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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Willis Appoints Three Senior Hires to Its Direct and Facultative Team in Great Britain : Willis, a WTW business, appointed three senior hires to its direct and facultative team in Great Britain. Fiona Kerr has been named head of U.K. property, David Watson as head of North America and retro, and James Kelly ...
Date: November 10, 2025
Chubb Exec Joins Ambac Financial as Managing Director, Head of Investor Relations : Ambac Financial Group Inc. has hired Karen Beyer as managing director, head of investor relations. She will be based in New York. Beyer joins from Chubb, where she was senior vice president, director of investor relat...
Date: November 10, 2025
Marsh McLennan Italy Names Chief Executive : Marsh McLennan appointed Marco Araldi to succeed Andrea Bono as chief executive officer of Marsh McLennan Italy, effective January 2026. Bono has been appointed as CEO of Marsh McLennan in India, the Middle East, and Afr...
Date: November 10, 2025
Hannover Re CEO Touts Upgraded Outlook Despite Rising Competition : Hannover Re is raising its earnings outlook for 2026 and the reinsurer sees a good pipeline for property/casualty reinsurance growth despite what its chief executive officer calls an increasingly competitive market. Looki...
Date: November 10, 2025
Hadron to Enter EU Market Next Year With 'Purpose-Built' Capacity for DUAEs : Hadron, which provides insurance capacity to specialty underwriters, said it plans to expand into the European Union to capture growth opportunities across the region. The insurer said in a statement it intends to enter t...
Date: November 10, 2025
HDI Global Appoints Head of Energy & Power Underwriting Middle East : HDI Global appointed John Morrell as the new head of energy & power underwriting Middle East within its cross-divisional energy & power unit, effective Dec. 1. Morrell will lead a team focused on managing complex risks a...
Date: November 10, 2025
AM Best Assigns Credit Ratings to NPA Insurance Limited : AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to NPA Insurance Limited (NPAI) (United Kingdom). The outlook assigned to these Credit Ratings (ratings) is s...
Date: November 10, 2025
Best’s Market Segment Report: Amid Influx of Formations, Reciprocal Insurance Exchanges Represent Unique and Collaborative Structure : A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, particularly in catastrophe-exposed homeowners’ insurance markets, according to a ...
Date: November 10, 2025
AM Best Upgrades Performance Assessment of Corin Underwriting Limited and Corin Underwriting (Europe) GmbH : AM Best has upgraded the Performance Assessment (assessment) to PA-2 (Excellent) from PA-3 (Strong) of Corin Underwriting Limited (Corin) (United Kingdom) and its wholly owned subsidiary, Corin Underwriting (Europe) GmbH (Cor...
Date: November 7, 2025
AM Best Affirms Credit Ratings and Assigns National Scale Rating to Société Nationale d'Assurance : AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Société Nationale d'Assurance (SAA) (Algeria). The outlook of these Credit Ratings (ratings) is stable. ...
Date: November 7, 2025
BHSI Appoints County Manager, Belgium : Berkshire Hathaway Specialty Insurance promoted Frederic de Blieck to succeed Louis du Ché, as country manager, Belgium, in addition to his current role as head of executive and professional lines. De Blieck joined BHSI i...
Date: November 6, 2025
Liberty Mutual Third-Quarter Net Income Doubles While Premiums Decline : Liberty Mutual Holding Co. Inc.'s third-quarter attributable net income more than doubled to $2.22 billion from $892 million a year earlier, even as premiums declined. Net written premium declined 8.2% to $11.04 billion. ...
Date: November 6, 2025
Zurich CFO: New London-Based Unit to Direct Global Specialty Lines Growth : Zurich Insurance Group Ltd. is increasing its efforts in core specialty and middle market lines with the creation of a global unit to direct the former and increased underwriting expertise dedicated to the latter, its chief f...
Date: November 6, 2025
MGA Carbon Underwriting Appoints Underwriting Director : Carbon Underwriting Ltd., a specialist independent managing general underwriter and Lloyd’s syndicate, has appointed Jeff Bright as underwriting director, marking a key milestone in the acceleration of the company’s U.S. grow...
Date: November 5, 2025
Westfield Specialty International Appoints President : Westfield Specialty International appointed Anthony Baldwin as president, specialty international, subject to regulatory approval. Baldwin will be responsible for all Westfield Specialty business outside the United State...
Date: November 5, 2025
Axa XL Promotes Underwriting Manager to Head of International Property, UK & Lloyd's : Axa XL promoted Sabrina Lahrmann to head of international property, United Kingdom and Lloyd's. Lahrmann will be responsible for developing and executing the underwriting strategy for the company’s international property...
Date: November 5, 2025
Nordic Insurer Sampo Doubles Third-Quarter Profit on Personal, SME Growth : Nordic insurer Sampo plc doubled its third-quarter profit as the group reported accelerated growth in its personal and small-to-medium business lines. Third-quarter net profit rose to €757 million ($869 million) from €320...
Date: November 5, 2025
Intact Financial Third-Quarter Attributable Net Income Quadruples, Combined Ratio Falls : Intact Financial Corp's third-quarter net income attributable to shareholders quadrupled to C$861 million ($611.5 million) from C$207 million a year earlier as the combined ratio improved 14.1 points to 89.8. Chief Execut...
Date: November 5, 2025
AM Best Affirms Credit Ratings of Lancashire Holdings Limited and Its Subsidiaries : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insura...
Date: November 5, 2025
MGAs Nirvana, Pulse Complete Planned Merger After Financial Conduct Authority Approvals : Managing general agents Nirvana and Pulse have completed their planned merger after receiving approval from the United Kingdom's Financial Conduct Authority. The combination will create a specialty MGA platform with capab...
Date: November 5, 2025