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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Tokio Marine Kiln Confirms $75 Million Lloyd's Cyber Consortium : Tokio Marine Kiln said it is offering up to $75 million of capacity through its TMK PD+ Consortium at Lloyd's covering cyber-triggered physical damage and ensuing business interruption losses. The consortium has enhanced ...
Date: October 15, 2026
Best’s Commentary: Hurricane Isaias Insured Losses Likely Limited to an Earnings Event : While Hurricane Isaias briefly disrupted what has been a relatively quiet Atlantic hurricane season, any subsequent losses are expected to be dampened by recent improvements in pricing and underwriting among insurers in the F...
Date: October 15, 2026
AM Best Affirms Credit Ratings of Al Dhafra Insurance Company P.S.C. : AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Al Dhafra Insurance Company P.S.C. (ADIC) (United Arab Emirates). The outlook of these Credit Ratings...
Date: October 15, 2026
AM Best Affirms Credit Ratings of Arab Reinsurance Company SAL : AM Best has affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb” (Fair) of Arab Reinsurance Company SAL (Arab Re) (Lebanon). The outlook of the FSR is stable,...
Date: October 13, 2026
Aon, EBRD Expand Ukraine War Risk Facility Cover, Add Domestic Insurers : Aon plc said it expanded a war risk facility for Ukraine in partnership with the European Bank for Reconstruction and Development to provide coverage for up to €150 million ($167.8 million) from €110 million with continued pa...
Date: October 13, 2026
AM Best’s Annual Europe Insurance Market Briefing in London to Focus on Implications of Heightened Geopolitical Tensions for (Re)Insurers; Lloyd’s Chief of Market Performance to Deliver Keynote : AM Best will host its annual Europe Insurance Market Briefing on Thursday, 5 November 2026, from 8:30 a.m. to 3:45 p.m. (GMT) at Convene 200 Aldersgate, St. Paul’s in London. Rachel Turk, chief of market performance, Lloyd’s ...
Date: October 13, 2026
Price Forbes Launches $1 Billion London Market Cargo, Terrorism Facility : Price Forbes said it launched a London market facility that includes property, stock throughput and terrorism coverage within a single policy in partnership with Lloyd's underwriter Brit Insurance. Known as Accordium, the...
Date: October 12, 2026
MGU SageSure Makes Undisclosed Strategic Investment in Pillar Capital Management : SageSure Holdings LLC, a New Jersey-based managing general underwriter that focuses on catastrophe-exposed markets, said it has made a strategic investment in insurance-linked securities fund manager Pillar Capital Management...
Date: October 12, 2026
MGA Optio Group Launches Pinnacle Specialty Insurance in European Expansion : Specialty managing general agent Optio Group said it has launched specialty and transactional risk MGA Pinnacle Specialty Insurance, which it said will strengthen its offering in continental Europe. Pinnacle will be headq...
Date: October 12, 2026
European Insurance Regulator Releases Supervision Guidance for Private Equity-Backed Insurer : The European Insurance and Occupational Pension Authority has laid out its expectations for the regulators as they supervise insurers backed by private equity firms, which are increasingly acquiring and managing reinsurance u...
Date: October 12, 2026
HDI Global Names Managing Director for France : Delphine Leroy has been named named managing director, France, for HDI Globa SE. She will take on the role effective Jan. 1, 2027, the insurer said in a statement. Leroy succeeds Jean-Marie Haquette, who will retire aft...
Date: October 12, 2026
Howden Names Chief Commercial Officer : International broking group Howden has appointed Elliot Richardson as chief commercial officer with immediate effect. He will report to Chief Executive Officer David Howden and join the group executive committee while rem...
Date: October 12, 2026
Best's Market Segment Report: MENA Reinsurers Focus on Profitable Growth Opportunities Despite Geopolitical and Economic Uncertainties : Although geopolitical tensions have intensified in the region, the Middle East and North Africa markets present good topline growth potential for reinsurers, and continue to attract international interest, according to a new ...
Date: October 12, 2026
Sales Growth, Low Weather Losses Boost Third-Quarter Profit for Tryg : Tryg A/S posted higher third-quarter profit on double-digit sales growth and benign weather claims experience despite a lower investment result. Third-quarter profit rose to 1.63 billion Danish krone ($217.4 million) from...
Date: October 9, 2026
Compre Group Holdings Appoints Chief Risk Officer, Chief Actuary, Pricing : Compre Group Holdings Ltd, the Bermuda-domiciled international specialty reinsurance group, has promoted Davin Patel to succeed Brid Reynolds as chief risk officer, subject to the necessary governance and regulatory approvals...
Date: October 9, 2026
UK, TT Marine Club Members Approve Merger Creating Transport Supply Chain Mutual : The UK Protection and Indemnity Club said members of it and the TT Club voted to merge, creating what the club said is "the first transport mutual to span the entire cargo supply chain." The combined entity will cover the...
Date: October 9, 2026
AM Best Affirms Credit Ratings for Palomar Holdings, Inc. and Its Member Companies and Affiliate : AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of Palomar Holdings, Inc. (Palomar) (Delaware) [NASDAQ: PLMR], the ultimate parent and insurance holding company of Palomar Specialty Ins...
Date: October 9, 2026
AM Best Affirms Credit Ratings of Operating Subsidiaries of Essent Group Ltd. : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of the operating subsidiaries of Essent Group Ltd., which are Essent Guaranty, Inc. (domiciled in ...
Date: October 9, 2026
Jensten Group Appoints Group Chief Executive : Jensten Group has appointed Clive Buesnel to succeed Rob Organ as group chief executive officer, effective Nov. 2, subject to regulatory approval. Buesnel joins from Insurance Advisory Partners, where he is managing part...
Date: October 8, 2026
Markel Launches Chemical, Oil & Gas Property Offering, Appoints Head of First Party Energy : Markel Insurance has announced the launch of its chemical, oil and gas related energy property offering, and the appointment of Candice Walker to head of first party energy. Walker will lead the development of the new off...
Date: October 8, 2026