Best’s Market Segment Report: U.S. Government Shutdown May Create Opening for Private Flood Insurers to Fill Void Left by Lack of NFIP Coverage
: The U.S. government shutdown has halted a key federal agency’s ability to renew existing flood insurance policies or even underwrite new coverage through the National Flood Insurance Program (NFIP), potentially affecting mill...
Date: October 13, 2025
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Best's Market Segment Report: Sub-Saharan Africa’s Reinsurers Staying the Course Amid Economic Uncertainty
: The economic environment across sub-Saharan Africa (SSA) has been challenging in recent years, though analysis in a new special report from AM Best shows that the region's reinsurers have been resilient amid these complexitie...
Date: October 13, 2025
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Aon Estimates Hundreds of Millions of Dollars in Losses From First European Windstorm of Season
: The first named European windstorm of the 2025-2026 season likely inflicted hundreds of millions of dollars in insured losses on carriers, according to Aon.
Windstorm Amy, also known as Detlef, struck northern and western...
Date: October 10, 2025
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AM Best Affirms Credit Ratings of Ecclesiastical Insurance Office plc
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Ecclesiastical Insurance Office plc (EIO) (United Kingdom). At the same time, AM Best has affirm...
Date: October 10, 2025
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Tryg Sees Insurance Results Up in Third Quarter; Investments Drain Profit
: Tryg A/S posted lower profit in the third quarter as a rise in insurance results wasn't enough to overcome a drop in its investment results.
Third-quarter profit fell to 1.98 billion Danish krone ($306.7 million) from 2.1...
Date: October 10, 2025
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Munich Re Northern Europe CEO: AI Algorithms Create New Coverage Opportunities
: Carsten Prussog, chief executive officer, U.K., Ireland, Netherlands, Nordics and Baltics, Munich Re, said algorithm risks can be covered through new products aimed at startups and tech firms. Prussog spoke with AM Best TV at...
Date: October 10, 2025
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AM Best Affirms Credit Ratings of Ascot Group Limited’s Core Operating Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Ascot Bermuda Limited (Ascot Bermuda) (Bermuda), as well as certain memb...
Date: October 10, 2025
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AmTrust International Appoints HSBC Alum as Head of Claims for AmTrust Specialty
: AmTrust International appointed Tony Scott as head of AmTrust Specialty Claims, subject to regulatory approval, and head of claims for its specialty business unit.
The company is a global specialty insurer and unit of AmT...
Date: October 9, 2025
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Munich Re Specialty to Expand Footprint in Germany's Primary Specialty Market
: Munich Re Specialty secured regulatory approval to offer commercial insurance in Germany's primary specialty insurance market as part of a European expansion, it said.
The German operation builds on a long-standing presen...
Date: October 9, 2025
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Crypto Life Insurer Anthea Will Launch First Life Product Denominated in Ethereum
: Bermuda-based crypto fintech Anthea Holding Ltd. said a wholly owned insurance subsidiary plans to launch the first life insurance product denominated in Ethereum cryptocurrency following a fundraise.
Anthea Insurance Ltd...
Date: October 9, 2025
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AM Best Affirms Credit Ratings of Bahrain Kuwait Insurance Company B.S.C.
: 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. (GIG Bahrain) and its subsidiary, Takaful Internation...
Date: October 9, 2025
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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: October 9, 2025
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Lloyd’s Chief of Market Performance: Investor Appetite Grows as Insurers Navigate Change
: Rachel Turk, chief of market performance, Lloyd’s, discusses key trends shaping the insurance industry, from shifting risk to capital and market discipline. Turk spoke with AM Best TV at the Rendez-Vous de Septembre conferenc...
Date: October 9, 2025
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Dale Underwriting CEO Warns of Deteriorating Trends Despite Strong Market Results
: Duncan Dale, chief executive officer of Dale Underwriting Partners, said while the reinsurance market has enjoyed two strong years, underlying claims data reveals worsening trends. Dale spoke with AM Best TV at the Rendez-Vou...
Date: October 9, 2025
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AM Best Upgrades Issuer Credit Ratings of AXA S.A. and Its Main Rated Subsidiaries
: AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating of A+ (Superior) of AXA S.A. (AXA) (France) and its rated subsidiari...
Date: October 9, 2025
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AM Best Affirms Credit Ratings of Zavarovalnica Triglav d.d. and Pozavarovalnica Triglav Re, d.d.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Zavarovalnica Triglav d.d. (Triglav), the operating holding company of the Triglav group and Po...
Date: October 9, 2025
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AM Best Affirms Credit Ratings of Pozavarovalnica Sava d.d.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Pozavarovalnica Sava d.d. (Sava Re) (Slovenia), the operating holding company of the Sava Insura...
Date: October 9, 2025
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AM Best Affirms Credit Ratings of General Insurance Corporation of India
: AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the National Scale Rating of aaa.IN (Exceptional) of General Insurance Corporation of India (GIC...
Date: October 9, 2025
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MS Amlin CUO: It's Not Just About the Notes You Play, but the Notes You Don't Play
: Martin Burke, chief underwriting officer, MS Amlin, said when looking at aggregations, you must be comfortable with your stance in the end. Burke spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.
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Date: October 8, 2025
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GIC Re CUO: Innovation Must Focus on Affordability, Not Just New Products
: Sanjay Mokashi, general manager and chief underwriting officer, GIC Re, said closing India's protection gap requires redesigning existing insurance products. Mokashi spoke with AM Best TV at the Rendez-Vous de Septembre confe...
Date: October 8, 2025
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