Aon: Severe Storms Likely Leave Hundreds of Millions of Dollars of Losses on Three Continents
: Insurers in the United States, Europe and Australia each incurred what is likely to be hundreds of millions of dollars of losses from late May and early June severe storms, according to Aon.
In Denver, golf ball-size hail...
Date: June 5, 2026
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Howard Hughes Holdings Completes $2.1 Billion Vantage Acquisition
: Howard Hughes Holdings Inc. has completed its $2.1 billion acquisition of specialty insurer and reinsurer Vantage Group Holdings Ltd.
With the closing, HHH is infusing $200 million of capital in Vantage, the carrier said ...
Date: June 5, 2026
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AM Best Affirms Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Aetna Life Insurance Company (ALIC) (Hartford, CT) and the other members ...
Date: June 5, 2026
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AM Best Assigns Issue Credit Rating to Chubb INA Holdings LLC’s Senior Unsecured Notes
: AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to Chubb INA Holdings LLC’s (Chubb) (Delaware) recently announced CAD 800 million issuance of senior unsecured notes in the Canadian market in two tranc...
Date: June 5, 2026
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AM Best Affirms Credit Ratings of Associated Electric & Gas Insurance Services Limited
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS) (Hamilton, Bermuda). The outlook o...
Date: June 5, 2026
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AM Best Withdraws Credit Ratings of Middle East Insurance Company Plc
: AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Middle East Insurance Company Plc (MEICO) (Jordan). The outlook of these Credit Ratings (ratings) is sta...
Date: June 5, 2026
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AM Best Affirms Credit Ratings of Mitsui Sumitomo Insurance Company, Limited and Aioi Nissay Dowa Insurance Company Limited; Assigns Credit Ratings to MSIG Specialty Insurance America, Inc.
: 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 Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan) and its subsidia...
Date: June 5, 2026
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AM Best Affirms Credit Ratings of Victoria Insurance Company JSC
: AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Victoria Insurance Company JSC (Victoria) (Kazakhstan). The outlook of these Credit Ratings (ratings) ...
Date: June 5, 2026
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AM Best Affirms Credit Ratings of North End Re Ltd.
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of North End Re Ltd. (Bermuda). The outlook of these Credit Ratings (ratings) is stable.
The ...
Date: June 4, 2026
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Fidelis Launches Global Political Violence, Terrorism Risk Consortium
: The Fidelis Partnership said it launched a political violence and terrorism consortium offering up to $345 million of coverage per risk worldwide and $47.5 million of coverage in the Middle East.
The consortium brings Llo...
Date: June 4, 2026
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Zurich Expands Data Center Insurance Business Amid Rising Demand
: Zurich Insurance Group said it is expanding its data center construction insurance program to new countries including Brazil, Germany, Italy, the Nordics and Spain in response to rising demand.
The growing worldwide deman...
Date: June 4, 2026
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Aon Appoints Chief Claims Officer for EMEA
: Aon plc has appointed José María Navas as chief claims officer for Europe, Middle East and Africa, effective immediately.
Navas will lead the firm’s claims organization across EMEA, overseeing strategy, advocacy and clai...
Date: June 4, 2026
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Munich Re Appoints Heads of Cyber-Asia, Cyber Australasia, Greater China & Africa
: Munich Re’s cyber business in Asia-Pacific and Africa will be led by a newly appointed management team. Marco Petrovic will be heading cyber-Asia, excluding China. Johanna Roman will lead the business in Australasia, Greater ...
Date: June 4, 2026
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AM Best Affirms Credit Ratings of N.V. Univé Her
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of N.V. Univé Her (Univé Her) (Netherlands), a wholly owned subsidiary of Coöperatie Univé U.A. (Un...
Date: June 4, 2026
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AM Best Affirms Credit Ratings of Damaan Islamic Insurance Company ‘BEEMA’ (Q.P.S.C.)
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Damaan Islamic Insurance Company ‘BEEMA’ (Q.P.S.C.) (Beema) (Qatar). The outlook of these Cred...
Date: June 4, 2026
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AM Best Assigns Credit Ratings to KFH 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 KFH Takaful Insurance Company K.S.C. (Closed) (KFH Takaful) (Kuwait). The outlook assigned to thes...
Date: June 4, 2026
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Best's Review Features Catastrophe-Focused MGAs and Emerging Cyberrisks
: The June issue of Best’s Review examines the latest in catastrophe coverage:
“Catastrophe-Focused MGAs Filling Bigger Space in Property Catastrophe Market” looks at the growing role of managing general agents in provid...
Date: June 4, 2026
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Best's Market Segment Report: AM Best Maintains Stable Outlook on Spain's Non-Life Insurance Segment
: AM Best has maintained its stable outlook on Spain’s non-life insurance segment, noting that while the segment continues to grow profitably, rising claims costs could narrow margins.
In its new Best’s Market Segment Report,...
Date: June 4, 2026
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USQRisk Promotes Co-Founder to President
: USQRisk, a managing general underwriter within Ryan Alternative Risk, a division of Ryan Specialty, has promoted Chris Giuffre to president of USQRisk effective immediately. With this promotion, Michael Zipper relinquishes th...
Date: June 3, 2026
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WTW Approved for Dubai Investment Management Business
: WTW said it received a license approval from the Dubai Financial Services Authority for an investment management operation as the broker expands in the Middle East.
The approval allows the broker to operate as WTW Investm...
Date: June 3, 2026
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