to regulatory approval, BMS said in a statement. "BMS's regional investment...
Date: December 17, 2025