Jencap Program Administrator MiniCo Launches Industrial Casualty Trading Desk at Lloyd's
: Jencap subsidiary and program administrator MiniCo Insurance Agency LLC has launched an industrial casualty trading desk at Lloyd's.
It "centralizes expertise, streamlines underwriting and provides wholesalers with access...
Date: October 2, 2026
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Mosaic Launches European Political Violence Coverage With $112.3 Million Capacity
: Mosaic Insurance said it now writes political violence coverage through its European headquarters in Germany to meet rising demand in the region.
Up to €100 million ($112.3 million) of syndicated capacity is offered, acce...
Date: October 2, 2026
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Zurich CEO: Beazley Deal Creates Specialty Group With $1 Billion in Annual Growth
: Zurich Insurance Group Ltd.'s completion of its $10.9 billion acquisition of Beazley plc creates the world's largest specialty insurance business with incremental annual revenue growth of more than $1 billion, Zurich's chief ...
Date: October 2, 2026
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Generali in $168.5 Million Bancassurance Deal With Spanish Bank
: Assicurazioni Generali S.p.A. said it will acquire a 9.9% stake in Spain's Banco de Crédito Cooperativo for €150 million ($168.5 million) in a deal it said strengthens Generali's bancassurance clout in the country.
The de...
Date: October 2, 2026
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AM Best Downgrades Credit Ratings of SanlamAllianz Re Ltd; Revises Under Review Status to Developing Implications
: AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) from “a-” (Excellent) of SanlamAllianz Re Ltd (SAZ Re) (Mauritius). Concurrently, ...
Date: October 2, 2026
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Global Broker Gallagher Appoints Head of Transaction Solutions, Germany
: Gallagher appointed Philip Frerks as head of transaction solutions, Germany, within the global multidisciplinary private equity and mergers and acquisitions practice.
Andrea Karkotis also joins Gallagher as associate dir...
Date: October 1, 2026
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Sun Life Opens High-Net-Worth Subsidiary in Bermuda
: Sun Life Financial Inc. said it has established a Bermuda-based, wholly owned insurance subsidiary of Sun Life Assurance Co. of Canada focused on high-net-worth clients.
Sun Life Bermuda Ltd. is licensed and regulated by ...
Date: October 1, 2026
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Regulator Approves BNP Paribas Cardif Deal for IndiaFirst Life Stake
: The Competition Commission of India approved the acquisition of a 26% stake in IndiaFirst Life Insurance Co. Ltd. by France's BNP Paribas Cardif.
The acquirer is a wholly owned subsidiary of BNP Paribas SA, which offers s...
Date: October 1, 2026
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Wilton Re CEO: Reserving Requirement Is Bermuda's 'Secret Sauce'
: When companies hedge risk, they hedge economics due to Bermuda's reserving requirement being aligned with true economic value, said Sylvia Oliveira, chief executive officer, Wilton Re Bermuda. Oliveira spoke with AM Best TV a...
Date: October 1, 2026
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Zurich Closes on $10.9 Billion Beazley Acquisition
: Zurich Insurance Group Ltd.'s $10.9 billion acquisition of London-based Lloyd's underwriter Beazley plc has become effective following delivery of a copy of the court order certifying the scheme.
Under the terms of the sc...
Date: October 1, 2026
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AM Best Assigns Credit Ratings to First Takaful Insurance Company – KPSC
: AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb” (Fair) to First Takaful Insurance Company – KPSC (FTIC) (Kuwait). The outlook assigned to these Credit Ratings (ratings...
Date: October 1, 2026
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AM Best Affirms Credit Ratings of Sigurd Rück AG
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Sigurd Rück AG (Sigurd) (Switzerland). The outlook of these Credit Ratings (ratings) is stable...
Date: October 1, 2026
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AM Best to Attend 2026 Baden-Baden Reinsurance Meeting
: AM Best will attend the 2026 Baden-Baden Reinsurance Meeting, scheduled for 18-22 October 2026, in Baden-Baden, Germany.
AM Best will be represented by William Mills, senior director, market development, EMEA, and Romeo Ber...
Date: October 1, 2026
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VIG Re Appoints Chief Business Officer
: VIG Re has appointed Catrina Gemmerich to succeed Stephan Wirz as a member of the board of management and chief business officer on March 1, 2027, subject to regulatory approval. Wirz has completed his mandate.
Gemmerich ...
Date: September 30, 2026
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Law Firm: UK Captive Insurance Consultations Seek Mid-2027 Regime Launch
: Recently released captive insurance regime consultations by U.K. regulators would create a distinct regulatory framework for single-parent or "pure" captives with lower capital requirements, streamlined governance and reporti...
Date: September 30, 2026
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AM Best Affirms Credit Ratings of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A. (Solunion) (Spain). The o...
Date: September 30, 2026
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MGA Banyan Risk Launches Red Fox Risk Focused on US Wildfire
: Specialty managing general agent Banyan Risk Ltd said it is launching Red Fox Risk Ltd, a new specialist underwriting venture focused on wildfire risk in California and the western United states.
Red Fox will operate unde...
Date: September 30, 2026
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AM Best Affirms Credit Ratings of Abu Dhabi National Insurance Company P.J.S.C.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Abu Dhabi National Insurance Company P.J.S.C. (ADNIC) (United Arab Emirates). The outlook of the...
Date: September 30, 2026
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Best’s Special Report: As Fronting-Type Arrangements Gain Larger Role in U.S. Property Casualty Insurance Space, Relationships Do Pose Risk
: While fronting arrangements by insurers in the U.S. property/casualty (P/C) industry continued to advance at a healthy rate in 2025, additional credit risk is finding its way into the segment through the involvement of unrate...
Date: September 30, 2026
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Ascot Group Appoints Three Presidents
: Ascot Group Ltd. has appointed Mark Pepper as president, global underwriting; Elizabeth Johnson as president, specialty insurance and reinsurance; and Christopher Flatt as president, consumer solutions.
Pepper will lead A...
Date: September 29, 2026
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