The ratings also reflect the parental support CTBC Insurance receives from its intermediate parent, Taiwan Life Insurance Company Limited, as well as its ultimate parent, CTBC Financial Holding Co., Ltd, in terms of capital, business development and risk management. The outlook revision to positive from stable reflects AM Best’ s expectation that CTBC…
Reinsurance
Both companies are domiciled in Brazil. Junto Re is classified as a local reinsurer in Brazil and mainly operates as a captive reinsurer for Junto Seg, an organization that has been writing surety directly for more than two decades. Junto Seg is the market-facing company of the group and the leading surety writer in Brazil.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Stellar Insurance, Ltd., an indirectly wholly owned subsidiary of the Saudi Arabian Oil Company. The outlook of these Credit Ratings is stable. The ratings reflect Stellar’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong…
Fortitude Reinsurance Company Ltd., today announced a $200,000 donation to the Cumberland River Compact through its Fortitude Re 4 Good community partnership program. The donation was presented during a volunteer tree planting event at Cane Ridge High School. James West, Chief Actuary, Fortitude Re and Cumberland River Compact Board Member is joined by…
IGI is an international specialty risks commercial insurer and reinsurer underwriting a diverse portfolio of specialty lines. Established in 2001, IGI has a worldwide portfolio of energy, property, general aviation, construction& engineering, ports& terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general…
According to the Best’ s Market Segment Report,“ Market Segment Outlook: Delegated Underwriting Authority Enterprises,” the segment’ s growth drivers— strong capacity, diverse capital sources, growing niche expertise and investment in talent and technology— will continue, but with a moderating impact amid selective capacity, tighter economics at renewals and…
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” for the members of IFG Companies.. These ratings reflect IFG’ s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate…
Arch Mortgage Insurance Company announced it has obtained over $249 million of indemnity reinsurance on a pool representing approximately $54.2 billion of mortgages from Bellemeade Re 2025-1 Ltd., a special purpose reinsurer. This transaction largely covers a portfolio of MI policies issued by Arch MI and affiliates primarily from July 2024 through…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Fubon Insurance Co., Ltd.. This exposure remains sizeable relative to the company’ s capital position, which is equivalent to 17% of the consolidated reported capital and surplus as of the 30 September 2025.
2025 NOV 12– By a News Reporter-Staff News Editor at Health Policy and Law Daily– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ G GALLAGHER INSURANCE RISK MANAGEMENT CONSULTING” by Julia M. Chester SIDLEY AUSTIN LLP, representing Arthur J. Gallagher& Co. This application was made…
Accelerant Holdings, a leading technology company operating a data-driven risk exchange platform for the specialty insurance market, today announced financial results for the third quarter ended September 30, 2025. “We delivered a strong third quarter, reflecting the continued momentum across our platform,” said Jeff Radke, Co-Founder and CEO.“ We exceeded…
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, today reported revenue of $44.4 million for the third quarter of 2025, up 31.2% from the third quarter of 2024. The Company reported net income of $11.5 million and Adjusted EBITDA of $26.7 million. Third quarter Revenue growth of 31% to $44.4 million Third quarter net income…
KBRA releases research discussing the uncertainty surrounding the future of the Federal Emergency Management Agency’s role in disaster recovery efforts, as well as the potential impacts to U.S. state and local governments and the insurance industry. FEMA has been the subject of numerous reports citing shortcomings in response timeliness, staffing…
A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has received recognition from two distinguished communications awards programs: the MarCom Awards and the Ragan Communications Zenith Awards.. Triple-I recognized the legal system abuse challenges that have been plaguing Georgia for far…
Sallie Mae, the leader in private student lending, has announced a multi-year strategic partnership with KKR, a leading global investment firm. Sallie Mae will maintain the relationships with customers and retain servicing for loans sold to KKR and will earn ongoing fees from KKR for providing servicing, program management, and industry expertise.
BCG Pension Risk Consultants| BCG Penbridge today released a special report tracing the U.S. pension risk transfer market’ s 50- year evolution from its origins to the present day. “This timeline is more than a chronology of the U.S. PRT market,” said Keating.“ It documents how regulatory frameworks, fiduciary thinking, and market dynamics have matured over five…
A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has received recognition from two distinguished communications awards programs: the MarCom Awards and the Ragan Communications Zenith Awards. Triple-I recognized the legal system abuse challenges that have been plaguing Georgia for far…
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…
Selective Insurance Announces Vincent Senia’s Retirement as Executive Vice President & Chief Actuary
Selective Insurance Group, Inc., today announced the planned retirement of Vincent Senia, Executive Vice President, Chief Actuary, effective January 2026. Mr. Senia joined Selective in 2010 as Senior Vice President, Actuarial Reserving, and he is a member of the American Academy of Actuaries and a Fellow of the Casualty Actuarial Society. Selective Insurance…
