Beazley Posts First-Half Profit Drop on Softening, Acquisition Costs
: Beazley plc posted sharply lower after-tax profit as the group incurred costs related to its pending acquisition by Zurich Insurance Group Ltd. while insurance revenue fell on market softening and lower investment income.
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Date: August 5, 2026
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Fidelis Partnership Hires Ascot Exec as Head of Underwriting, Property Binders
: The Fidelis Partnership has appointed Kevin Donovan as head of underwriting, property binders.
Donovan will lead the company's delegated authority property business, bringing with him a strong relationship network and d...
Date: August 5, 2026
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AM Best Affirms Credit Ratings of Bosna Reosiguranje d.d. Sarajevo
: AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Bosna Reosiguranje d.d. Sarajevo (Bosna Re) (Bosnia and Herzegovina [BH]). The outlook of these Credit...
Date: August 5, 2026
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Lloyd's Coverholder Kita Gets Strategic Investment From Tokio Marine
: Lloyd's coverholder Kita said it received a strategic investment from Tokio Marine Group as it deepened its partnership with the Tokyo-based group.
The investment, made through Tokio Marine & Nichido Fire Insurance Co. Lt...
Date: August 4, 2026
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Markel Insurance Appoints Former Allianz Exec as Managing Director of Specialty For London Market
: Markel Insurance has appointed Doan Nguyen to succeed Tom Hillier as managing director, specialty for its London Market operation, effective immediately. Hillier was appointed chief underwriting officer for Markel Internation...
Date: August 4, 2026
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Lockton Re Executes Property Catastrophe-Cyber ILS Deal
: Lockton Re executed what it said is believed to be the first industry loss warranty transaction combining property catastrophe and cyber triggers within a single limit structure.
"As the ILW market continues to evolve, we...
Date: August 4, 2026
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Ageas to Sell Malaysia Joint Venture Stake for $1.27 Billion
: Ageas said it will sell its 30.95% stake in Malaysian nonlife insurance joint venture Maybank Ageas Holdings Berhad for about €1.1 billion ($1.27 billion) in cash, but the Brussels-based group said Asia remains a core market ...
Date: August 3, 2026
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Gallagher CEO: Complex Data Center Insurance Needs Boost Second-Quarter Growth
: Construction, infrastructure, energy and data center activity boosted growth in the second quarter, according to Arthur J. Gallagher & Co. Chairman and Chief Executive Officer Pat Gallagher.
"These areas create new and mo...
Date: July 31, 2026
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Aon: Tornadoes, Wildfires, Earthquake Likely Left Billions of Dollars of Losses Across Three Continents
: Tornadoes, wildfires and an earthquake likely left insurers with billions of dollars of losses across three continents, according to Aon.
In the United States, severe storms spun off tornadoes, including a devastating EF-...
Date: July 31, 2026
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Axa Estimates Middle East Losses at $115.2 Million; European Wildfires Ongoing
: Axa SA boosted its first-half profit despite losses from wildfires in Europe and a €100 million ($115.2 million) hit from events in the Middle East.
The Middle East loss was in the group's Axa XL underwriting unit, which ...
Date: July 31, 2026
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AM Best Revises Outlooks to Negative for Nissan Global Reinsurance. Ltd.
: AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Nissan Global Reinsurance, Ltd. (NGRe) (Hamil...
Date: July 31, 2026
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Allianz Pays $1.61 Billion to Terminate Pimco Employee Equity Plan
: Allianz SE said it will terminate the legacy asset management segment Pimco employee benefit plan at a cost of at least €1.4 billion ($1.61 billion).
The insurer exercised its right to terminate the legacy Pimco employee ...
Date: July 31, 2026
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2026 Best's Rankings: French Carriers Dominate List of Europe's Top Mutual Insurers by 2024 GPW
: France-based insurer Société de Groupe d'Assurance Mutuelle Covéa topped AM Best's inaugural ranking of European mutual insurers, with the country dominating the top of the list, according to a Best's Rankings report.
Cov...
Date: July 31, 2026
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AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
: AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a” (Excellent...
Date: July 31, 2026
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MS Amlin Appoints Chief Actuary
: Lloyd’s underwriter MS Amlin has appointed Laura Hobern to succeed Paul Lucas as chief actuary, effective in the fourth quarter, subject to regulatory approval.
Lucas has been appointed to the newly created role of under...
Date: July 30, 2026
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WTW Chief Executive Touts AI Advantage With $625 Million Technology Investment
: WTW seeks to get ahead of artificial intelligence advances in the insurance market with a $625 million investment in technology, its chief executive officer said.
WTW expects to capture $400 million in run-rate savings us...
Date: July 30, 2026
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Acies MGU Launches Ports and Terminals MGA TEDmar International
: Technology and data driven managing general underwriter Acies MGU said it has launched TEDmar International, a new managing general agent specializing in ports and terminals.
TEDmar is supported by a consortium of Lloyd's...
Date: July 30, 2026
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ABI: UK Auto Insurers Paid £3.2 Billion to Policyholders in Second Quarter
: United Kingdom private passenger automobile insurers paid out a record £3.2 billion ($4.31 billion), 5% more than the previous quarter and 7% higher than the prior year, the Association of British Insurers said.
The avera...
Date: July 30, 2026
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Mapfre to Acquire Stake in Spanish Insurtech Tuio
: Mapfre said it will acquire a stake in Spanish insurtech Tuio in a move Mapfre said "amounts to a significant show of support for the company’s business project and underpins both its growth plans in Spain and its internation...
Date: July 30, 2026
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Scor Trims Second-Quarter Profit on Competition; Credit and Surety Among Strong Lines
: Scor SE anticipates an ongoing competitive environment in property/casualty reinsurance as the group trimmed revenue while improving the life/health segment following reforms in 2024, its chief executive officer said.
Eur...
Date: July 30, 2026
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