AM Best Affirms Issue Credit Rating of Weston2044 LLC Series Hannover, No. 1 Variable Funding Credit Linked Note
: AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $1.654 billion (which upsized to $1.805 billion outstanding as of March 31, 2026), 6.00% Series Hannover, No. 1 variable funding ...
Date: June 11, 2026
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Gallagher Appoints Chief Broking Officer EMEA for Private Equity and M&A Practice
: Gallagher has appointed Giulio Greco as chief broking officer of the Europe, Middle East, Africa-wide private equity and mergers and acquisitions practice.
Gallagher also appointed Carlo Ungaro as director of relationshi...
Date: June 11, 2026
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UK Drafts Rules for Releasing Surplus From Defined-Benefit Pension Schemes
: The United Kingdom Department for Work and Pensions released draft rules offering guidance on how and when surplus funds from defined-benefit pension schemes can be released.
The department said four in five schemes curre...
Date: June 11, 2026
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MGA Banyan Risk Launches Health Care Liability Line
: Banyan Risk said it launched a healthcare professional liability line under Banyan Risk Ltd. in Bermuda, backed by capacity from Mereo Insurance Ltd.
Available immediately, the new line will focus on U.S.-based complex he...
Date: June 11, 2026
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Willis Re Bermuda Hires Former Guy Carpenter Exec as CEO
: Willis Re has hired John Fletcher as chief executive officer, Willis Re Bermuda, effective immediately.
Fletcher will be responsible for leading Willis Re’s Bermuda platform and driving business growth. He will oversee th...
Date: June 11, 2026
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AM Specialty's Pinpoint Gains Regulatory Approval for UK Operation
: AM Specialty Insurance Group said its Pinpoint UK Solutions Ltd. business was approved by the Financial Conduct Authority to operate in the United Kingdom.
The authorization helps AM Specialty with its strategy to expand ...
Date: June 11, 2026
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MGA Pen Underwriting Doubles SME Coverage Limits to $13.4 Million Amid Demand
: Managing general agent Pen Underwriting said it is doubling its coverage limit to £10 million ($13.4 million) within its U.K. cyber program for small and medium-size businesses to reflect shifting market conditions.
The n...
Date: June 11, 2026
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Axa XL Forms Cyber, Technology Partnership With Deloitte
: Axa XL said it entered a strategic partnership with Deloitte to provide cybersecurity and operational technology services worldwide.
The services are available through the Axa digital commercial platform and complement Ax...
Date: June 10, 2026
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Jensten Underwriting Secures $400 Million in Zurich Insurance Capacity
: Managing general agency Jensten Underwriting said it secured more than £300 million ($400 million) in capacity through a five-year deal with Zurich Insurance to support its growth and development.
The five-year cornerston...
Date: June 10, 2026
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Guy Carpenter Exec Joins Willis Re as CEO, Global Specialties
: Willis Re named Jim Summers as chief executive officer, global specialties, effective immediately.
Summers will lead the strategic direction and drive growth across all specialty classes globally. Working closely with the...
Date: June 10, 2026
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AM Best Assigns Credit Ratings to Kuwait International Takaful Insurance Company K.S.C. (closed)
: AM Best has assigned the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) to Kuwait International Takaful Insurance Company K.S.C. (closed) (KITI) (Kuwait). The outlook assigned t...
Date: June 10, 2026
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Aon Reinsurance Solutions Germany CEO To Retire After 30 Years of Service
: Aon plc has announced the retirement of Jan-Oliver Thofern, chief executive officer of Aon’s Reinsurance Solutions Germany and chairman of the country board for Aon Germany, effective Jan. 1, 2027.
Thofern will retire aft...
Date: June 9, 2026
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Liberty Launches UK, Ireland Commercial Retail Specialty Effort
: Liberty Specialty Markets launched a bespoke proposition for mid- to upper-midsize retail corporations as part of a regional investment strategy across the United Kingdom and Ireland.
The launch comes after a successful p...
Date: June 9, 2026
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AM Best Comments on Credit Ratings of Unipol Assicurazioni S.p.A.
: AM Best has commented that the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Unipol Assicurazioni S.p.A. (Unipol) (Italy) remain unchanged follow...
Date: June 9, 2026
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Willis Expands International Property Facility
: Broker Willis said it expanded its international property facility to offer up to $60 million of follow capacity per placement.
The automatic follow capacity also expanded with new markets, Willis said in a statement, cov...
Date: June 9, 2026
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IGI Expands With New Reinsurance License in India's GIFT City
: International General Insurance Holdings Ltd. said it gained registration approval from the International Financial Services Centres Authority to operate an IFSCA insurance office in India's Gujarat International Finance Tec-...
Date: June 9, 2026
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Aon: Severe Storms Likely Leave Hundreds of Millions of Dollars of Losses on Three Continents
: Insurers in the United States, Europe and Australia each incurred what is likely to be hundreds of millions of dollars of losses from late May and early June severe storms, according to Aon.
In Denver, golf ball-size hail...
Date: June 5, 2026
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Howard Hughes Holdings Completes $2.1 Billion Vantage Acquisition
: Howard Hughes Holdings Inc. has completed its $2.1 billion acquisition of specialty insurer and reinsurer Vantage Group Holdings Ltd.
With the closing, HHH is infusing $200 million of capital in Vantage, the carrier said ...
Date: June 5, 2026
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AM Best Affirms Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Aetna Life Insurance Company (ALIC) (Hartford, CT) and the other members ...
Date: June 5, 2026
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AM Best Assigns Issue Credit Rating to Chubb INA Holdings LLC’s Senior Unsecured Notes
: AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to Chubb INA Holdings LLC’s (Chubb) (Delaware) recently announced CAD 800 million issuance of senior unsecured notes in the Canadian market in two tranc...
Date: June 5, 2026
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