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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Liberty Specialty Markets Names CUO Europe : Liberty Specialty Markets, part of Liberty Mutual Insurance Group, appointed David Saillen to succeed Pierre-Edouard Fraigneau as chief underwriting officer Europe, effective immediately. Fraigneau became president of th...
Date: January 6, 2026
HDI Global Appoints Managing Director and Legal Representative for Japanese Branch : HDI Global has appointed Hiro Yamasaki to succeed Casey Sandler, interim managing director, as permanent managing director and legal representative of its Japanese branch. Sandler, who has successfully managed the Japanes...
Date: January 6, 2026
Best’s Special Report: Lower U.S. Property/Casualty Insurer Expenses Boost Segment’s Underwriting Results : Despite competitive market conditions, macroeconomic trends and severe weather trends that have fueled volatility in the U.S. property/casualty (P/C) industry’s underwriting results for a decade, insurers still managed to imp...
Date: January 6, 2026
Equity Firm Acquires US Auto Insurtech Elephant From Admiral : Admiral Group plc said it has completed its sale of U.S. automobile insurance insurtech carrier Elephant Insurance Co. and Elephant Insurance Services to financial services equity firm J.C. Flowers & Co. The deal will all...
Date: January 5, 2026
Skyward Specialty Completes $555 Million Acquisition of Apollo, Creates New Group Brand : Skyward Specialty Insurance Group Inc. said it completed its $555 million acquisition of Apollo Group Holdings Ltd. from Alchemy, management, employees and other investors. Earlier terms were unchanged, it said in a state...
Date: January 5, 2026
Ergo Completes Nonlife Insurance Acquisition in Baltic Countries : Munich Re's primary insurance affiliate Ergo International AG expanded across the Baltic states of Lithuania, Estonia and Latvia with the closing of its acquisition of ADB Gjensidige. ADB Gjensidige is the former Lithuani...
Date: January 5, 2026
Berkshire Hathaway Jumps Into Top Spot on AM Best’s Largest Insurer Ranking by Nonbanking Assets; UnitedHealth Group Retains Lead Position by Net Premiums Written : Berkshire Hathaway Inc. moved ahead of Allianz SE to claim the top spot in AM Best’s ranking of the world’s 25 largest insurance companies by nonbanking assets, at $1.15 trillion, while UnitedHealth Group Inc. held onto its t...
Date: January 5, 2026
Acrisure Execs: Medical Liability Insurers Retreat as Nuclear Verdicts, Abuse Claims Mount : John Sutton and George Crathern, both of Acrisure London Wholesale, said health care providers now need 20 carriers for coverage that once required just four. Both spoke with AM Best TV at the Cayman Captive Forum 2025. F...
Date: December 31, 2025
Weekly Podcast Highlights - Jan. 2 : The airing of grievances, social inflation and gold as an asset class are among the topics covered by this week's insurance industry podcasts. This week's currently scheduled AM Best Audio podcasts (click here to choose ...
Date: December 31, 2025
SanlamAllianz Re Names Chief Underwriting Officer : Shawn Kriedemann was appointed as chief underwriting officer of SanlamAllianz Re, effective Jan. 1, 2026. Kriedemann has more than 35 years of industry experience across Africa and Europe, the reinsurer said in a statemen...
Date: December 31, 2025
Retiring Berkshire Hathaway CEO Buffett Started Industry Behemoth With $8.6 Million Deal : Warren Buffett retires on Dec. 31 as chief executive officer of Berkshire Hathaway Inc., a sprawling conglomerate that includes an insurance group which started with an $8.6 million acquisition in 1967 and has grown to more t...
Date: December 31, 2025
Globe Life Gets Bermuda Approval for Reinsurer : Globe Life Inc. said subsidiary Globe Life Re Ltd. has been formed and licensed in Bermuda to provide reinsurance for business written by affiliates within the group. Globe Life Re will write affiliated quota share reinsu...
Date: December 29, 2025
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