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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Allianz Extends Asia-Pacific Reach With $2.28 Billion HSBC Life Singapore Deal : Allianz Group said it will acquire HSBC Life Singapore Pte Ltd. and enter a related 15-year distribution agreement with an HSBC bank for total consideration of €2.0 billion ($2.28 billion). HSBC Singapore, a composite ins...
Date: July 24, 2026
Mapre Affiliate to Acquire Safety Insurance Group for $1.54 Billion Amid Shareholder Investigation : Mapfre S.A. will acquire Massachusetts-based Safety Insurance Group Inc. for about $1.54 billion, as shareholder litigation firm Ademi LLP said it is investigating whether the deal breaches Safety's fiduciary responsibility. ...
Date: July 24, 2026
Munich Re: Low Major Losses Help $2.5 Billion Second-Quarter Preliminary Earnings : Munich Re posted preliminary second-quarter net profit of about €2.2 billion ($2.50 billion), which the reinsurer said "significantly surpassed" a consensus estimate of €1.79 billion for the quarter. "This result was buoy...
Date: July 24, 2026
AM Best Affirms Credit Ratings of ONIX Asigurari S.A. : AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of ONIX Asigurari S.A. (ONIX) (Romania). The outlook of these Credit Ratings (ratings) is stable. The ratin...
Date: July 24, 2026
AM Best Affirms Credit Ratings of Top Layer Reinsurance Ltd. : AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Top Layer Reinsurance Ltd. (Top Layer) (Bermuda). The outlook of these Cr...
Date: July 23, 2026
AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd., Its Core Subsidiaries and Joint Ventures : AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IRs) of RenaissanceRe Holdings Ltd (RenaissanceRe) [NYSE: RNR], which is the ultima...
Date: July 23, 2026
Santam Syndicate 1918 Appoints Leader for Entry Into International Motor Market : Santam Syndicate 1918, part of the Santam Group, Africa’s largest nonlife insurer, appointed two senior London market professionals to its expanding team. Neil Smith joins to lead the Syndicate’s entry into the internatio...
Date: July 23, 2026
RenaissanceRe Second-Quarter Net Income Declines 20.8% : RenaissanceRe Holdings Ltd.'s second-quarter available net income dropped 20.8% to $654.2 million, from $826.5 million a year earlier. Net premiums written decreased to $2.28 billion from $2.77 billion. The combined ratio...
Date: July 23, 2026
AM Best Affirms Credit Ratings of Munich Reinsurance Company and Its Subsidiaries : AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Munich Reinsurance Company (Munich Re) (Germany) and its subsidiaries. AM...
Date: July 23, 2026
AM Best Affirms Credit Ratings of DavidShield Insurance Company : AM Best has affirmed the Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) of DavidShield Insurance Company (DSIC) (Israel). DSIC is a wholly owned subsidiary of DavidShield Passpor...
Date: July 23, 2026
AM Best Revises Outlooks to Stable for Qatar General Insurance & Reinsurance Company QPSC : AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Qatar General Insurance & Reinsurance Company QPSC (Q...
Date: July 23, 2026
Insurance Crosses Muddy Farm Fields at United Kingdom's Royal London Mutual : Royal London Society, the largest mutual insurer in the United Kingdom and the sixth-biggest in Europe in terms of gross written premiums, is among carriers worldwide seeking to find innovative ways to operate. In the cas...
Date: July 22, 2026
Chubb CEO: Competitive Softening Is Spreading Through Casualty Lines : Soft market conditions have begun to spread beyond property to more casualty lines, particularly in excess and surplus, Chubb Ltd. Chairman and Chief Executive Officer Evan Greenberg said in a conference call. Certain lar...
Date: July 22, 2026
Probe Finds Ex-CEO's Conduct 'Detrimental' to Lloyd's Interests : A Lloyd's investigation concluded the conduct of former Chief Executive Officer John Neal "fell significantly below the standards expected of Lloyd's senior leaders and was detrimental to the interests of the corporation and ...
Date: July 22, 2026
AM Best Maintains Under Review With Negative Implications Status for Credit Ratings of First Insurance Company : AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of First Insurance Company (SFIC) (Jordan). The...
Date: July 22, 2026
AM Best Maintains Under Review With Negative Implications Status for Credit Ratings of Solidarity Bahrain B.S.C. : AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Solidarity Bahrain B.S.C. (Solidarity Bahrai...
Date: July 22, 2026
AM Best Affirms Credit Ratings of Kuwait Reinsurance Company K.S.C.P. : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Kuwait Reinsurance Company K.S.C.P. (Kuwait Re) (Kuwait). The outlook of these Credit Ratings (r...
Date: July 22, 2026
AM Best Revises Outlooks to Stable From Negative and Affirms Credit Ratings of FGH Parent, LP Members : AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Fortitude Reinsurance Company Ltd., Fortitude ...
Date: July 21, 2026
MGA Rokstone Marine Expands Auto-Transporter Program : Reinsurance managing general agent Rokstone said it has secured a $1 million capacity deal with Lloyd's to launch a specialist auto-transporter offering as it looks to grow in the inland marine sector. The deal allows the...
Date: July 21, 2026
Generali Launches $342.9 Million European SME Investment Program : Assicurazioni Generali S.p.A. said it has launched a €300 million ($342.9 million) "European sovereignty program" to invest in small and medium enterprises, strategic infrastructure and innovation in the Europe Union. The...
Date: July 20, 2026