UK Financial Regulator Reviewing Claims Management Market Practices
: The United Kingdom’s Financial Conduct Authority is reviewing the claims management market due to concerns that consumers are being harmed because companies are deploying poor practices.
The regulator said the review will...
Date: May 6, 2026
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CEO: Genworth Expects to Deploy $750 Million in Settlement Funds Into CareScout, Buybacks
: Genworth Financial Inc.'s Chief Executive Officer Tom McInerney said the United Kingdom's Court of Appeals has scheduled a hearing this summer on litigation involving insurer Axa in a case over sales at units it shed a decade...
Date: May 6, 2026
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Swiss Re Appoints Exec to Newly Created Head of Transactions Role
: Swiss Re appointed Dean Galligan to the newly created role of head of transactions for the life and health reinsurance business unit, effective Aug. 1.
Galligan joins Swiss Re from Phoenix Group, where he served as chief...
Date: May 6, 2026
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Helvetia Baloise Appoints Head of Corporate Communications
: Helvetia Baloise hired Eva Caroline Mairinger as its new head of corporate communications, effective Aug. 17.
Mairinger will lead the integrated corporate communications function across internal and external communicatio...
Date: May 6, 2026
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IGI Chief Executive: Middle East Uncertainty Will Extend Beyond Any Resolution
: The uncertainty that has emerged because of the ongoing conflict in the Middle East will continue even after a resolution is reached, and that will make insurers cautious about jumping right back into that geographical market...
Date: May 6, 2026
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Scor Boosts Middle East Reserves as First-Quarter Profit Rises
: Scor SE posted higher first-quarter net income as the reinsurer added to reserves for the Middle East conflict and other potential losses, its chief executive officer said.
The group added a €300 million ($352.6 million) ...
Date: May 6, 2026
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Axa Posts Double-Digit Life/Health Growth; Reinsurance Premiums Slide
: Axa SA reported 6% premium growth in the first quarter as the group saw catastrophe loss activity that was slightly below budget.
First-quarter gross written premiums and other revenue rose to €38.0 billion ($44.47 billio...
Date: May 5, 2026
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UK-Based Aventum Group Acquires Post & Co in Expansion to Continental Europe
: Managing general agent platform Aventum Group said it has acquired specialist marine MGA Post & Co as a step in its plans to expand in continental Europe.
Terms of the deal were not disclosed in a statement announcing it....
Date: May 5, 2026
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AM Best Assigns Credit Ratings to Calix Re Limited
: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Calix Re Limited (Calix Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is s...
Date: May 5, 2026
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Best’s Market Segment Report: AM Best Maintains Stable Outlook on Spain’s Life Insurance Segment Although Traditional Savings Business Remains Sensitive to Interest Rate Fluctuations
: AM Best has maintained its stable outlook on Spain’s life insurance segment, noting that the positive interest rate environment over the last two years has been one of the primary drivers of the segment’s recovery.
In its n...
Date: May 5, 2026
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Lockton Gains Reinsurance License in Saudi Arabia
: Lockton said it gained a reinsurance license in Saudi Arabia as the broker expands geographically as part of its international strategy.
This expansion allows Lockton to bring capacity and solutions in the country, it sai...
Date: May 4, 2026
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AM Best Assigns Credit Ratings to American Steamship Owners Mutual Protection and Indemnity Association, Inc.
: AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to American Steamship Owners Mutual Protection and Indemnity Association, Inc. (American Club) (New York, NY)...
Date: May 1, 2026
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Fidelis Exec: Middle East Market Remains Attractive Despite Conflict
: The Fidelis Partnership recently sought to strengthen its long-term commitment to the Middle East as senior leaders traveled to the region to meet clients, brokers and strategic partners.
The visit was led by Charles Math...
Date: May 1, 2026
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Perils Issues Third Loss Estimate for Australia East Coast Storms in 2025 of $1.08 Billion
: Perils AG revised its insurance loss estimate to A$1.5 billion ($1.08 billion) in connection with severe convective storms on Australia's east coast last October.
The latest marked the third loss estimate Perils has relea...
Date: April 30, 2026
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Liberty Specialty Markets Appoints General Manager for France
: Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has named Gaëlle Gueneret as general manager for France.
Gueneret brings strong commercial insight and will be responsible for growing the French market f...
Date: April 30, 2026
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WTW Chief Executive: Growth Slows as Middle East Conflict Dampens Client Projects
: The Middle East conflict is a drag on business as clients postpone projects amid the economic and political uncertanties, WTW's chief executive officer said.
The broker had slower than expected first-quarter revenue growt...
Date: April 30, 2026
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UK Regulation Authority Reveals Details of Captive Regime Consultation
: The United Kingdom’s Prudential Regulation Authority said it is committed to consulting on a new captive regime this summer, work being propelled by a planned legislative push from His Majesty’s Treasury.
In July 2025, HM...
Date: April 30, 2026
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Lancashire CEO: Middle East Conflict Will Reshape War Risk Underwriting Approach
: Political violence claims are likely to exceed premiums related to the Middle East conflict, and underwriters will have to recalibrate their positions by early next year, as Lancashire Holdings Ltd. itself sees opportunities ...
Date: April 30, 2026
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Mapfre First-Quarter Net Income Rises 12.7%, Looks to Offset Softening Reinsurance Markets
: Mapfre first-quarter net income increased 12.7% to €310.9 million ($363.9 million) despite a 2.2% decline in written premiums.
Premiums for the company fell to $8.4 billion. At Mapfre Re, premiums decreased 7.9% to €2.19 ...
Date: April 30, 2026
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AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of IQUW Re Bermuda Limited
: AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a+” (Excellent) from “a-” (Excellent)...
Date: April 30, 2026
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