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Considering the softening market conditions, Kanika Thukral, associate director and one of the report authors, noted,“ Many captives have high levels of reinsurance dependence in order to offer the large limits required by their parent companies. At the same time, the European Commission’s review of Solvency II is nearing completion. Headquartered in the…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Arab War Risks Insurance Syndicate. The outlook of these Credit Ratings is stable. Given the nature of AWRIS’ operations and membership structure as a syndicate of insurance companies in the Middle East and North Africa region, the permanence of capital is…

Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, published new in-depth research quantifying the mortality and morbidity impacts of incretin-based therapies, including GLP-1s, approved as anti-obesity medications and diabetes treatments. Key findings are published in the full report,“ Weighing the Evidence: A…

2025 NOV 10– 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“ RELIANCE MATRIX” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company. This application was made available to the…

Ambac Financial Group, Inc., an insurance holding company, today reported its results for the Third Quarter 2025.. Claude LeBlanc, President and Chief Executive Officer, stated, "Having successfully completed the sale of our legacy financial guarantee business in late September, our sole focus is now on the growth and profitability of our specialty P&C…

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to NPA Insurance Limited. NPAI is a subsidiary of the National Pharmacy Association Limited and its core business relates to insurance products offered to pharmacies across the UK. Although the company is a small player in the UK insurance market and faces strong…

According to the Best’ s Market Segment Report,“ Reciprocal Insurance Exchanges Represent a Unique and Collaborative Structure,” reciprocals’ capital structure and unique operating characteristics have helped them gain popularity in catastrophe-prone states such as Florida and Louisiana, which have faced numerous weather-related challenges and…

Brighthouse Financial, Inc. announced today its financial results for the third quarter ended September 30, 2025. The company reported net income available to shareholders of $453 million in the third quarter of 2025, or $7.89 per diluted share, compared with net income available to shareholders of $150 million in the third quarter of 2024, or $2.47 per…

Assured Guaranty Ltd. announced today its financial results for the three-month period ended September 30, 2025. Year-to-date through September 30, 2025, Assured Guaranty has earned net income of $7.73 per share, 20% higher than in last year’ s comparable period, and adjusted operating income of $6.77 per share, up 17%. Our three financial guaranty businesses–…

AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of“ bbb-” to Zhibao Labuan Reinsurance Company Limited. Zhibao Re is wholly owned by its ultimate parent, Zhibao Technology Inc., a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating…

MetLife, Inc. today announced that John McCallion, executive vice president and chief financial officer, and head of MetLife Investment Management, has provided a third quarter 2025 financial update video. About MetLife MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance,…

MetLife, Inc. today announced its third quarter 2025 results. MetLife reported third quarter 2025 premiums, fees and other revenues of $12.5 billion, flat compared with the prior year quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were $12.5 billion, up 4 percent.

Porch Group, Inc., a new kind of homeowners insurance company, today reported third quarter results through September 30, 2025, that exceeded expectations. Net income attributable to Porch was$ million, and Adjusted EBITDA was $20.6 million, an increase of $3.7 million compared to prior year 2. “We’ re proud to report another strong quarter— one in which we delivered…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Lancashire Insurance Company Limited and Lancashire Insurance Company Limited. Additionally, AM Best has affirmed the Long-Term ICR of“ bbb+” of the parent company, Lancashire Holdings Limited. The outlook of these Credit Ratings is stable.

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of AzRe Reinsurance, OJSC. The company continued to reduce its investment concentration in Azerbaijan by shifting its portfolio toward foreign fixed income securities, which accounted for 42% of total invested assets at the end of August 2025.

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of HDFC International Life and Re Company Limited, a subsidiary of HDFC Life Insurance Company Limited, which in turn is majority held by HDFC Bank Limited. The outlook of these Credit Ratings is stable. The ratings reflect HDFC’ s balance sheet strength, which AM…

Your Excellencies former heads of states and former vice presidents from Africa and the Caribbean here present. Badr Ahmed Mohamed Abdelatty, Minister of Foreign Affairs of the Arab Republic of Egypt. Honourable Ministers, Governors of Central Banks and other government officials from Africa and the Caribbean.