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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AM Best Affirms Credit Ratings of Rembrandt Insurance Company, Ltd. : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Rembrandt Insurance Company, Ltd. (Rembrandt) (Bermuda), a captive (re)insurer of Vitol Holding ...
Date: September 11, 2026
AM Best Affirms Credit Ratings of Lloyd’s Syndicate 33 : AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Lloyd’s Syndicate 33 (Syndicate 33) (United Kingdom), which is managed by Hiscox Syndicates Ltd...
Date: September 11, 2026
AM Best Affirms Credit Ratings of Samsung Fire & Marine Insurance Co., Ltd., and  Its Subsidiaries : AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of Samsung Fire & Marine Insurance Co., Ltd. (SFM) (South Korea) and its s...
Date: September 11, 2026
AM Best Affirms Credit Ratings of Ethiopian Reinsurance S.C. : AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Ethiopian Reinsurance S.C. (Ethio Re) (Ethiopia). The outlook of these Credit Ratings (ratings) is stable...
Date: September 11, 2026
Willis Appoints Head of Captive and Insurance Management Solutions, Ireland : Willis, a WTW business, appointed Gerard Owens to succeed Trevor Madden as head of captive and insurance management solutions, Ireland, effective Nov. 1. Madden will lead Willis’ captive and insurance management solution...
Date: September 10, 2026
MNK Gains EU Entry With Acquisition of Nordic Nonlife Insurer ETU : MNK Group said it completed its acquisition of 100% of Danish nonlife insurer ETU Forsikring A/S, giving it an entry into European Union property/casualty business. The acquisition follows approval from the Danish Financi...
Date: September 10, 2026
Lloyd's Syndicate Carbon Underwriting Hires Head of US Casualty and Deputy Active Underwriter : Lloyd’s syndicate Carbon Underwriting Ltd. has hired Phil Wooldridge as its head of U.S. casualty and deputy active underwriter, effective Sept. 28. Wooldridge will be responsible for growing Carbon’s book of business for...
Date: September 10, 2026
Markel Appoints Successor to Retiring Head of Trade Credit and Political Risk, Americas : Markel Insurance appointed Jonathan Handen to succeed Arjan van de Wall as head of trade credit and political risk, Americas for its international operations. Van de Wall will operate in a part-time capacity until his re...
Date: September 10, 2026
AM Best: Focus on MGAs Intensifies as Delegated Underwriting Authority Grows : AM Best's Stefan Holzberger and Michael Lagomarsino said the rating agency's evaluation hinges on data transparency and aligned incentives with risk-bearing markets. Both spoke with AM Best TV at the Rendez-Vous de Septembre ...
Date: September 10, 2026
Saudi Re to Lead Country's Marine War Risk Insurance Pool : Saudi Reinsurance Co. said it was reappointed by the country's Insurance Authority to lead the Saudi Marine Insurance Pool. The move follows approval by the Saudi Cabinet to establish a Saudi war-risk insurance pool for c...
Date: September 10, 2026
Best's Market Segment Report: AM Best Reviews Performance of the Lloyd’s Market and Its Largest Syndicates : The Lloyd’s market produced an excellent return on capital of above 20% for a third successive year in 2025, according to a new report from AM Best that looks at some of the longer-term trends at market and syndicate level. ...
Date: September 10, 2026
AM Best: As Rates Soften, AI and Litigation Emerge as Reinsurance's Next Tests : AM Best analysts at Monte Carlo's Rendez-Vous de Septembre discuss softening property rates, record capital, casualty risks and artificial intelligence's uneven impact — and why discipline, not distress, defines 2027. Fol...
Date: September 9, 2026
Willis Re Appoints Conduit Re Exec as CEO : Willis Re has appointed Conduit Holdings Chief Executive Officer Neil Eckert as CEO. Eckert will lead Willis Re's global broking and advisory strategy, working closely with the firm's leadership team to drive growth acro...
Date: September 9, 2026
Conduit Holdings Appoints Aspen Insurance Exec as Successor to CEO-Executive Director : Conduit Holdings has appointed Christian Dunleavy to succeed Neil Eckert chief executive officer-executive director, effective March 1, 2027. Eckert will step down from the role on the same date. Dunleavy brings more t...
Date: September 8, 2026
BHSI Promotes Leader to Head of Executive and Professional Lines in Germany : Berkshire Hathaway Specialty Insurance promoted Katharina Rütz to head of executive and professional lines in Germany. Rütz joined BHSI in 2021 and has more than 13 years of experience in the German insurance market. She...
Date: September 8, 2026
Aspida Life Re Appoints Former Fortitude Re Exec as Operations Chief : Aspida Holdings Ltd. has appointed Brian Lewis as chief financial officer of Aspida Life Re Ltd. Lewis will lead the company’s finance organization in Bermuda, overseeing financial reporting, planning and analysis, capita...
Date: September 8, 2026
HDI Global Gains Lloyd's In-Principle Approval for New Syndicate : HDI Global UK & Ireland said it gained in-principle approval from Lloyd's to establish a new syndicate as part of the group's growth strategy. The new syndicate will expand client and broker access to HDI's specialist und...
Date: September 8, 2026
AM Best: US, Bermuda Reinsurers Maintain Strong Performance Despite Softening Market : Greg Dickerson, director, AM Best, outlines a Best's Market Segment Report that finds profitability remains robust amid continued softening, but recent strong performance will be difficult to sustain. Following is an edit...
Date: September 8, 2026
Cedar Trace to Launch $300 Million Lloyd's Syndicate on Jan. 1 : Cedar Trace Underwriting said it will enter the Lloyd’s market with a new $300 million syndicate in 2027 following in-principle approval from the Lloyd's Council. The syndicate will write a diversified reinsurance portfol...
Date: September 8, 2026
AM Best Requests Comments on Proposed Revisions to ‘Life Settlement Securitization’ Criteria : AM Best is requesting comments from market participants in the insurance industry and other interested parties on a draft update to its criteria procedure, “Life Settlement Securitization,” which is available in the methodolo...
Date: September 8, 2026