Gallagher Re Pegs Two Storm Losses at $2.9 Billion
: Lines of severe and powerful thunderstorms with straight-line winds and giant hail may have caused €2.5 billion ($2.9 billion) in insured losses in Europe on Aug. 24-28, according to Gallagher Re.
The greatest damage in E...
Date: September 4, 2026
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Swiss Life Announces 600 Job Reductions by 2028 in Push for Operational Efficiency
: Swiss Life Holding AG said it intends to eliminate 600 positions by the end of 2028 primarily through natural attrition as it seeks to exploit market opportunities and increase efficiency.
The Zurich-based carrier said in...
Date: September 4, 2026
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AM Best: Asia Focus – Resilience Through Transformation
: A new Best's Market Segment Report discussed by AM Best Senior Director and Head of Analytics Christie Lee and Director of Analytics Chris Lim, finds Asia-Pacific reinsurers use softer market conditions to optimize protection...
Date: September 4, 2026
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AM Best Affirms Credit Ratings of AVLA Re Ltd.
: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of AVLA Re Ltd. (AVLA Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable.
The rating...
Date: September 4, 2026
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Investment Firm EQT to Buy Majority Stake in Broker McGill and Partners for $2 Billion
: Swedish institutional investment firm EQT AB will acquire a majority stake in commercial broker McGill and Partners for $2 billion from Warburg Pincus, which backed the broker on its founding in 2019.
McGill and Partners...
Date: September 4, 2026
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AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Aspen Insurance Holdings Limited and its Rated Subsidiaries
: AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “aa-” (Superior...
Date: September 4, 2026
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AM Best Affirms Credit Ratings of AXIS Capital Holdings Limited and Its Operating Subsidiaries
: 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 AXIS Capital Holdings Limited (Pembroke, Bermuda), collectively ...
Date: September 4, 2026
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AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated 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 the main rated insurance subsidiaries of Zurich Insurance Group Ltd (Zuri...
Date: September 4, 2026
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AM Best Affirms Credit Ratings of Adamjee Insurance Company Limited
: AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Adamjee Insurance Company Limited (Adamjee) (Pakistan). The outlook of these Credit Ratings (ratings) is ...
Date: September 4, 2026
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AM Best Withdraws Credit Ratings of NEWGT Reinsurance Company, Ltd.
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NEWGT Reinsurance Company, Ltd. (NEWGT) (Bermuda). The outlook of these Credit Ratings (rating...
Date: September 4, 2026
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Fidelis Partnership Hires Reinsurance CUO, Fills Senior Positions in Bermuda, London
: The Fidelis Partnership has appointed Helen Wilson as reinsurance chief underwriting officer.
She brings more than 20 years of industry experience. Wilson previously served as a senior underwriter at Hannover Re in Bermud...
Date: September 3, 2026
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UK Regulator Moves to Ban Adviser Over ‘Misleading’ Pension Transfer Advice
: The United Kingdom’s Financial Conduct Authority said it decided to ban and fine a financial adviser £742,700 ($1.01 million) over accusations he gave misleading pension transfer advice.
Daniel Thomas, director and financ...
Date: September 3, 2026
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BHSI Names Head of Spain Business Lines
: Berkshire Hathaway Specialty Insurance appointed Maria Victoria Valentin-Gamazo as head of executive and professional lines and head of customer and broker engagement for Spain.
Valentin-Gamazo will lead the underwriting ...
Date: September 3, 2026
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ABI: UK Fire Reinsurance Initiative Sees Growth Following Limit Increase
: The United Kingdom’s Fire Safety Reinsurance Facility is continuing to see growth and development a year after policy limits were increased, the Association of British Insurers said.
During the 12 months ending April 1, t...
Date: September 3, 2026
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AM Best Affirms Credit Ratings of Sammons Financial Group, Inc. and Its Subsidiaries
: AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Midland National Life Insurance Company (Midland National) and North American ...
Date: September 3, 2026
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Caledon Group Launches MGAs in United Kingdom and Ireland for Nonstandard Household Risks
: Caledon Group said it has launched managing general agent Caledon MGA in the United Kingdom and Ireland, with a focus on "unique, complex and nonstandard" household risks.
“Caledon Group was created to invest in and build...
Date: September 3, 2026
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Lloyd's Underwriter MS Amlin Appoints Aon Inpoint Exec as Commercial Director
: Lloyd’s underwriter MS Amlin has appointed Sarah Reidy to the newly created role of commercial director, effective in December.
Reidy will serve as a critical link between MS Amlin's underwriting teams and the senior lead...
Date: September 3, 2026
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Lloyd's Posts 16.8% Lower Profit on Middle East Conflict; CEO Warns of 'Disorderly' World
: Lloyd's reported a 16.8% drop in its pretax profit in the first half of this year, as Chief Executive Officer Patrick Tiernan warned of compounding threats hitting at once and disclosed a £1.4 billion ($1.89 billion) loss due...
Date: September 3, 2026
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AM Best Assigns Credit Ratings to Mainstream Reinsurance Limited Company
: AM Best has assigned the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) to Mainstream Reinsurance Limited Company (Mainstream Re) (Ghana). The outlook assigned to these Credit Ra...
Date: September 3, 2026
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Marsh Appoints Head of International, Marsh Re
: Marsh has appointed Laurent Rousseau as head of international, Marsh Re, effective immediately.
He will be based in London.
Rousseau will lead Marsh Re’s Asia, Pacific, Latin America and Caribbean regions in addition t...
Date: September 3, 2026
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