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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Aon: Insured Losses Possible From Cyberattack on French Supermarkets : Insured losses are possible from a series of cyberattacks on supermarkets in France, depending on the policy language involved, as exposure lies between cyber and property coverages, an insurance broker executive said. Su...
Date: October 16, 2026
Aon Appoints Global Chief Execution Officer, Risk Capital and Human Capital : Aon has appointed Leonora Siccardi in the newly created role as global chief execution officer, risk capital and human capital, effective immediately. Siccardi will strengthen the connection between strategy, investment ...
Date: October 16, 2026
Credit Insurer Credeq Gets Lloyd's OK for New Syndicate : Credit risk specialist Credeq said it gained in-principle approval from Lloyd's to establish Credeq Syndicate 1998 as part of the credit insurance provider’s global growth strategy. The syndicate is expected to begin unde...
Date: October 16, 2026
AM Best Revises Issuer Credit Rating Outlook to Positive, Affirms Credit Ratings of Sura Re Ltd. : 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 Sura Re Lt...
Date: October 16, 2026
MGA Clearwater Underwriting Hires Sompo Exec as CEO : Managing general agent Clearwater Underwriting, which focuses on marine risks, hired Henry MacHale in the newly created role of chief executive officer, effective in the second quarter of 2027. MacHale is currently chief...
Date: October 15, 2026
MSH Launches Employee Benefits Captive Advisory Division Elucin :  MSH, a subsidiary European corporate insurance and reinsurance brokerage Diot-Siaci Group said it has launched Elucin, a new Luxembourg-based entity focused on employee-benefits captives. Elucin is designed to support in...
Date: October 15, 2026
Markel Insurance Appoints Axa XL Exec as Head of Energy Liability : Markel Insurance has appointed Josephine Stroud as head of energy liability and Jenny McFarlane joins as senior underwriter, marine and energy liability, with both appointments adding to Markel’s London Market underwriting te...
Date: October 15, 2026
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