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AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of National Grid Insurance Company Limited, a captive insurer of National Grid plc. The outlook of these Credit Ratings is stable. The ratings reflect NGICL’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating…

AM Best will participate in multiple sessions during The Insurer’ s upcoming European MGA Summit 2026, taking place 29-30 September 2026, in Paris. William Mills, senior director, market development EMEA, and Roisin Gallagher, associate director, market development, EMEA both of AM Best will also be in attendance as delegates and available for meetings.

The U.S. surplus lines market, including aggregated premiums written by Lloyd’ s syndicates and non-Lloyd’ s alien insurers, achieved an eighth consecutive year of double-digit growth, although the 10.4% year-over-year growth reflected continued premium growth moderation that has been evident in the market over the past three years, according to a new AM…

Japan's Foreign Minister Motegi Toshimitsu phoned his Iranian counterpart, Abbas Araghchi, on Sept. 8, 2026, to express concern over the de facto closure of the Strait of Hormuz. While the economic ripples over the Strait of Hormuz crisis has been felt across the world, Japan is one of the countries feeling the pain most acutely. Prior to the U.S. and Israeli strikes…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Cathay Century Insurance Company Limited. Cathay Century posted another year of double-digit growth in consolidated adjusted capital and surplus to TWD 20.3 billion at year-end 2025, buoyed by the partial retention of net profit derived from…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Rembrandt Insurance Company, Ltd., a captive insurer of Vitol Holding B.V., a group engaged in the trading of energy-related products. The outlook of these Credit Ratings is stable. Losses due to the ongoing conflict in the Middle East have been limited due to the…

An offsetting rating factor is Ethio Re’ s exposure to high levels of economic risk and very high levels of political and financial system risks in Ethiopia, where the majority of its business is sourced and all of its invested assets are located. Ethio Re has a track record of adequate operating performance, evidenced at fiscal year-end June 2025 by a…

AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of“ bb+” to Multiseguros S.U., S.A.. Partially offsetting these positive rating factors are Multiseguros’ relatively small volume of business within the Dominican Republic’s highly competitive insurance industry, its elevated underwriting leverage and tail risk.

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of La Colonial, S.A.– Compañía de Seguros. La Colonial is the fifth-largest insurance company in the Dominican Republic, with an 8.7% market share as of June 2026. The company has maintained its leading position in…

AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb”, and the Vietnam National Scale Rating of aaa.VN of Petrolimex Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect PJICO’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…

AM Best will host an insurance market briefing on the state of Canada’ s insurance industry at the Sheraton Centre Toronto Hotel on Wednesday, Sept. 23, 2026. The panel discussion will feature Brett Boadway, executive director, Canada Association of Managing General Agents; Brady DeSantis, vice president, underwriting solutions, Navacord; Paul Jackson, chief…

AM Best will join a panel discussion during the Latin America Reinsurance Group’ s 2026 Annual Meeting, which will take place Sept. 23– 26, 2026, in Guatemala City, Guatemala. De la Torre, who joined AM Best in 2018, has more than two decades of experience in the insurance and reinsurance industries, predominantly in Latin America. Headquartered in the United States,…

FOR THE PROPOSED PROJECT OF: Lead Service Line Replacement City of Washburn, North Dakota DRINKING WATER STATE REVOLVING FUND PROJECT NUMBER: 2800989-04 The North Dakota Department of Environmental Quality has reviewed the proposed Lead Service Line Replacement project for the City of Washburn in accordance with the National Environmental Policy Act.

The volume of ceded U.S. health insurance premium to the reinsurance market has grown significantly over the past decade, to USD 203 billion in 2025 from USD 59 billion in 2016, representing growth of more than 300%, according to a new AM Best report. “Underwriting margins across several U.S. health insurance segments have been under pressure, prompting insurers…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of AVLA Perú Compañía de Seguros S.A.. The ratings of AVLA Perú also recognize its affiliation and strategic importance to its ultimate parent, AVLA Bermuda Holding Corp Ltd., a financial holding company domiciled in Bermuda that is engaged in insurance…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Ping An Health Insurance Company of China, Ltd.. The ratings also reflect the implicit and explicit support that Ping An Health receives from its two major shareholders, Ping An Insurance Company of China, Ltd. and Discovery Limited, with respect to capital and…