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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Gallagher Re: Data Centers in At-Risk Areas Will Likely Add to Rise in Severe Storm Losses : A staggering rise in U.S. severe convective storm losses in recent years has been driven mainly by volatility from the energy market, construction and labor costs, social inflation and how and where people live, according to ...
Date: April 21, 2026
ING Launches Managing General Agent : Banking giant ING has launched a managing general agent it said would allow it to be better respond to evolving customer needs and market shifts. ING said in a statement the delegated authority of an MGA will allow it to ...
Date: April 21, 2026
Swiss Re Appoints Head of Property/Casualty Reinsurance in Asia : Swiss Re has appointed Anna Ziswiler as head of property/casualty reinsurance Southeast Asia, India, Hong Kong, Taiwan and Korea, effective May 1. Ziswiler will be based in Singapore and become a member of the P/C reinsu...
Date: April 21, 2026
AM Best Affirms Credit Ratings of Compagnie Commune de Réassurance des Etats Membres de la CIMA : AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Compagnie Commune de Réassurance des Etats Membres de la CIMA (CICA-RE) (Togo). The outlook of these C...
Date: April 21, 2026
MS Amlin Launches Lloyd's Sub-Syndicate to Support Portfolio Solutions Team : Lloyd's underwriter MS Amlin launched a sub-syndicate it said will aim for innovative growth as it expands its new portfolio solutions effort. Sub-syndicate 1673 will support the expansion and give brokers access to great...
Date: April 21, 2026
Blenheim Syndicate 5886 Names Contingency Underwriter : Blenheim Underwriting hired Ian Ritchie as contingency underwriter, joining the Blenheim Syndicate 5886 non-appearance contingency team, effective June. In his new role, Ritchie will focus on diversify the existing non-ap...
Date: April 20, 2026
Carbon Promotes Two Leaders in Underwriting : Lloyd's syndicate Carbon Underwriting Ltd. has promoted Rob Crocker to chief underwriting officer and Julie Gallagher to the role of group underwriting management director. In his new role, Crocker will oversee the firm’s...
Date: April 20, 2026
UK Commercial Insurance Distributor Jensten Group Restructures for Growth : The United Kingdom's Jensten Group said it has completed a restructuring designed to accomplish a long-term growth strategy. The new structure will see its business broken into two "clearly defined" trading divisions focu...
Date: April 20, 2026
Axa XL Appoints CUO, Structured Risk Solutions : Axa XL has appointed Jiten Halai as global chief underwriting officer, structured risk solutions. Halai will lead the global underwriting strategy for structured risk solutions, further advancing Axa XL’s ability to deliv...
Date: April 20, 2026
India's Government Approves $1.5 Billion Marine Insurance Program : India's cabinet approved a proposal to create the 12,980 crore rupees ($1.5 billion) "Bharat Maritime Insurance Pool" backed by the country's government. The pool was approved to back continuous maritime insurance coverag...
Date: April 20, 2026
Beazley to Launch $1 Billion Marine War Risk Consortium for Hormuz Strait Shipping : Beazley plc said it plans to launch a marine war consortium that would provide up to $1 billion of Lloyd's capacity for ships transiting the Strait of Hormuz. The consortium, comprising $500 million for hull war and $500 ...
Date: April 17, 2026
AM Best: Market Segment Outlook – London Market Insurance : AM Best expects the profitability of London Market companies to moderate over 2026 but remain positive, subject to normal catastrophe experience, according to new research discussed by Kanika Thukral, associate director, anal...
Date: April 17, 2026
Broker HW Rebrands as Dubois, Consolidates European, Australian Operations : HW International said it is rebranding to Dubois while bringing its European and Australian operations together under a single global identity. The move includes a company name change in Australia from HW Wood Australia P...
Date: April 16, 2026
Axa XL Names Head of Claims, North America, Reinsurance : Axa XL Reinsurance has promoted Tara Smith-Eckert as head of claims, North America, reinsurance, effective May 1. In this role, Smith-Eckert will be responsible for leading the North America and Bermuda claims operations,...
Date: April 16, 2026
AM Best Upgrades Credit Ratings of SiriusPoint Ltd. and Its Subsidiaries : AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of the rated operating subsidiaries of S...
Date: April 16, 2026
Vienna Insurance Exec Joins VIG Re as Head of Finance : VIG Re has appointed Michael Klikovits as head of finance, effective in April. He will also join the company’s senior leadership team. Klikovits will oversee finance management, financial accounting and tax reporting a...
Date: April 16, 2026
AM Best Revises Issuer Credit Rating Outlook to Positive for Halyk Insurance Company JSC : AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of the Joint-...
Date: April 16, 2026
AM Best Affirms Credit Ratings of Middle East Insurance Company Plc : AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Middle East Insurance Company Plc (MEICO) (Jordan). The outlook of these Credit Ratings (ratings) is sta...
Date: April 16, 2026
Rare Earth Insurance Partners Promotes Two Execs to Chairman and Chief Executive : Rare Earth Insurance Partners promoted Wang Wei to chairman, Rare Earth Insurance Partners, Asia-Pacific, and appointed Candace Chan to succeed Wei as chief executive, Rare Earth Insurance Partners, Hong Kong and Taiwan. ...
Date: April 15, 2026
Helvetia Baloise Posts Combined $1.28 Billion Profit as Integration Cuts Costs : Helvetia Baloise Holding AG posted ad hoc earnings of more than 1 billion Swiss francs ($1.28 billion) for 2025 as a combined entity as the Swiss group detailed an integration plan expected to cut up to 2,600 full-time equiva...
Date: April 15, 2026