Reinsurance

Mr. Anthony previously served on the Board of IGI Holdings Dubai Limited from 2018 until March 2020, and as a Director on the Board of International General Insurance Company Ltd, a Bermuda- based subsidiary of IGI, from January 2020 until December 2025. Andrew J. Poole, who has served as a Director of IGI and a member of its Compensation Committee since March 2020, has…

The Plateau Group, a multi-line insurance company serving financial institutions and facilitating new product programs since 1981, today announced it will operate under a new brand: Lumos Insurance. "Lumos is a new name on top of a proven foundation," said Vince Bodnar, president and chief financial officer. Founded in 1981 by a consortium of Tennessee banks to…

AM Best has assigned a Financial Strength Rating of B, a Long-Term Issuer Credit Rating of“ bb” and a Philippines National Scale Rating of a.PH to Stronghold Insurance Company, Inc.. The outlook assigned to these Credit Ratings is stable. In addition, the company has a low-to-moderate risk investment portfolio with the majority of assets allocated to cash,…

Odyssey Reinsurance Company today announced the appointment of Philip Klecan as its chief agent in Canada, effective March 27. Mr. Klecan succeeds Jean-Raymond Kingsley, who is retiring after 15 years with the Company. Odyssey Reinsurance Company is a globally diversified underwriter of property and casualty reinsurance products.

2026 MAR 13– 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“ GREAT-WEST LIFE& ANNUITY INSURANCE COMPANY” by Rachel A. Rice, representing Great-West Life& Annuity Insurance Company. This application was made available to…

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb” and the Mexico National Scale Rating of“ aa.MX” of Fianzas Avanza S.A de C.V.. The outlook of these Credit Ratings is stable. The company is Mexico- domiciled and began operations in 2017, initially underwriting fidelity insurance.

AM Best has removed from under review with developing implications and downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Ratings to“ a+” from“ aa-” of Banner Life Insurance Company and William Penn Life Insurance Company of New York collectively referred to as Banner Life Group. The ratings reflect the early stages of Banner’ s…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of KBFG Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings also reflect the wide range of support that the company receives from its parent, KB Insurance Co., Ltd., in areas including underwriting and pricing, business development,…

Advantage Capital Holdings, LLC, a New York- based insurance and financial services company with over $16 billion in assets under management, and funds managed by Oaktree Capital Management, L.P., a leader among global investment managers specializing in alternative investments, have signed a master transaction agreement in which Oaktree plans to acquire a…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Chubb Seguros de Vida Chile, S.A.. Chubb Vida Chile’ s sister company, Chubb Seguros Chile, S.A., focuses on property/casualty businesses. The company’ s operations grew in terms of premium volume, business lines and market share after its strategic alliance with…

Failing to notify insurers can result in denied claims, reduced liability coverage, higher deductibles, or even policy cancellation, according to a new Insurance Information Institute Outlook, Short-Term Rentals and Homeowners Insurance.. “It’ s important for homeowners to understand the potential for coverage gaps to arise when residential dwellings are…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Aseguradora Ancón, S.A.. The outlooks of these Credit Ratings is stable. Ancón, founded in Panama in 1990, is the eighth-largest insurer in Panama, with a market share of 3% as of November 2025.

Office of Management and Budget Director Russ Vought has indicated the Trump administration's intention to "break up" NCAR, calling it one of the main centers of "climate alarmism." But environmental security without NCAR would be like trying to run a marathon blindfolded, without coordinating our feet. The Trump Administration thinks it's in the national…

The following information was released by U.S. International Development Finance Corporation:. The U.S. International Development Finance Corporation today announced that Chubb will serve as the lead partner for DFC's $20 billion Maritime Reinsurance plan designed to resume commercial shipping in the Gulf. DFC reinsurance facility will insure losses…

2026 MAR 11– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Fresh data on Insurance are presented in a new report. According to news reporting from Gainesville, Florida, by NewsRx editors, the research stated,“ In exchange for a payment, insurance companies assume risks from policyholders. The news correspondents obtained a quote from the…

AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to“ aa-” from“ a+” of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company, collectively known as CapSpecialty Insurance Group. CapSpecialty’ s risk-adjusted capitalization, as measured by Best’ s Capital…

The following information was released by the Insurance Information Institute:. Failing to notify insurers can result in denied claims, reduced liability coverage, higher deductibles, or even policy cancellation, according to a new Insurance Information Institute Outlook, Short-Term Rentals and Homeowners Insurance. "It's important for homeowners to…

The following information was released by the Michigan House of Representatives, the Republicans:. Address: 57900 Van Dyke Ave, Washington Township. Over the past several months, I have heard from many residents who are concerned about what a hyperscale data center could mean for Washington Township, including the potential impacts on electricity demand,…

Michael Watson has joined the Board as Executive Chairman, Mark Flaherty joins as an Independent Director, and existing board member Bart Hedges has been named Lead Independent Director. “These appointments reflect where Openly is today and where we’ re headed,” said Ty Harris, CEO and Co-Founder of Openly.“ Michael, Mark, and Bart are exactly the kind of experienced,…