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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Swiss Re Chief Economist: Re-Industrialization Brings Opportunities to P/C Insurers : Jérôme Jean Haegeli, group chief economist, Swiss Re, said data centers, infrastructure and supply-chain issues are opportunities for P/C insurers. Haegeli spoke with AM Best TV at AM Best's Europe Insurance Market & Methodol...
Date: November 26, 2025
Crowe Partner: Climate Risk Models Fall Short on Transition, Litigation Risks : Alex Hindson, partner and head of sustainability, Crowe UK, said models for transition and litigation risks don't exist, forcing reliance on scenario analysis. Hindson spoke with AM Best TV at AM Best's Europe Insurance Marke...
Date: November 26, 2025
Marsh UK Appoints Successor to Retiring CEO : Marsh, a business of Marsh McLennan, appointed James Addington-Smith to succeed Chris Lay as chief executive officer of Marsh UK, effective early 2026, subject to regulatory approval. Lay will retire from the firm in the ...
Date: November 26, 2025
AM Best: Insurers Adjust Investment Strategies to Navigate Interest Rate Uncertainty : Tim Prince and Eli Sanchez, both directors of analytics at AM Best, said rated insurers are rebalancing investment portfolios. They spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London. ...
Date: November 26, 2025
AM Best: Insurance Credit Quality Improves for Second Year : Greg Carter, managing director, analytics, AM Best, said higher interest rates helped insurers' investment returns and profit retention. Carter spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefing...
Date: November 26, 2025
K2 Rubicon Launches $50 Million Ukraine Marine War Facility : K2 Rubicon Specialty launched a $50 million marine war-on-land facility to provide Lloyd's capacity in Ukraine. Called Sentinel, the import facility "is a data-driven solution led by QBE and supported by a panel of Lloyd'...
Date: November 26, 2025
Africa Specialty Risks Launches Lloyd's Syndicate for Southern Africa Markets : Africa Specialty Risks said it launched Lloyd's Syndicate 2454 to underwrite risks in South Africa and neighboring countries. The syndicate will provide capacity to local market across bespoke specialty lines, ASR said in...
Date: November 26, 2025
Financial Stability Board Adds Four Firms to Insurer Resolution Standards List : The Financial Stability Board added three Switzerland-based companies and a Netherlands insurer to its list of insurers subject to resolution planning standards. The list now includes 17 insurers, up from 13 a year ago, t...
Date: November 26, 2025
AM Best Upgrades Issuer Credit Rating of Group Ark Insurance Limited : AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Group Ark Insurance Limited (GAIL) (Bermuda...
Date: November 26, 2025
QBE Re Appoints Axa XL Exec as Global Head of Structured Reinsurance : QBE Re appointed Robert Turner as global head of structured reinsurance as part of the global reinsurer’s strategy to expand into structured reinsurance. Turner will drive broker and cedent engagement, ensuring QBE Re ca...
Date: November 25, 2025
Vienna Insurance Group Profit Rises 31%; Nürnberger Combination Set for 2026 : Vienna Insurance Group posted higher nine-month pretax profit on growth and lower weather-related losses as the group reported progress in its acquisition of Germany's Nürnberger Beteiligungs AG. The group is expecting "a...
Date: November 25, 2025
AM Best Affirms Credit Ratings of Saturn Insurance Inc. : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Saturn Insurance Inc. (Saturn) (Burlington, VT). Saturn is a captive insurer of BP p.l.c. (bp)...
Date: November 25, 2025
TFP's Pine Walk Launches Alternative Risk Transfer MGA Carnovis Specialty : Managing general agent platform Pine Walk Capital Ltd., a wholly owned subsidiary of The Fidelis Partnership, will launch a new MGA focused on alternative risk transfer. Carnovis Specialty Ltd. will begin underwriting nex...
Date: November 25, 2025
Beazley Funds $500 Million Bermuda Buildout as Nine-Month Rates Decline : Beazley plc reported higher premiums for the first nine months, but rates fell on renewal business as the group said it will deploy $500 million to build out its new Bermuda platform to support growth from 2026 onward. Am...
Date: November 25, 2025
AM Best Assigns Credit Ratings to American International Reinsurance Global, Ltd. : AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to American International Reinsurance Global, Ltd. (AIRG) (Bermuda), a subsidiary of American Internat...
Date: November 25, 2025
Liberty Specialty Markets Appoints Head of Cyber & Tech E&O, Europe : Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Oliver Delvos to succeed Jelmer Andela as head of cyber and tech errors and omissions, Europe, effective Dec.1. Delvos will be responsible ...
Date: November 24, 2025
Apollo Names Successor to Retiring Head of Marine, Energy and Transportation : Apollo has promoted Martin Jackson to succeed Simon Mason as head of marine, energy and transportation effective Jan. 1, 2026. Mason has announced his decision to retire, but he will remain available to support the busin...
Date: November 24, 2025
Former AIG EVP-Chief Risk Officer Dies : American International Group announced Tom Bolt, previously executive vice president and chief risk officer, has died. Bolt was in his late 60s. AIG posted about Bolt's passing on its LinkedIn page. Bolt worked in the i...
Date: November 24, 2025
AM Best Affirms Credit Ratings of Markel Group Inc. and Its Subsidiaries : AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Markel Group Inc. (Markel) (Glen Allen, VA). AM Best also has affirmed the Fina...
Date: November 21, 2025
AM Best Affirms Credit Ratings of Castle Harbour Insurance Limited and Harrington Sound Insurance Limited : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Castle Harbour Insurance Limited (Castle Harbour) and Harrington Sound Insurance Limited (Harr...
Date: November 21, 2025