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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Investment Manager Arrow Expands With Launch of Arrow Global Insurance : Investment manager Arrow Global Group is expanding its specialty insurance business with the launch of Arrow Global Insurance. The pan-European group said AGI will focus on specialty, non-catastrophe lines, excluding clim...
Date: March 25, 2026
Aviva Completes $139.2 Million UK Pension Deal : Aviva plc completed a £104 million ($139.2 million) bulk purchase annuity transaction with the trustee of the Essentra Pension Plan covering the benefits of both deferred and pensioner members. The deal was completed in J...
Date: March 25, 2026
L&G Appoints Chief Customer Officer for the Retail and Institutional Retirement Business : L&G appointed Sarah Spooner to the newly created role of chief customer officer across the company’s retail and institutional retirement businesses. The role brings together responsibility for customer and client service...
Date: March 25, 2026
British Insurers Upset by FCA Declining Consultation on Charging Rules : The Association of British Insurers said it appreciates the Financial Conduct Authority’s work to simplify individualized financial and pension advice rules, but expressed disappointment in the regulator’s decision to not add...
Date: March 25, 2026
Canopius Hires Scor Exec as Head of Claims, Bermuda and Global Head of Reinsurance Claims : Canopius, an international specialty and property/casualty reinsurer, hired Dan Bridges as head of claims, Bermuda and global head of reinsurance claims, and Patrick Cannon as global head of cyber claims. Bridges will be ...
Date: March 25, 2026
AM Best Maintains Under Review With Negative Implications Status for Credit Ratings of SanlamAllianz Re Ltd : AM Best has maintained the under review with negative implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of ”a-” (Excellent) of SanlamAllianz Re Ltd (SAZ Re) (Maurit...
Date: March 25, 2026
Niyam Lloyd's Syndicate Cleared to Begin Underwriting in India : Lloyd's approved Niyam Group's Syndicate 2047 to write business in India beginning April 1. Syndicate 2047 will support the development of the Indian re/insurance market in alignment with India's Vision 2047, Niyam said i...
Date: March 25, 2026
AM Best to Host Briefing Focused on Europe’s DUAE Market; FASE’s William Pitt to Chair Online Panel : AM Best will host an executive panel discussion on the rapid evolution of the delegated underwriting authority enterprises (DUAE) market in Europe, in an online session chaired by William Pitt, executive director of Fédératio...
Date: March 25, 2026
AM Best Comments on Credit Ratings of The Wawanesa Mutual Insurance Company Following Announced Acquisition of Everest Insurance Company of Canada : AM Best has commented that the Credit Ratings (ratings) of The Wawanesa Mutual Insurance Company (Wawanesa Mutual) (Winnipeg, Manitoba, Canada) remain unchanged following its announcement to acquire Everest Insurance Company ...
Date: March 24, 2026
Chaucer and Ceto Partner in Launching Lloyd's Marine MGA : Specialty (re)insurance group Chaucer Group said it is partnering with Ceto AI to launch a managing general agent operating as a Lloyd's coverholder. Chaucer said in a statement the arrangement will see Ceto authorized to...
Date: March 24, 2026
New Business, Inflation-Related Pricing Boost HDI Global Profit : New business growth and inflation-related price adjustments contributed to higher 2025 profit for corporate and specialty insurer HDI Global. The company's 2025 net income rose to €551 million ($637.9 million) from €501 m...
Date: March 24, 2026
Brit Launches $80 Million Cargo Consortium at Lloyd's : Brit Group Holdings Ltd. launched a cargo consortium providing worldwide capacity of up to $80 million for marine cargo through Lloyd's. Called BRIDGE, the new consortium is for marine cargo only, with no aviation cover, ...
Date: March 24, 2026
LMA: London Market Coverage Remains Available for Strait of Hormuz Shipping : The Lloyd's Market Association said marine war insurance remains available for vessels operating in the Strait of Hormuz between Iran and the Persian Gulf states, clarifying what it said are inaccurate reports to the contrary...
Date: March 24, 2026
Best’s Market Segment Report: AM Best Maintains Stable Outlook on UK Non-Life Insurance Segment Despite Elevated Geopolitical Risks : AM Best has maintained its stable outlook on the United Kingdom non-life insurance segment, reflecting its opinion that the headwinds and tailwinds affecting the segment's operating environment remain broadly balanced. In its...
Date: March 24, 2026
Compre Provides $335.7 Million Cover for Unnamed European Reinsurer : Specialty reinsurer Compre Group Holdings Ltd. said it entered into an adverse development cover transaction with an unnamed European-domiciled reinsurance entity to provide Europe-wide protection for a portfolio of motor, en...
Date: March 23, 2026
Starr Completes Acquisition of Lloyd's Underwriter IQUW : Starr said it completed its acquisition of IQUW Group for an undisclosed amount in a move it noted broadens and diversifies its specialty insurance and reinsurance platform with enhanced capabilities across the London market,...
Date: March 23, 2026
Acrisure London Wholesale Expands Into Aviation Market and Appoints Head of Aviation : Acrisure London Wholesale expanded into the aviation market with the launch of a specialist division led by Jonny Rowling, newly appointed senior vice president, head of aviation. Rowling is responsible for building and s...
Date: March 23, 2026
Everest Exec Joins Liberty Specialty Markets in Newly Created Property Divisional Director Role : Liberty Specialty Markets, part of Liberty Mutual Insurance Group, appointed Kevin Demmon to the newly created position of property divisional director. He will be based in London. Demmon will have responsibility for the ...
Date: March 23, 2026
Liberty Mutual Names President of Underwriting, Global Risk Solutions : Liberty Mutual Insurance named Phil Hobbs, currently president, Liberty International Insurance, as president of underwriting, global risk solutions, effective April 1. In his new role, Hobbs will lead underwriting strat...
Date: March 20, 2026
Chubb Details $20 Billion Middle East Shipping Plan With US Government : Chubb Ltd. said the names of other American insurance companies that will participate in its $20 billion maritime reinsurance plan with the U.S. government for Middle East shipping will be disclosed "in the coming days" as th...
Date: March 20, 2026