The Hartford today announced financial results for the third quarter ended Sept. 30, 2026. "The Hartford delivered another quarter of strong results in an increasingly competitive market," said The Hartford’s Chairman and CEO Christopher Swift. The Hartford’s Chief Financial Officer Beth Costello said, " Business Insurance delivered a solid quarter, with 6…
Reinsurance
BELLEVUE, Wash.& NEW YORK—- Symetra Life Insurance Company, a leading provider of life, retirement and employee benefit insurance products, and Teachers Insurance and Annuity Association of America, a long-standing leader in lifetime income, today announced the launch of Mariner Re Ltd., a Class E licensed reinsurer domiciled in Bermuda. Symetra Investment…
Agam Capital, a global leader in insurance-related asset and liability analytics, is advising Empower, a leading retirement services and wealth management provider in the United States, in the development of an ALM modeling platform designed to enhance capital and risk management. Our collaboration with Agam Capital represents an important step in…
Connecticut voters will head to the polls Nov. 3 to decide who will lead the state, represent them in Washington and Hartford and make decisions in communities across Connecticut. Ned Lamont and Republican challenger Ryan Fazio to the congressional races. Explore the races below, learn about the candidates and compare their positions on the issues that matter…
Connecticut voters will head to the polls Nov. 3 to decide who will lead the state, represent them in Washington and Hartford and make decisions in communities across Connecticut. Ned Lamont and Republican challenger Ryan Fazio to the congressional races. Explore the races below, learn about the candidates and compare their positions on the issues that matter…
The Mineola Union Free School District Board of Education heard an update on the ongoing facility projects throughout the district at its Thursday, Oct. 22 meeting. In July of this year, Mineola entered a takeover agreement with Everest Reinsurance Company to complete the remaining work, which will be done by Beacon Merchants Construction at the same cost…
The recent civil unrest witnessed across France has highlighted the need for Strikes, Riots and Civil Commotion coverage to close the insurance gap from these kinds of events, according to a new AM Best commentary. Dr Mathilde Jakobsen, senior director, acting head of analytics, AM Best, and one of the commentary’ s authors, said:“ It is expected that most claims may…
Members of AM Best’ s analytic team will deliver outlook presentations on China’ s non-life insurance segment and the global and Asian reinsurance markets at the 2026 Shanghai International Reinsurance Conference, which will take place 27-30 October 2026 in Shanghai, China. The presentation will be followed by one on the global and Asia reinsurance segments,…
Selective Insurance Group, Inc. reported financial results for the third quarter ended September 30, 2026, with net income per diluted common share of $2.11 and non-GAAP operating income 1 per diluted common share of $2.37. These results reflect our disciplined underwriting approach and continued progress to improve profitability,” said John J. Marchioni,…
Universal Insurance Holdings reported third quarter 2026 results. "Subsequent to quarter end, Hurricane Isaias made landfall near Destin in the western Florida Panhandle as a Category 2 hurricane before quickly weakening as it moved inland. Net income available to common stockholders was $52.5 million, compared to net income of $39.8 million in the prior…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Maxseguros EPM Ltd.. Maxseguros, established in Bermuda in 2008, is a single-parent captive insurer wholly owned by EPM, which is owned by the Colombia municipality of Medellín. EPM is the largest power generation and multi-utility company in Colombia.
AM Best has affirmed the the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Zavarovalnica Triglav d.d., the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re, d.d., a wholly owned subsidiary of Triglav. The outlook of these Credit Ratings is stable. The ratings of Triglav reflect the company’ s balance…
Oxbridge Health, Inc. today announced that it has closed a $45 million Series B financing led by Eir Partners, with participation from Optum Ventures and a group of experienced healthcare leaders. The round brings total investment in the company to $90 million, including capital from its founders and early investors, and marks the start of full commercial…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Pozavarovalnica Sava d.d., the operating holding company of the Sava Insurance Group. The outlook of these Credit Ratings is stable. The ratings reflect Sava Re’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Gulf Insurance Group B.S.C. (c). The outlook of these Credit Ratings is stable. Nonetheless, it is exposed to elevated financial system risk stemming from its operations in Bahrain and Oman.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Compañía Reaseguradora del Ecuador S.A.. Ecua Re was established in 1977 and is the only domestic reinsurer operating in Ecuador. The company benefits from recent regulatory changes in Ecuador allowing primary insurers to cede personal lines business,…
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb+” to Aseguradora Suiza Salvadoreña, S.A. and Asesuisa Vida, S.A., Seguros de Personas. The ratings of Asesuisa and Asesuisa Vida also reflect their affiliation, since 2023, to Grupo Financiero Ficohsa, S.A., a conglomerate with operations in banking, insurance, pensions,…
Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended September 30, 2026. The Company reported net income attributable to stockholders of $14.6 million, or $0.29 per diluted share, compared to $22.7 million, or $0.45 per diluted share, in the prior-year period. Gross written premiums increased 14.7% to…
The Minnesota Star Tribune is exploring the top issues in the governor’ s race with a series of articles this week that look at where the candidates stand. Minnesota House Speaker Lisa Demuth, the GOP nominee for governor, has not released a health care plan, but her campaign has pointed to her support for the state’ s reinsurance program, which reimburses health…
