Reinsurance

Primerica, Inc. reported financial results for the quarter ended September 30, 2026. "In the third quarter, Primerica’ s financial performance underscored the consistency of our business fundamentals, driven by our unique operating model that is purpose-built to help middle-income families achieve financial security," said Glenn Williams, Chief Executive…

Genworth Financial, Inc. today reported results for the quarter ended September 30, 2026. Net loss was driven by Closed Block, partially offset by Enact Net investment income, net of taxes, was $603 million in the quarter, down from $660 million in the prior quarter and $631 million in the prior year primarily from lower income from limited partnerships and U.S….

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Knighthead Annuity& Life Assurance Company and its affiliate Merit Life Insurance Co.. In addition, AM Best has a assigned a Long-Term Issue Credit Rating of“ bbb” to the newly issued $75 million, 8.5% surplus notes, due 2046, issued by Knighthead Annuity.

AM Best has revised the implications of the under review status to developing from negative for the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Premia Reinsurance Europe S.A.. The revision in implications of the under review status to developing from negative follows the announcement of the acquisition of Premia Re Europe…

To make it concrete, Triple-I created a multifaceted, research-driven campaign designed to identify the messages which resonate with consumers, use them to build public awareness, and turn this awareness into direct outreach to state lawmakers. Triple-I remains committed to educating lawmakers and the public about the high cost of legal system abuse,…

Unum Group today reported a net loss of $419.7 million for the third quarter of 2026, compared to net income of $39.7 million for the third quarter of 2025.. Included in net loss for the third quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $853.0 million, primarily related to impairment losses recognized as a result…

Results for the Quarters and Nine Months ended September 30, 2026 and 2025. The Company generated net income for the quarters ended September 30, 2026 and 2025 of $28.0 million and $33.5 million, respectively, and for the nine months ended September 30, 2026 and 2025 of $70.5 million and $94.9 million, respectively. These results reflected profitable…

PEMBROKE, Bermuda—- Premia Holdings Ltd. has completed the acquisition of Ramius Enterprise Luxembourg Holdco S. à r.l. and its subsidiaries, including property and casualty reinsurer Cowen Reinsurance S.A.. Cowen Reinsurance has been renamed Premia Reinsurance Europe S.A.. Premia is a leading provider of risk transfer solutions focused on legacy risks,…

Bowhead Specialty Holdings Inc., a specialty lines insurance group focused on providing casualty, professional liability and healthcare liability insurance products, delivered through complementary“ craft” and“ digital” underwriting models, today announced financial results for the third quarter ended September 30, 2026. Gross written premiums…

Equitable Holdings, Inc. today announced financial results for the third quarter ended September 30, 2026. Organic growth was strong across each of our businesses, highlighted by $1.1 billion of net inflows in Retirement, $2.7 billion of advisory net inflows in Wealth Management and $6.6 billion of net inflows for AllianceBernstein. Net income…

Corebridge Financial, Inc. today reported financial results for the third quarter ended September 30, 2026. Net income available to common shareholders was $1.4 billion, compared to $144 million in the prior year quarter. The company completed its annual actuarial assumption update during the quarter which increased pre-tax income by $2 million in the…

Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., today announced that its principal subsidiary, Protective Life Insurance Company, has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates from funds advised by Genstar Capital. This press release features multimedia. “Obsidian brings Protective into an…

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-“ from“ bbb+” of Patria Re, Inc.. The ratings also reflect the support received from its sister company, Reaseguradora Patria, S.A., the lead company of the Peña Verde group and a well-known reinsurer in Latin America. Patria US is considered a new company formation…

AM Best has affirmed the Financial Strength Rating of A, the Long-Term Issuer Credit Rating of“ a” and the Mexico National Scale Rating of“ aaa.MX” of Reaseguradora Patria, S.A.. Patria Re is Mexico’s only locally registered reinsurer, founded in 1953. The company has strong positioning in Mexico and in other Latin America markets, which allows it to accept…

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb+” to Balboa Reinsurance, Ltd.. The company’ s affiliation with Seguros e Inversiones, S.A. with the guarantee it provides, give synergy and highlights the importance of the company to the group. The business of Banitsmo has proven to be profitable presenting proven…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of R.V.I. Guaranty Co., Ltd., and its subsidiary, R.V.I. America Insurance Company. The outlook of these Credit Ratings is stable. RVI is affiliated with Group 1001 Insurance Holdings, LLC, which recently has been the subject of a federal regulatory investigation…

Starr Chile is an affiliate of Starr International Group, which on a consolidated basis has a balance sheet strength that AM Best assesses as strongest, as well as adequate operating performance, favorable business profile and appropriate enterprise risk management. Starr Chile is a property/casualty insurer, established in Santiago, Chile, in 2016, as part…

U.S. tort costs nearly doubled between 2014 and 2023, rising from $299.7 billion to $579.7 billion and significantly outpacing economic growth, according to a new report by the Insurance Information Institute. The analysis draws on the U.S. Chamber Institute for Legal Reform’s 2026 report, International Tort Costs: A Comparative Analysis of the United…

California’ s insurance commissioner and other experts warn that eliminating the ability of insurers to recover money after utility-caused wildfires could destabilize the state’ s fragile market for homeowner coverage. “We’ re in a very shaky, shaky place right now,” said Nancy Watkins, a consulting actuary at Milliman, during a joint hearing Thursday of the…