Hammurabi, a division of accident and health managing general underwriter Xchange Benefits LLC, a subsidiary of Octave Specialty Group, Inc., has unveiled an artificial intelligence platform that fundamentally transforms how medical stop loss insurance is underwritten, replacing a traditionally labor-intensive process with near-instant risk…
Reinsurance
For the fourth quarter ended December 31, 2025, iA Financial Group recorded core diluted earnings per common share†† of $3.10, which is 2% higher than the same period in 2024. The solvency ratio 5 was 133% 6 at December 31, 2025, highlighting a robust capital position. “Our strong and profitable growth across all business segments in the fourth quarter— including…
The following information was released by the Insurance Information Institute:. Deadly floods swept across the United States in 2025 at an unprecedented pace, underscoring the growing risk of inland and flash flooding and the critical importance of adequate flood insurance, according to the Insurance Information Institute's latest issues brief, Flood…
2026 FEB 16– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ SWISS RE INSTITUTE” by James R Menker Holley& Menker, PA, representing Swiss Re Ltd. This application was made available to the public on February 04, 2026.
AM Best has commented that the Credit Ratings of Cavello Bay Reinsurance Limited, a subsidiary of Enstar Group Limited, are unchanged following Enstar’ s announcement that it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. from Blue Cross Blue Shield of Michigan. Once the acquisition is…
Shares of Chubb Limited (NYSE: CB) traded at a new 52-week high today and are currently trading at $326.98. So far today, approximately 154.83k shares have been exchanged, as compared to an average 30-day volume of 1.81M shares. Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers […]
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a+” to AXIS Specialty Insurance Limited, a subsidiary of AXIS Capital Holdings Limited. The ratings of ASIL also reflect the company’ s role as an internal reinsurer of affiliated businesses, and the reinsurance, liquidity and other implicit support provided to other…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of RGA Reinsurance Company, RGA Americas Reinsurance Company Ltd, RGA Life Reinsurance Company of Canada, Aurora National Life Assurance Company and RGA Life and Annuity Insurance Company. These companies are subsidiaries of Reinsurance Group of America,…
AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’ s credit risk transfer programs— Freddie Mac’ s Agency Credit Insurance Structure and Fannie Mae’ s Credit Insurance Risk Transfer. The calculations for each transaction are based on AM Best’ s factor-based…
Lincoln Financial today reported financial results for the fourth quarter and full year ended December 31, 2025. Strong fourth quarter performance capped a year of sustained momentum, with balanced growth and broad-based execution across all business segments. Fourth quarter net income available to common stockholders was $745 million, or $3.80 per…
Porch Group, Inc., a new kind of homeowners insurance company, today reported fourth quarter and full-year results through December 31, 2025, that exceeded our expectations. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $23.5 million. In January 2025, the Porch Reciprocal Exchange was formed as an insurance entity owned by its…
The Insurance Information Institute recently launched two comprehensive awareness campaigns in Los Angeles, California, and Cook County, Illinois, raising awareness about the devastating impacts of legal system abuse on the respective states’ economies. “As we continue to be inundated across the U.S. by the likes of billboard attorneys preying on…
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Momentum Life Limited. In addition, the ratings factor in the neutral impact from the company’ s 100% owners, DCG Invest Limited, a New Zealand domiciled investment holding company.
The Insurance Information Institute recently launched two comprehensive awareness campaigns in Los Angeles, California, and Cook County, Illinois, raising awareness about the devastating impacts of legal system abuse on the respective states' economies. "As we continue to be inundated across the U.S. by the likes of billboard attorneys preying on…
AM Best will sponsor and exhibit at Aon’ s Florida Insurance Conference, which will take place Feb. 9-11, 2026, at the Loews Coral Gables Hotel in Coral Gables, Florida. Todd Burrows, senior account manager, AM Best, will be in attendance and available to discuss Best’ s Credit Ratings, Best’ s Performance Assessments for Delegated Underwriting Authority Enterprises…
Reinsurance costs and capacity constraints have moderated for Caribbean insurers amid an accelerated softening in property reinsurance pricing and a modest relaxation in some terms and conditions, according to a new AM Best report. These factors have contributed to favorable results being reported by most Caribbean insurers, with rate increases also…
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Orion Reinsurance Ltd.. Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a class III insurer without restrictions of any kind in its class. As of December 2024, 40% of the company’ s gross written premium was…
“With roots dating back to the 1600 s, Lloyd’ s has evolved into a global marketplace to assist as well as regulate the transferring of complex risks,” said Sean Kevelighan, chief executive officer, Triple-I.“ Its unique model connects global capital with risk, helping U.S. businesses, communities, and insurers manage exposures that might otherwise be difficult to…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of RF&G Insurance Company Limited. The ratings of RF&G were placed under review with negative implications on September 22, 2023, following the company’ s 100% acquisition of M&C General Insurance Company Limited from Minvielle& Chastanet Limited, a wholly…
