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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Covéa Says It Wins $488.3 Million Ruling Against Scor in France
: 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 Centre of Mediation and Arbitra...
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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AM Best Affirms Credit Ratings of Protector Forsikring ASA
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Protector Forsikring ASA (Protector) (Norway). The outlook of these Credit Ratings (ratings) i...
Date: June 23, 2026
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AM Best to Attend and Exhibit at the Managing General Agents’ Association’s Annual Conference
: AM Best will exhibit at the Managing General Agents’ Association’s (MGAA) annual conference, which will take place 7 July 2026 at the Business Design Centre in London.
During the full-day event, AM Best representatives will...
Date: June 23, 2026
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Hartford Appoints CUO, UK and Head of Upstream Energy, International
: Hartford appointed Dave Draper as chief underwriting officer, United Kingdom, and Bertie Troughton as head of upstream energy, international based in the United Kingdom.
Draper has been serving as interim CUO following th...
Date: June 22, 2026
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Howden Re Appoints Director for New Office in Ireland
: Howden Re established a new office in Ireland and appointed David Carpenter as director, Howden Re Ireland.
Carpenter will lead the expansion in Ireland, building a local team to deliver reinsurance solutions for Irish in...
Date: June 22, 2026
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Chubb Leads Lloyd's War Risk Consortium for Hormuz Transit Risks
: Lloyd's said it launched a consortium to provide up to $200 million in marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz with Chubb Ltd. as lead underwriter.
The effort is supported ...
Date: June 22, 2026
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UK Financial Regulator Looking to Revamp Rules on Self-Invested Pensions
: The United Kingdom’s Financial Conduct Authority launched a consultation on standards for self-invested personal pensions with the goal of providing greater consistency, while maintaining flexibility and broad investment opti...
Date: June 22, 2026
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AM Best to Join Panel Discussion at 2026 Azerbaijan International Insurance Forum
: AM Best will speak on a panel at the 2026 Azerbaijan International Insurance Forum, scheduled for 24-25 June 2026 in Baku, Azerbaijan.
Vasilis Katsipis, general manager, MENA, South and Central Asia, AM Best, will join a pa...
Date: June 22, 2026
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