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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India's Insurance Regulator Forms Artificial Intelligence Working Group : India's insurance regulator formed a working group to track rapid advancements in emerging technologies including artificial intelligence. The working group is designed to guide regulated insurance entities to use AI resp...
Date: June 23, 2026
AM Best Affirms Credit Ratings of Allshores Limited and Its Subsidiaries : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Allshores General Insurance Company (Bermuda) Limited, Allshores Life and Benef...
Date: June 23, 2026
Carrick Assumes UK Nonlife Runoff Portfolio of Brazil's IRB : Legacy insurer Carrick Group Ltd. said it transferred the reinsurance contracts of IRB-Brasil Resseguros' United Kingdom branch to Community Reinsurance Corp. Ltd. through an insurance business transfer scheme under Part VII ...
Date: June 23, 2026
AM Best Assigns Credit Ratings to Kuwait Islamic Takaful Insurance Company K.S.C. (closed) : AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Kuwait Islamic Takaful Insurance Company K.S.C. (closed) (KIC Takaful) (Kuwait). The outlook assig...
Date: June 23, 2026
AM Best Affirms Credit Ratings of Protector Forsikring ASA : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Protector Forsikring ASA (Protector) (Norway). The outlook of these Credit Ratings (ratings) i...
Date: June 23, 2026
AM Best to Attend and Exhibit at the Managing General Agents’ Association’s Annual Conference : AM Best will exhibit at the Managing General Agents’ Association’s (MGAA) annual conference, which will take place 7 July 2026 at the Business Design Centre in London. During the full-day event, AM Best representatives will...
Date: June 23, 2026
Hartford Appoints CUO, UK and Head of Upstream Energy, International : Hartford appointed Dave Draper as chief underwriting officer, United Kingdom, and Bertie Troughton as head of upstream energy, international based in the United Kingdom. Draper has been serving as interim CUO following th...
Date: June 22, 2026
Howden Re Appoints Director for New Office in Ireland : Howden Re established a new office in Ireland and appointed David Carpenter as director, Howden Re Ireland. Carpenter will lead the expansion in Ireland, building a local team to deliver reinsurance solutions for Irish in...
Date: June 22, 2026
Chubb Leads Lloyd's War Risk Consortium for Hormuz Transit Risks : Lloyd's said it launched a consortium to provide up to $200 million in marine war risk insurance capacity for vessels and cargo transiting the Strait of Hormuz with Chubb Ltd. as lead underwriter. The effort is supported ...
Date: June 22, 2026
UK Financial Regulator Looking to Revamp Rules on Self-Invested Pensions : The United Kingdom’s Financial Conduct Authority launched a consultation on standards for self-invested personal pensions with the goal of providing greater consistency, while maintaining flexibility and broad investment opti...
Date: June 22, 2026
AM Best to Join Panel Discussion at 2026 Azerbaijan International Insurance Forum : AM Best will speak on a panel at the 2026 Azerbaijan International Insurance Forum, scheduled for 24-25 June 2026 in Baku, Azerbaijan. Vasilis Katsipis, general manager, MENA, South and Central Asia, AM Best, will join a pa...
Date: June 22, 2026
AM Best Affirms Credit Ratings of ERIKA Försäkringsaktiebolag (publ) : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ERIKA Försäkringsaktiebolag (publ) (Erika) (Sweden). The outlook of these Credit Ratings (rati...
Date: June 18, 2026
AM Best Assigns Credit Ratings to Enaya Insurance Company K.S.C. (Closed) : AM Best has assigned the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) to Enaya Insurance Company K.S.C. (Closed) (Enaya) (Kuwait). The outlook assigned to these Credit Rating...
Date: June 18, 2026
AM Best Upgrades Credit Ratings of Solen Versicherungen AG and Noble Assurance Company : AM Best upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Solen Versicherungen AG (SVAG) (Switzerland) and Noble As...
Date: June 18, 2026
AM Best Affirms Credit Ratings of PT Asuransi Astra Buana : AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) of PT Asuransi Astra Bua...
Date: June 18, 2026
AM Best Affirms Credit Ratings of Kuwait Insurance Company S.A.K.P. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Kuwait Insurance Company S.A.K.P. (KIC) (Kuwait). The outlook of these Credit Ratings (ratings...
Date: June 18, 2026
AM Best to Speak and Sponsor at 2026 International Takaful Summit : AM Best will speak at the 14th annual International Takaful Summit, which will take place from 30 June 2026 to 2 July 2026 in London. Mahesh Mistry, senior director, head of analytics in AM Best’s London office, will be spe...
Date: June 18, 2026
Lloyd's Broker MNK International Appoints Managing Director to Help Grow Ag Portfolio : MNK International, an independent Lloyd’s broker, appointed Robert Cooper as managing director, aquaculture, livestock and bloodstock, to build out its global agricultural and specialty portfolio. Cooper will focus on bui...
Date: June 17, 2026
Everest Group, Stone Point Team Up on New Casualty Sidecar Annapurna Re : Everest Group Ltd. said it has partnered with equity firm Stone Point Capital LLC to launch Annapurna Re Ltd., a Bermuda-based casualty reinsurance sidecar. Funds managed by Stone Point will serve as the inaugural, anchor...
Date: June 17, 2026
AM Best Affirms Credit Ratings of Convex Group Limited’s Subsidiaries : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Convex Re Limited (CRL) (Bermuda), Convex Insurance UK Limited (CIL) (United Kingdom), Convex E...
Date: June 17, 2026