Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2025. The company reported net income available to shareholders of $112 million in the fourth quarter of 2025, or $1.93 per diluted share, compared with net income available to shareholders of $646 million in the fourth quarter of 2024,…
Reinsurance
ProAssurance Corporation, an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $33.4 million, or $0.64 per diluted share, and operating income of $42.4 million, or $0.82 per diluted share, for the three months ended December 31, 2025. Operating performance continues to demonstrate…
Genworth Financial, Inc. today reported results for the quarter ended December 31, 2025. The prior quarter and prior year included pre-tax reserve releases of $45 million and $56 million, respectively Pre-tax net investment income of $69 million was up from $62 million in the prior year from higher yields and higher invested assets Primary insurance…
Octave Specialty Group, Inc., a global specialty insurance firm, today reported its results for the Fourth Quarter 2025.. Claude LeBlanc, President and Chief Executive Officer, stated, "The fourth quarter of 2025 marked the end of a transformational year and the beginning of what we believe is a new era for our company. Following the sale of our legacy financial…
The U.S. property/casualty industry produced its strongest performance of the past decade in 2025, reflecting the combined benefits of improved pricing and investment income, offsetting persistent pressure on claim costs and liability-driven volatility, according to a new AM Best report. The annual Review& Preview Best’ s Market Segment Report,“ Rate…
HAMILTON, Bermuda& NEW YORK—- Ancient Financial, a newly formed financial services company, today announced that it has entered into a definitive agreement to acquire F&G Life Re Ltd., to be renamed Ancient Re Ltd., a Bermuda- based provider of life and annuity reinsurance, from a subsidiary of F&G Annuities& Life, Inc.. "We are excited to launch Ancient Financial’ s…
A New York judge has dismissed a racketeering lawsuit against lawyers accused of driving up insurance costs by faking accidents, saying the plaintiff insurance companies lacked standing to bring such a case. Roosevelt Re is an offshore reinsurer not licensed to do business in New York and Tradesman merely manages claims, the judge ruled.
AM Best will participate in a panel discussion during the Association of Insurance and Financial Analysts annual conference, which will take place March 1-3, 2026, in Naples, FL, at the Naples Grande Beach Resort. For more information on the AIFA Conference 2026, please visit here. Headquartered in the United States, the company does business in over 100…
Lincoln Financial announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’ s common stock. As of December 31, 2025, the company has $349 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial is the marketing name…
PEMBROKE, Bermuda—- Hamilton Insurance Group, Ltd. today announced financial results for the fourth quarter and full year ended December 31, 2025. Gross premiums written grew 21% to $2.9 billion, our combined ratio was 92.9%, and book value per share increased 24%. On February 18, 2026, the Company’ s Board of Directors declared a special dividend of $2.00 per…
Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended December 31, 2025. The Company reported net income attributable to stockholders of $25.3 million, or $0.51 per diluted share, compared to $21.5 million, or $0.55 per diluted share, in the prior-year period. Gross written premiums increased 30.2% to $154.0…
South Korea- based automaker Hyundai has announced plans to launch its own branded insurance carrier, joining Tesla, Honda, and GM, among others, in entering the car insurance business. In a filing with the U.S. Patent and Trademark Office, Hyundai applied for a trademark called "Hyundai Secure+," which it said was for "insurance services; underwriting and…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of RoyalStar Assurance Ltd.. Like most Caribbean domiciled insurance companies, RSA has a high dependence on reinsurance to manage capital exposure in the event of a catastrophe. While reinsurance dependence is high, RSA maintains adequate coverage through…
When I served as New Hampshire's Insurance Commissioner in 2017 and 2018, the Affordable Care Act's individual market was widely viewed as unstable. In New Hampshire, we faced a choice: chase short-term fixes or focus on structural affordability. During that period, New Hampshire began designing a state-based reinsurance program and secured federal…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of PMG Assurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect PMG’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Park Assurance Company. The ratings further reflect Park’ s sophisticated risk management strategy and practices, experienced management team and its integral role as a single-parent captive of JPMorgan Chase Holdings LLC, which is a subsidiary of JPMorgan…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Compañía Internacional de Seguros, S.A.. In 1910, CIS initiated operations as a multiline insurer and ranks among the top insurance companies in Panama based on premium market share. CIS operates through a network of brokers and office branches in several…
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…
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…
