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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Rokstone's Athena Cyber Division Launches Extension for Supply Chain Disruption : Specialty (re)insurance managing general agent Rokstone said its new Athena Cyber Division has launched a customer and supplier supply chain disruption extension. The extension is intended to enhance supply chain security...
Date: August 11, 2026
AM Best to Hold Annual Reinsurance Market Briefing at Rendez-Vous de Septembre in Monte Carlo : AM Best will hold its long-standing annual Reinsurance Market Briefing at the 2026 Rendez-Vous de Septembre (Rendez-Vous) on Sunday, 6 September at 10:15 a.m. (CEST) at the Hotel Hermitage in Monte Carlo. Firmly established...
Date: August 11, 2026
Home Insurtech Selected for UK Regulators Business ‘Scale-Up’ Unit Program : Home insurtech Urban Jungle Services Ltd. is among the companies selected to work with United Kingdom financial regulators’ Scale-up Unit, which supports innovation at fast-growing firms. Urban Jungle is one of the partic...
Date: August 10, 2026
AM Best Wins Platinum Pinnacle Award for ‘Our Purpose’ Video : AM Best’s “Our Purpose” video has received a platinum Pinnacle Award for Best Corporate Communications in the Marketing & Communications category. “Our Purpose” illustrates the importance of AM Best’s role in strengthening th...
Date: August 10, 2026
ABI: UK Insurers See Subsidence Claims Costs, Risks Grow : United Kingdom insurers paid out £72 million ($92.4 million) against subsidence claims in the second quarter, with the average claim reaching £20,000 and the underlying risk growing due to dry weather, the Association of Brit...
Date: August 10, 2026
Best’s Market Segment Report: Strengthened by Hard-Market Years, Global Reinsurance Segment Reaches an Inflection Point : The global reinsurance segment is at a critical inflection point as reinsurers’ strong earnings since 2023 have driven robust capital generation. With reinsurers’ capital now at record levels, growing competition is increasin...
Date: August 10, 2026
Generali CEO: European Wildfires Dominate $491.4 Million First-Half Catastrophe Bill : Wildfires in Spain and France contributed to €425 million ($491.4 million) in first-half catastrophe losses for Assicurazioni Generali S.p.A. as its chief executive officer said €300 million of that was in July alone. Des...
Date: August 7, 2026
Aon Appoints CEO for Indonesia : Aon plc has appointed Stephen as chief executive officer for Indonesia, subject to regulatory approval. He will also join the Southeast Asia leadership team. Based in Jakarta, Stephen will lead Aon's business in Indonesia...
Date: August 7, 2026
Munich Re CEO: Competition Crimps P/C Reinsurance Revenue : Increased competition is fueling a slowdown in property/casualty reinsurance revenue for Munich Reinsurance Co. but the group sees growth in its global specialty, life/health reinsurance and Ergo primary segments as offsets t...
Date: August 7, 2026
Allianz Sees Second-Quarter Net Income Slip on Nonrecurring Disposals : In the second quarter, Allianz SE saw shareholders’ net income decline 12.7% from the year prior to €2.6 billion ($3.01 billion) due to disposals and restructuring, the company said. The company said it saw a disposal gai...
Date: August 7, 2026
UK Financial Regulator Simplifying IPO Information-Sharing Rules : The United Kingdom Financial Conduct Authority said it is updating the rules for information sharing around initial public offerings after earlier rules did not always work as intended. Overall, the new framework is inten...
Date: August 6, 2026
Zurich Insurance CEO: First-Half Growth Led by Commercial, Life : Zurich Insurance Group Ltd. continues to see strong growth in its commercial lines segment as all segments reported income gains, said its chief executive officer. The group is seeing growth momentum in its core areas, CE...
Date: August 6, 2026
Low Cat Losses Allow Swiss Re to Boost Reserve for Middle East Risks : Swiss Re Ltd. had an unusually benign natural catastrophe loss experience in the first half and took advantage of that to add $500 million to reserves for long-tail risks including potential Middle East losses, its chief fina...
Date: August 6, 2026
AM Best Affirms Credit Ratings of Lloyd’s, Its Rated Subsidiaries and Society of Lloyd’s : AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Lloyd’s (United Kingdom), Lloyd’s Insurance Company (China) Limited (Lloyd’s C...
Date: August 6, 2026
AM Best Affirms Credit Ratings of Egyptian Takaful Properties and Liabilities Insurance Company  (Egyptian Joint Stock Company) : AM Best has affirmed the Financial Strength Rating of B- (Fair), the Long-Term Issuer Credit Rating of “bb-” (Fair) and the Egypt National Scale Rating of aa+.EG (Superior) of Egyptian Takaful Properties and Liabilities Insur...
Date: August 6, 2026
Swiss Re Corporate Solutions Announces Mexico, India Partnerships : Swiss Re Corporate Solutions said it will establish exclusive partnerships with Bajaj General Insurance in India and GNP Seguros in Mexico in an effort to provide insurance solutions to a rising number of large companies in t...
Date: August 6, 2026
Beazley Posts First-Half Profit Drop on Softening, Acquisition Costs : Beazley plc posted sharply lower after-tax profit as the group incurred costs related to its pending acquisition by Zurich Insurance Group Ltd. while insurance revenue fell on market softening and lower investment income. ...
Date: August 5, 2026
Fidelis Partnership Hires Ascot Exec as Head of Underwriting, Property Binders : The Fidelis Partnership has appointed Kevin Donovan as head of underwriting, property binders.  Donovan will lead the company's delegated authority property business, bringing with him a strong relationship network and d...
Date: August 5, 2026
AM Best Affirms Credit Ratings of Bosna Reosiguranje d.d. Sarajevo : AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Bosna Reosiguranje d.d. Sarajevo (Bosna Re) (Bosnia and Herzegovina [BH]). The outlook of these Credit...
Date: August 5, 2026
Lloyd's Coverholder Kita Gets Strategic Investment From Tokio Marine : Lloyd's coverholder Kita said it received a strategic investment from Tokio Marine Group as it deepened its partnership with the Tokyo-based group. The investment, made through Tokio Marine & Nichido Fire Insurance Co. Lt...
Date: August 4, 2026