AM Best | Europe, Middle East & Africa



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AM Best Comments on Credit Ratings of Vantage Group Holdings Ltd.’s Members Following the Appointment of New Leadership : AM Best has commented that the Credit Ratings (ratings) of Vantage Risk Ltd. (Bermuda) and its affiliates, Vantage Risk Specialty Insurance Company and Vantage Risk Assurance Company (both domiciled in Wilmington, DE), which ...
Date: July 17, 2026
AM Best Affirms Performance Assessment of Keane Specialty Insurance LLC : AM Best has affirmed the Performance Assessment (assessment) of PA-4 (Fair) of Keane Specialty Insurance LLC (Keane) (United States). The outlook of this assessment is stable. The assessment reflects Keane’s strong underwriti...
Date: July 17, 2026
Aon: Artificial Intelligence Accelerates Cyberrisk Exposure : Aon plc said U.K. businesses will need stronger cyberrisk management as artificial intelligence rapidly reshapes the threat landscape. The broker cited a recent open letter from the U.K. government to the country's busine...
Date: July 16, 2026
AM Best Affirms Credit Ratings of Occident GCO, S.A.U. de Seguros y Reaseguros : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Occident GCO, S.A.U. de Seguros y Reaseguros (Occident) (Spain). The outlook of these Credit Ra...
Date: July 16, 2026
AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries : AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a” (Excellent) from “a-” (Excellent) of most of the subsidiaries of Sa...
Date: July 16, 2026
AM Best Affirms Credit Ratings of Atradius Seguros de Crédito, S.A. : AM Best has affirmed the Financial Strength Rating of A (Excellent), the Long-Term Issuer Credit Rating of “a+” (Excellent) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Atradius Seguros de Crédito, S.A. (...
Date: July 16, 2026
AM Best Affirms Credit Ratings of Atradius N.V.’s Main Operating Subsidiaries : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Atradius Crédito y Caución S.A. de Seguros y Reaseguros (ACyC) (Spain), Atradius Trade Credit ...
Date: July 16, 2026
Thomas Miller Shareholders Agree to Acquisition by Concurrently Merging Mutuals TT Club, UK P&I : Thomas Miller shareholders have accepted an acquisition offer from TMH Bidco, a special purpose vehicle owned by two mutuals it manages and that plan their own merger — TT Club and UK P&I. UK P&I Chief Executive Officer A...
Date: July 15, 2026
MGA Dual Launches Transactional Risk Coverage Amid Client Demand : Managing general agent Dual Group said it launched its global transactional risk offering as part of a unification. Dual said the unified offering will combine its knowledge across warranty and indemnity/representations a...
Date: July 15, 2026
AM Best Places Credit Ratings of Through Transport Mutual Insurance Association Limited and Its Subsidiaries Under Review With Developing Implications : AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Through Transport Mutual Insurance Association Limited...
Date: July 15, 2026
AM Best Assigns Credit Ratings to Harel Insurance Investments & Financial Services Ltd’s Main Operating Subsidiary, Harel Insurance Company Ltd. : AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Harel Insurance Company Ltd. (Harel Insurance) (Israel), the main operating subsidiary of Harel Insu...
Date: July 15, 2026
In Growth Effort, Saudi Re Takes 22.5% Stake in Lloyd's Underwriter AdA : Saudi Reinsurance Co. is taking a 22.5% stake in Lloyd's underwriter AdA Risk Holding Co. Ltd. for £8.95 million ($12.0 million). The deal is part of a "natural development" in the two companies' relationship and gives Ad...
Date: July 15, 2026
AM Best Affirms Credit Ratings of Al Ahleia Insurance Company S.A.K.P. : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Al Ahleia Insurance Company S.A.K.P. (Al Ahleia) (Kuwait). The outlook of these Credit Ratings (...
Date: July 15, 2026
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Global Cyber Insurance Segment : AM Best is maintaining its stable outlook on the global cyber insurance segment, as demand for coverage remains robust despite a softening in pricing. Additional factors in this outlook include continued digitization, expandi...
Date: July 15, 2026
Arch Insurance International Appoints Cyber Underwriting Manager : Arch Insurance International promoted Sophie Law to cyber underwriting manager, effective immediately. Law will be responsible for overseeing the underwriting activities across the cyber portfolio, spanning cyber, tech e...
Date: July 14, 2026
Munich Re Launches Lloyd's Miner Rescue Consortium With $40 Million Limit : Munich Re said its specialty Lloyd's syndicate launched a consortium for miner rescue insurance to provide quick coverage in the event of a mining disaster. The consortium launched by Munich Re Specialty – Global Markets,...
Date: July 14, 2026
Best’s Market Segment Report: U.S. Property/Casualty Sector Notches Strongest Performance in a Decade : The U.S. property/casualty (P/C) industry capitalized on improved underwriting and pricing in 2025 to generate its best performance of the past decade, according to a new AM Best report. The Best’s Special Report, titled “202...
Date: July 13, 2026
European Commission OKs Zurich's $10.9 Billion Acquisition of Beazley : The European Commission approved the $10.9 billion acquisition of London-based Beazley plc by Switerland's Zurich Insurance Group Ltd. "The commission concluded that the notified transaction would not raise competition co...
Date: July 10, 2026
Scor and Japan Post Have Memorandum of Understanding on Ceding Policies, Reinsurance : Scor SE and Japan Post Insurance Co. Ltd. have reached a memorandum of understanding under which the Japanese carrier would cede some policies and invest in a new reinsurance vehicle, Scor said. The MOU has three componen...
Date: July 10, 2026
UK FCA: Consumer Duty Concerns Resulted in 382 Interventions in Past Fiscal Year : The United Kingdom Financial Conduct Authority said concerns over potential Consumer Duty violations resulted in 382 interventions during the past fiscal year and 11 formal investigations since the rules went into place three...
Date: July 10, 2026