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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Federal Life Group Appoints Chief Legal Officer, General Counsel, Corporate Secretary : Federal Life Group Inc. appointed Carlos Paiva as chief legal officer, general counsel and corporate secretary. Paiva will lead legal and compliance functions across Federal Life Group and its affiliated companies, advis...
Date: September 25, 2026
Mergers and Acquisitions MGA Acquinex Enters US in Expansion for Parent PIB Group : PIB Group Ltd. will expand managing general agent Acquinex in the United States in what it said is another step in its U.S. growth, a market in first entered last year through its acquisition of MGA Litica. Acquinex, whi...
Date: September 25, 2026
AM Best Revises Outlooks to Stable for WAICA Reinsurance Corporation PLC : AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of WAICA Reinsurance Corporation PLC (WAICA Re) (Sierra Le...
Date: September 25, 2026
Bermuda Monetary Authority Registers Four New Insurance Entities in August : The Bermuda Monetary Authority registered four new insurance entities in August, bringing its total to 46 for the year-to-date period. Among the new registrants was Valuation Guarantee Ltd., which was registered by the BM...
Date: September 24, 2026
AM Best Affirms Credit Ratings to Premia Reinsurance Ltd. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Premia Reinsurance Ltd. (Premia Re) (Bermuda). The outlook of these Credit Ratings (ratings) i...
Date: September 24, 2026
AM Best Affirms Credit Ratings of ECGC Limited : AM Best has affirmed the Financial Strength Rating (FSR) of B++ (Good), the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good), and the India National Scale Rating (NSR) of aaa.IN (Exceptional) of ECGC Limited (E...
Date: September 24, 2026
Legal & General Announces 1,000 Layoffs by Middle of Next Year : Legal & General Group plc plans to lay off 1,000 by mid-2027 as part of a push to simplify its structure, Chief Executive Officer António Simões said in an email to employees. The move is part of a corporate plan for L&G ...
Date: September 23, 2026
Aon Appoints Managing Director of Life Solutions in EMEA : Aon plc has appointed Fabian Bohnert as Europe, Middle East, Africa managing director of life solutions, strategy and technology group, effective immediately. Bohnert will lead life solutions, including the firm’s PathWis...
Date: September 23, 2026
AM Best Upgrades Issuer Credit Rating of Fidelidade Moçambique – Companhia de Seguros, S.A. : AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of Fidelidade Moçambique – Companhia de Seguros, S.A. (Fid ...
Date: September 23, 2026
AM Best Affirms Credit Ratings of Bahrain Kuwait Insurance Company B.S.C. and Its Subsidiary : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Bahrain Kuwait Insurance Company B.S.C. (BKIC) and its subsidiary, Takaful International Comp...
Date: September 23, 2026
AM Best Affirms Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (Closed) : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Gulf Insurance Group K.S.C.P. (GIG) and Gulf Insurance and Reinsurance Company K.S.C. (Closed)...
Date: September 23, 2026
CEO: Rising Edge Enters Growth Mode, Focuses on Rate Adequacy First : There's an old saying in the insurance world: There's no such thing as a bad risk; only bad pricing. For Philippe Gouraud, chief executive officer of Rising Edge, a five-year-old managing general agent operating out of Lo...
Date: September 22, 2026
Axa XL Appoints Head of Private Equity and Business Development, UK and Lloyd's : Axa XL named Debbie Durkan as head of private equity and business development, United Kingdom and Lloyd’s, effective Oct. 1. In this newly created role, Durkan will focus on building the private equity practice, developi...
Date: September 22, 2026
Aon Appoints Successor to Retiring CEO of Reinsurance Solutions in Germany : Aon plc announced a new reinsurance leadership and governance structure in Germany and appointed Phillip Esser to succeed Jan-Oliver Thofern as chief executive officer of reinsurance solutions in Germany. Thofern will ret...
Date: September 22, 2026
London Court Approves $10.9 Billion Beazley Acquisition by Zurich : A London court approved Zurich Insurance Group Ltd.'s $10.9 billion acquisition of London-based Beazley plc, clearing the way for closing of the deal by Oct. 1. A court order was issued sanctioning a scheme to allow the a...
Date: September 22, 2026
UK's Bishop Street Underwriters Restructures After Acquisitions : Bishop Street Underwriters said it has shifted its group structure in the United Kingdom to bring together a growing roster of specialty insurance businesses there under a single management framework. Bishop Street, a com...
Date: September 22, 2026
Allianz Commercial Appoints Ex-AIG Exec Global Head of Captive Fronting and Captive Solutions : Allianz Commercial has appointed Stephen Morton to succeed Brian McNamara as global head of captive fronting and captive solutions, effective March 1, 2027. McNamara will retire at the end of September. Morton will co...
Date: September 22, 2026
LLoyd's Coverholder Alpha TR Launches as MGA Focused on Private Capital Sector : Approved Lloyd's coverholder and managing general agent Alpha TR Ltd. has launched offering international transactional risk insurance deploying as much as £40 million ($53.48 million) in capital per risk. Alpha said in a...
Date: September 21, 2026
Specialty MGA Nirvana Appoints Cyber Lead, London : Specialty managing general agent Nirvana appointed Kevin Kettrick as cyber lead London. Kettrick will initially write excess cyber business before developing a primary product solution later in the year, the company said....
Date: September 21, 2026
Bitcoin Life Gains Approval in Guernsey, Launches With Crypto Offering for International Investors : Regulators in Guernsey have approved a full regulatory license as a long-term international life insurer for Bitcoin Life, the trading name of Perpetual21 Ltd., and the insurer said it is launching its first whole life offeri...
Date: September 18, 2026