AM Best Affirms Credit Ratings of The West of England Ship Owners Mutual Insurance Association
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The West of England Ship Owners Mutual Insurance Association (West or the Club) (Luxembourg). ...
Date: October 27, 2026
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Best’s Commentary: PHP Vulnerabilities Raises Concerns of Systemic Event for Cyber Insurers
: Security flaws in the PHP programming language, used by a majority of websites globally, highlights the potential of a systemic risk scenario and risk aggregation that has long-worried cyber insurers and resulted in a relucta...
Date: October 27, 2026
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Andrew Laing, Aon's UK Reinsurance Leader, Has Died
: Aon has announced through a LinkedIn post that Andrew Laing, who led Aon's U.K. Reinsurance Solutions business, has died.
Laing devoted more than 40 years to the company, building not only an extraordinary career but als...
Date: October 26, 2026
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Starr Launches Italy Office, Appoints Branch Manager
: Commercial lines underwriter Starr has expanded its European presence with launch of office in Italy and has named Reto Arrigoni as branch manager for Italy alongside his existing role as head of casualty for Continental Euro...
Date: October 26, 2026
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AmTrust International Acquires European Commercial Insurer Wakam
: AmTrust International said it has acquired Wakam, a commercial insurer that operates in Europe and the United Kingdom.
Under AmTrust's ownership, Wakam is now fully capitalized and can write new business and renew policie...
Date: October 26, 2026
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Liberty Mutual Re, Celest.Science Partner on Cyclone Risk Methodology
: Liberty Mutual Reinsurance and climate technology firm Celest.Science said they will collaborate to develop a potential fallback methodology supporting event characterization for parametric tropical cyclone insurance when key...
Date: October 26, 2026
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Marsh Re, Synthetik Extend Modeling Partnership for Terrorism, Political Violence
: Synthetik Insurance Technologies and Marsh Re extended an agreement covering extensive multiperil consulting and Marsh Re's use of CityScape, Synthetik's portfolio-level explosion modeling tool developed with Marsh Re for a f...
Date: October 26, 2026
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Aon: Initial Claims Exceed 3,000 After Historic Flash Flood in Istanbul Region
: Insurers have taken in more than 3,000 claims after exceptionally heavy rain Oct. 13-15 caused what may have been the worst flash flooding in Istanbul in at least 80 years, Aon said in a catastrophe report.
Flooding in th...
Date: October 26, 2026
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Best’s Commentary: AM Best Comments on Impact of Civil Unrest on France’s Insurers
: The recent civil unrest witnessed across France has highlighted the need for Strikes, Riots and Civil Commotion (SRCC) coverage to close the insurance gap from these kinds of events, according to a new AM Best commentary.
...
Date: October 23, 2026
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UK P&I, TT Club Complete Joint Acquisition of Thomas Miller
: The UK P&I Club and TT Club said they completed their joint acquisition of insurance services provider Thomas Miller Holdings, a step toward their merger to become United Transport Mutual.
The acquisition of Thomas Miller...
Date: October 23, 2026
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Munich Re Third-Quarter Profit Slips Despite Lower Cat Losses
: Munich Re reported preliminary third-quarter net profit of about €1.7 billion ($1.90 billion) on positive operating performance across all segments.
Major losses were below average expectations in property/casualty reinsu...
Date: October 23, 2026
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AM Best Affirms Credit Ratings of Al Fujairah National Insurance Company PJSC
: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Al Fujairah National Insurance Company PJSC (AFNIC) (United Arab Emirates) [UAE]. The outlook of these...
Date: October 23, 2026
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Specialty Insurance Carrier, Pinion Insurance, Hires Chief Technical Officer
: Pinion Insurance has named Robert Carlaw as chief technical officer.
Pinion is a London-headquartered specialty insurance carrier formed earlier this year (BestNews, Feb. 18, 2026).
Carlaw will lead the continued deve...
Date: October 22, 2026
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Citing Geopolitical Risks, Willis Launches Defense and Security Initiative
: WTW Ltd.'s Willis unit launched a global defense and security initiative, which the broker said is a coordinated, sector-led platform connecting capabilities across its specialties and geographies.
The initiative is desig...
Date: October 22, 2026
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MSIG UK Appoints Interim CUO and Claims Director
: MSIG UK has appointed Tim Harris to succeed John Moffatt, chief underwriting officer, as interim CUO, subject to regulatory approval. Stephanie Belcourt also joins MSIG UK as claims director.
Harris, previously deputy chi...
Date: October 22, 2026
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Price Forbes Appoints New CEO, Marine
: Price Forbes has appointed Anthony Burnell-Nugent to succeed Paul Kearns as chief executive officer, marine. Kearns has been appointed chairman of marine.
Burnell-Nugent joined Price Forbes in September 2026 from Miller I...
Date: October 22, 2026
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AM Best Affirms Credit Ratings of Maxseguros EPM Ltd.
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Maxseguros EPM Ltd. (Maxseguros) (Bermuda). The outlook of these Credit Ratings (ratings) is s...
Date: October 22, 2026
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Global Fintech Acrisure Appoints Cobra Network Exec as CEO of UK Retail Business Operations
: Global fintech Acrisure has appointed Andy Tedstone as chief executive officer of its United Kingdom retail business operations, effective in April 2027.
Tedstone will be responsible for driving the next phase of the busi...
Date: October 22, 2026
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HDI Global Appoints Global Head of Sport, Leisure and Entertainment
: HDI Global has appointed Sheena Williams as global head of sport, leisure and entertainment, effective immediately.
Williams will focus on further amplifying the company’s international SLE proposition by bringing togeth...
Date: October 22, 2026
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AM Best Affirms Credit Ratings of Stellar Insurance, Ltd.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Stellar Insurance, Ltd. (Stellar) (Bermuda), an indirectly wholly owned subsidiary of the Saudi...
Date: October 22, 2026
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