Markel Insurance Appoints Managing Director, PFR and Cyber for London Market Business
: Markel Insurance, the insurance operation within Markel Group Inc., appointed Bhavik Desai to succeed David Sawyer as managing director, professional and financial risks and cyber within its London Market business.
Sawye...
Date: June 30, 2026
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Best’s Market Segment Report: Managing General Agents Adapt to Changing Demands and Added Scrutiny
: As premium in the delegated underwriting authority enterprises (DUAE) sector continues to increase, the capacity being afforded this sector is becoming more selective and more dialed-in on long-term underwriting quality and g...
Date: June 30, 2026
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AM Best Affirms Credit Ratings of JSC Insurance Company Aldagi Group
: AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of JSC Insurance Company Aldagi Group (Aldagi) (Georgia). The outlook of these Credit Ratings (ratings) i...
Date: June 30, 2026
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UK Financial Regulator Further Simplifying Insurance Rules
: The United Kingdom’s Financial Conduct Authority is aiming to further simplify insurance rules, including reducing disclosures and eliminating regulations for certain business and clients located outside of the United Kingdom...
Date: June 29, 2026
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Former Sompo Exec Joins Aon as EMEA CEO of Facultative Reinsurance
: Aon appointed Mike Reid to succeed Nick Fraccalvieri as Europe, Middle East and Africa chief executive officer of facultative reinsurance, effective July 1.
Fraccalvieri, who led facultative for EMEA for three years, was...
Date: June 29, 2026
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Swiss Re Names Group Exec to Head Newly Launched Group Broker Management Practice
: Swiss Re launched a new group broker management practice and appointed Matthias Meyenhofer as group broker executive.
Meyenhofer will lead the new practice, effective July, with responsibility for fostering strategic brok...
Date: June 29, 2026
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AM Best Affirms Credit Ratings of Misr Life Insurance Company
: AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Life Insurance Company (MLIC) (Egy...
Date: June 29, 2026
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MGA Platform OneAdvent Announces Launch of Collective Focused on Musicians and Photographers
: Managing general agent incubator OneAdvent said it launched Collective, a company focused on insuring high-value assets tailored to photographers and musicians.
Collective strives to fills gaps in standard home contents p...
Date: June 26, 2026
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AM Best Affirms Credit Ratings of Misr Insurance Company
: AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Insurance Company (MIC) (Egypt). T...
Date: June 26, 2026
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AM Best Affirms Credit Ratings for Suez Canal Insurance
: 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 (NSR) of aa+.EG (Superior) of Suez Canal Insurance (SCI) (Egypt). The out...
Date: June 26, 2026
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Update: Covéa Says It Wins $488.3 Million Ruling Against Scor in France
: (This adds comment from Scor.) Covéa Group said an arbitration tribunal in France ruled in its favor and against reinsurer Scor SE in a retrocession treaty dispute worth $488.3 million.
The arbitration tribunal under the ...
Date: June 25, 2026
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AM Best Upgrades Issuer Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries
: AM Best has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Ber...
Date: June 25, 2026
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AM Best Assigns Credit Ratings to Ilaf Takaful Insurance Company K.S.C. (Closed)
: AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Ilaf Takaful Insurance Company K.S.C. (Closed) (ILAF Takaful) (Kuwait). The outlook assigned to these Cred...
Date: June 25, 2026
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AM Best Upgrades Credit Ratings of Polskie Towarzystwo Reasekuracji S.A.
: AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Polskie Towarzystwo Reasekuracji S.A. (Polish Re) (Po...
Date: June 25, 2026
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MS Amlin Joins Natural Disaster Fund With $50 Million Capacity Limit
: Lloyd's underwriter MS Amlin said it joined the Natural Disaster Fund public-private partnership as capacity provider and committed to providing up to $50 million in capacity for the fund.
MS Amlin is joining reinsurer Ha...
Date: June 25, 2026
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Lloyd's Reaches India Partnership Agreement With ICICI Lombard
: Lloyd's reached an agreement with ICICI Lombard General Insurance Co. Ltd. to act as the insurer's local partner in India as it expands its multinational offering.
Under this new agreement, ICICI Lombard will issue local...
Date: June 24, 2026
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India's Insurance Regulator Forms Artificial Intelligence Working Group
: India's insurance regulator formed a working group to track rapid advancements in emerging technologies including artificial intelligence.
The working group is designed to guide regulated insurance entities to use AI resp...
Date: June 23, 2026
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AM Best Affirms Credit Ratings of Allshores 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 Allshores General Insurance Company (Bermuda) Limited, Allshores Life and Benef...
Date: June 23, 2026
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Carrick Assumes UK Nonlife Runoff Portfolio of Brazil's IRB
: Legacy insurer Carrick Group Ltd. said it transferred the reinsurance contracts of IRB-Brasil Resseguros' United Kingdom branch to Community Reinsurance Corp. Ltd. through an insurance business transfer scheme under Part VII ...
Date: June 23, 2026
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AM Best Assigns Credit Ratings to Kuwait Islamic Takaful Insurance Company K.S.C. (closed)
: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Kuwait Islamic Takaful Insurance Company K.S.C. (closed) (KIC Takaful) (Kuwait). The outlook assig...
Date: June 23, 2026
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