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AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of European Liability Insurance for the Nuclear Industry. The outlook of these Credit Ratings is stable. The ratings reflect ELINI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business…

The balance sheet strength assessment also considers Kenya Re’ s exposure to elevated levels of economic, political and financial system risks, which are associated with its core markets, as well as its concentration to Kenya, where 90% of its invested assets are located. Kenya Re has a track record of adequate operating performance, evidenced by…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of the European Mutual Association for Nuclear Insurance. The outlook of these Credit Ratings is stable. The ratings reflect Emani’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business…

More than 20 states have enacted laws regulating third-party litigation funding disclosure, according to a new members-only Issues Brief from the Insurance Information Institute. State of the Issue: Third-Party Litigation Funding examines why lawmakers are acting and how litigation finance negatively impacts insurance costs. “Litigation funding has…

Counterpart, the AI-native insurance platform providing management and professional liability solutions to small businesses, has been named a 2026 Inc. Power Partner Awards winner. Past honorees include Anthropic, BILL and Acumatica. “Business owners have no shortage of tools at their disposal, and B2B companies need to make clear why their products and…

W. R. Berkley Corporation today reported its third quarter 2026 results. Return on equity of 18.4% and operating return on equity of 18.8%. Pre-tax underwriting income for the Insurance segment grew 10.6% to $237.7 million. Net investment income grew to $383.5 million driven by core portfolio increase of 12.0%. Gross and net premiums written for the Insurance…

Arch Reinsurance Group today announced that Matthew Dragonetti, President of Arch Re Ltd., will retire effective March 2027, following a 25- year tenure with the company. “Matt has been an important part of Arch’ s success over the past 25 years, and we are incredibly grateful for his leadership and contributions,” said Jerome Halgan, CEO of Arch Global Reinsurance…

AM Best will host its annual market briefing on the state of the insurance industry in conjunction with the American Property Casualty Insurers Association’ s Annual Meeting, on Monday, Nov. 2, 2026, from 2-3 p.m. EST at the Boston Marriott Copley Place in Boston, MA.. Registration for AM Best’ s“ Insurance Market Briefing– APCIA,” which will be held in the Sutton Room at…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of China Taiping Insurance Pte. Ltd.. The outlook of these Credit Ratings is stable. CTPIS is a wholly owned subsidiary of China Taiping Insurance Holdings Company Limited, which is ultimately majority owned by China Taiping Insurance Group Ltd., a China…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Zenith Insurance Company and ZNAT Insurance Company. These companies comprise Zenith National Insurance Group and are domiciled in Woodland Hills, CA.. Zenith continues to be focused on workers’ compensation in California, and more recently has used this…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Luen Fung Hang Insurance Company Limited. The outlook of these Credit Ratings is stable. With the uneven local economic recovery and a limited growth non-life insurance market in Macau, the company’ s gross premiums written were largely flat in recent years.

The Travelers Companies, Inc. today reported net income of $1.917 billion, or $9.04 per diluted share, for the quarter ended September 30, 2026, compared to $1.888 billion, or $8.24 per diluted share, in the prior year quarter. Core income in the current quarter was $1.947 billion, or $9.18 per diluted share, compared to $1.867 billion, or $8.14 per diluted share, in…

2026 OCT 15– 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“ ANSUR AMERICA” by Lindsey M. Mead Foster Swift Collins& Smith, representing Frankenmuth Mutual Insurance Company. This application was made available to the…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Taiping Reinsurance Company Limited and its wholly owned subsidiary, Taiping Reinsurance Company Ltd.. The outlook of these Credit Ratings is stable. The reinsurer’ s net profit grew to HKD 1.3 billion, driven by both insurance service results and investment…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Al Dhafra Insurance Company P.S.C.. The outlook of these Credit Ratings is stable. The company’ s recent performance has improved on account of higher‘ other underwriting income,’ which is mainly comprised of fees charged for miscellaneous services and the…

The U.S. property/casualty insurance industry is maintaining steady underwriting performance following several years of economic and underwriting volatility, with favorable results expected to continue in 2026, according to the latest members-only webinar Insurance Economics and Underwriting Projections: A Forward View from the Insurance…