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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Zurich, Beazley Agree on $11 Billion Deal Creating Lloyd's Specialty Platform : Zurich Insurance Group Ltd. and Beazley plc agreed in principle to an £8 billion ($11 billion) deal that leverages Beazley's Lloyd's presence as part of a worldwide specialty underwriting platform. The Zurich-based intern...
Date: February 4, 2026
AM Best Affirms Credit Ratings of Mohandes Insurance 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 aaa.EG (Exceptional) of Mohandes Insurance Company (Mohandes) (Egypt). T...
Date: February 4, 2026
AM Best Assigns Credit Ratings to Berkshire Hathaway International Insurance Limited : AM Best has assigned a Financial Strength Rating of A++ (Superior) and a Long-Term Issuer Credit Rating of “aaa” (Exceptional) to Berkshire Hathaway International Insurance Limited (BHIIL) (United Kingdom). BHIIL is a wholly ...
Date: February 4, 2026
Relm Insurance Appoints Chief Legal Officer, Chief Operating Officer, Chief Underwriting Officer : Relm Insurance appointed three senior executives to its leadership team: Becky Vernon has been named chief legal officer, Henry Paddison chief operating officer and Shane Doyle chief underwriting officer. Vernon brings ex...
Date: February 3, 2026
WTW Chief Executive Officer Sees Data Technology as Key Growth Driver : Willis Towers Watson sees strong growth in the commercial broking market as the group seeks to consolidate or close on a number of acquisitions, its chief executive officer said. Revenue growth in the fourth quarter was b...
Date: February 3, 2026
Canopius Group Appoints Legal & General Exec as General Counsel : Canopius Group has appointed Jasan Fitzpatrick as general counsel, effective April 1. Fitzpatrick joins Canopius in a newly created role, with responsibilities that previously sat under the remit of Chief Risk Officer She...
Date: February 3, 2026
Hamilton Insurance Appoints Group Head of Compliance : Hamilton Insurance Group Ltd. has promoted Moussa Thiam to group head of compliance. Thiam will lead and coordinate compliance activities across Hamilton’s global operations, ensuring consistent standards and a unified a...
Date: February 3, 2026
Zurich Takes 1.47% Opening Position in Takeover Target Beazley : Zurich Insurance Group Ltd. disclosed a 1.47% stake in Lloyd's underwriter Beazley plc as an opening position. The group has 8,866,051shares of Beazley, it said in a regulatory filing. Beazley shares were trading at £11.6...
Date: February 3, 2026
WTW Sees Fourth-Quarter Net Income Decline on Tranzact Sale Revenue Fall : Fourth-quarter net income fell for Willis Towers Watson plc due to lower revenue after the sale of its Tranzact unit. Fourth-quarter net income attributable to WTW fell to $735 million from $1.25 billion a year ago. Reven...
Date: February 3, 2026
Aon Hires Growth and Technical Director for UK Insolvency Team : Aon's specialist U.K. insolvency and restructuring insurance and risk team, has hired Catherine Williamson to the newly created role of growth and technical director. Williamson will focus on delivering insights and solut...
Date: February 2, 2026
Peak Re Appoints Former Aspen Re Exec as Chief Underwriting Officer : Peak Reinsurance Co. Ltd. hired Philip Hough as chief underwriting officer effective April 2. Hough will lead Peak Re’s property/casualty underwriting strategy and business process, with responsibility for disciplined ri...
Date: February 2, 2026
Skuld Appoints SVP and Head of Skuld Piraeus : Marine mutual Skuld appointed Charlotte Valentin to succeed Kjell-Åke Augustsson as senior vice president and head of Skuld Piraeus, effective March 1. Valentin was appointed interim head of office in October 2025 and no...
Date: February 2, 2026
Radian CEO: Closed $1.67 Billion Inigo Acquisition Advances Plan to Grow, Diversify Mortgage Writer : Radian Group Inc. becomes a global multiline specialty carrier with its $1.67 billion acquisition of Lloyd's specialty insurer Inigo Ltd., according to Chief Executive Officer Rick Thornberry. The company has been a U.S. ...
Date: February 2, 2026
Price Forbes Launches a Bermuda Property Facility : Broker Price Forbes launched a cross-class follow property facility Lectio in Bermuda to complement a Lectio facility in London. The addition of Bermuda property extends Lectio's premium scope to around $1.3 billion. Th...
Date: February 2, 2026
K2 Acquires Management Liability Business From Rising Edge : K2 Insurance Services said it acquired Rising Edge's management liability underwriting business and will form a new division rebranded as K2 Executive Risk Ltd. The division will be part of K2 Group Holdings Ltd. or K2 In...
Date: February 2, 2026
Marsh Appoints UK Chief Executive Officer : Marsh has appointed Lisa Quest to succeed Chris Lay as United Kingdom chief executive officer, in addition to her current role as head of United Kingdom and Ireland Oliver Wyman, effective April 6. Lay is retiring from t...
Date: February 2, 2026
Liberty Specialty Markets Appoints Head of Aviation : Liberty Specialty Markets appointed Ed Louth to succeed Miles Taffs, interim head of aviation, as permanent head of aviation, effective immediately. Louth has overall responsibility for underwriting strategy and performa...
Date: February 2, 2026
Aon CFO: ILS, Data Center Construction Among Major 2026 Market Drivers : Aon plc will see steady growth from its insurance-linked securities and reinsurance operations in 2026, the broker's chief financial officer said. The broker is also seeing rising growth in its commercial risk segment, ai...
Date: January 30, 2026
FCA: Pure Protection Costs Stable, Penetration Rate Needs Work : A review of the United Kingdom’s pure protection market by the Financial Conduct Authority found competition is promoting stable prices in the sector, but the industry could do more to improve the household penetration rate f...
Date: January 30, 2026
Scor Partners With German MGA Baobob Insurance on European Cyber Coverage : The Scor Syndicate at Lloyd's has extended underwriting capacity of German digital risks managing general agent Baobob Insurance to companies with up to €1 billion ($1.19 billion) in annual revenue in Germany and Austria. ...
Date: January 30, 2026