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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SiriusPoint Second-Quarter Net Income Rises on Premium Growth; Pull-Backs Possible
: SiriusPoint Ltd. reported net income attributable to shareholders rose to $68.6 million in the second quarter, from $59.2 million in the same period a year earlier.
Gross written premium rose 5.5% to $981.5 million in the...
Date: July 30, 2026
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Greenlight Re Gains Lloyd's Approval for Full Syndicate Status
: Greenlight Capital Re Ltd. said its Greenlight Innovation Syndicate 3456 gained in-principle approval from Lloyd’s to become a full Lloyd’s syndicate beginning Jan. 1, 2027.
Syndicate 3456, which writes Greenlight Re Inno...
Date: July 30, 2026
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AM Best Affirms Credit Ratings of QBE Insurance Group Limited’s Key Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of QBE Europe SA/NV (Belgium), QBE UK Limited (United Kingdom), QBE Capita...
Date: July 30, 2026
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Lancashire CFO: Modest Reserves Raised for Middle East, Baltimore Bridge
: Lancashire Holdings Ltd. boosted reserves for the Baltimore bridge disaster and reserved for potential Middle East losses in the first six months, but the group's chief financial officer said these losses aren't expected to b...
Date: July 29, 2026
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Swiss Re Appoints Former Guy Carpenter Exec as CEO of Australia and New Zealand
: Swiss Re appointed Benjamin Savill to succeed Trent Thomson as chief executive officer of Australia and New Zealand, effective Oct. 1, subject to regulatory approval.
Thomson moves into the role of global head specialty ...
Date: July 29, 2026
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Lancashire First-Half Profit Rises Despite Middle East, Baltimore Bridge Exposures
: Lancashire Holdings Ltd. posted higher first-half profit despite lower premium income and loss exposures to the Middle East and the Baltimore bridge disaster.
Six-month profit after tax rose to $141.7 million from $109.2 ...
Date: July 29, 2026
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AM Best Maintains Under Review With Negative Implications Status for Credit Ratings of Cowen Reinsurance S.A.
: AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Cowen Reinsurance S.A. (Cowen Re) (Luxembourg...
Date: July 29, 2026
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