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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Acrisure London Wholesale Names Head of Construction : Acrisure London Wholesale, the London-based wholesale division of Acrisure, expanded into the construction market with the launch of a specialist team led by newly appointed Tom Hester as senior vice president, head of constr...
Date: March 2, 2026
HDI Global UK and Ireland Appoints Head of Energy and Power : HDI Global UK and Ireland has appointed Matthew Bond as head of energy and power. In his new role, Bond will lead HDI’s energy and power portfolio across the United Kingdom and Ireland with a focus on further enhancing th...
Date: March 2, 2026
MGA Rokstone Launches US Casualty Division for Autonomous and Electric Vehicles : International specialty (re)insurance managing general agent Rokstone said it has launched a unit focused on underwriting complex digital economy risks and appointed two people to lead it. Rokstone Velocity will cover exp...
Date: March 2, 2026
Zurich, Beazley Agree on $10.9 Billion Deal Creating London-Based Specialty Giant : Zurich Insurance Group Ltd. and Beazley plc have agreed on terms of a $10.9 billion takeover of Beazley that will create a London-based specialty insurance giant while preserving Zurich's financial flexibility. The terms ...
Date: March 2, 2026
Marine War Risk Coverage at Risk as Middle East Conflict Escalates : Marine insurers are canceling some war-risk policies as rates in other areas may rise as much as 50% following U.S. and Israeli attacks on Iran and that country's retaliation over the weekend. "While not immune to the con...
Date: March 2, 2026
Lloyd's Digital Underwriter Ki Posts Higher 2025 Profit : Lloyd's underwriting platform Ki Financial Ltd. reported higher pretax profit for 2025 as the digital company reported its first independent result. The digital follow platform posted a profit after tax of $110.4 million,...
Date: March 2, 2026
Lloyd's Underwriter Aegis London Appoints Chief Information Officer : Lloyd’s underwriter Aegis London has appointed Neil Bayles to the newly created role of chief information officer. Bayles will be responsible for developing and executing the firm’s information technology strategy, in sup...
Date: February 27, 2026
Swiss Re CEO Sees Casualty Gains as Property Rates Continue Slide : A better-than-expected catastrophe experience gave Swiss Re Ltd. a good 2025 result amid costs related to a life/health reinsurance review, softening property reinsurance rates and reserve strengthening, its chief executive o...
Date: February 27, 2026
Brit Boosts 2025 Profit Despite Rising Rate Pressure : Brit Group posted higher 2025 net profit despite rising pressure on rates and terms. It is the company's first financial results since it reconstituted after the separation of Ki Financial Ltd. on Jan. 1, 2025, Brit said ...
Date: February 27, 2026
PartnerRe Approved for Reinsurance Branch in India's GIFT City : PartnerRe Ltd. said it gained regulatory approval to establish a branch office in India's GIFT City, the latest in a string of reinsurers to do so. The new operation will be part of PartnerRe's Asia-Pacific reinsurance bu...
Date: February 27, 2026
AM Best Maintains the Under Review with Positive Implications Status for Credit Ratings of Aspen Insurance Holdings Limited and its Rated Subsidiaries : AM Best has maintained the under review with positive implications status for the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Aspen Insurance UK Limited (United King...
Date: February 27, 2026
AM Best Revises Outlooks to Positive for ICICI Lombard General Insurance Company Limited : AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of ICICI Lombard General Insuranc...
Date: February 27, 2026
Axa CEO: Retail, Technology Among Key Growth Drivers Going Forward : Axa SA looks to expand its retail and technology capabilities, and the group expands across lines and regions, its chief executive officer said. Risks including an aging population, technology, personal lines evolution, a...
Date: February 26, 2026
Munich Re CEO: Diversification Takes Pressure Off Property/Casualty Reinsurance : Munich Reinsurance Co.'s property/casualty reinsurance segment remains its largest and most profitable, but the group is seeing increasing profitability from its global specialty insurance, primary insurance and life reinsura...
Date: February 26, 2026
AM Best Revises Outlooks to Positive for Starr International Company, Inc.’s Insurance Subsidiaries : AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the insurance subsidiar...
Date: February 26, 2026
AM Best Affirms Credit Ratings of Somers Re Ltd. 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 Somers Re Ltd. (Bermuda) and its subsidiaries: Watford Insurance Company Euro...
Date: February 26, 2026
Howden Appoints Group Chief Legal Officer : Howden, a global insurance broking group, appointed Christopher Dalrymple as group chief legal officer, effective March 23. Dalrymple has more than 25 years of global legal leadership in the insurance and financial servi...
Date: February 26, 2026
Allianz CEO Sees High Potential in European Growth, Cross-Selling : Allianz SE looks to grow its customer base and cross-selling initiatives in Europe as it sees potential in protection and health insurance while improving its property/casualty segment, its chief executive officer said. T...
Date: February 26, 2026
Ageas Boosts Second-Half Profit With Esure, Nonlife Gains : Ageas SA/NV reported higher second-half and 2025 net income as the Belgium-based group expanded its international reach with recent acquisitions. "The acquisition of esure, which positions us as the third-largest personal...
Date: February 25, 2026
IGI Chief Executive: Competition Weighs on Reinsurance, Short-Tail Markets : International General Insurance Holdings Ltd. is seeing the effects of rising competition in reinsurance and short-tail lines as the group reported currency effects from a volatile U.S. dollar, its chief executive officer sai...
Date: February 25, 2026