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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hanwha General Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect HGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and…

Selective Insurance Group, Inc. reported financial results for the second quarter ended June 30, 2026, with net income per diluted common share of $2.11 and non-GAAP operating income 1 per diluted common share of $1.95. Net investment income increased 18% from a year ago, to $119 million after-tax, generating 13.9 points of annualized ROE in the quarter.

Universal Insurance Holdings reported second quarter 2026 results. Strong retention and new business generation resulted in 4.1% direct premiums written growth, including growth in Florida and across our multi-state footprint.”. Thanks to the efforts of the Governor, the Legislature, and the OIR, the Florida homeowners insurance market has stabilized and…

The Hartford today announced financial results for the second quarter ended June 30, 2026. In Personal Insurance, the underlying combined ratio improved 1.7 points, while growth was impacted by a competitive market. Second quarter 2026 net income available to common stockholders of $1.3 billion, or $4.68 per diluted share, improved from $990 million in…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Top Layer Reinsurance Ltd.. These ratings continue to reflect the substantial amount of support Top Layer receives from its co-owners, State Farm Mutual Automobile Insurance Company, currently with an FSR of A+ and a Long-Term ICR of“ aa”, and Renaissance…

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 Bao Viet Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings also factor in rating enhancement from BVGI’ s parent, Bao Viet Holdings, a major finance and insurance group in Vietnam.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of United Overseas Insurance Limited. In addition, UOI’ s ratings factor in rating enhancement from the company’ s ultimate majority ownership by, and importance to, United Overseas Bank Limited, a leading banking corporation in Asia. UOI’ s disciplined…

AM Best also has affirmed the Long-Term ICR of“ a” of Munich Re America Corporation. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings of American Alternative Insurance Corporation and The Princeton Excess and Surplus Lines Insurance Company. In addition, AM Best has withdrawn the rating of Munich Re America Corporation as the company has…

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Farm Mutual Reinsurance Plan Inc.. The outlook of these Credit Ratings has been revised to stable from positive. Established in 1959, Farm Mutual Re is the exclusive reinsurer for 42 members in Canada and accepts each insurer’ s entire…

2026 JUL 22– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Managed Care are presented in a new report. According to news reporting from Ithaca, New York, by NewsRx journalists, research stated,“ The Inflation Reduction Act of 2022 altered the financing of prescription drug purchases for more than fifty-five million Medicare…

AMERISAFE, Inc., a specialty provider of workers’ compensation insurance focused on high-hazard industries, today announced results for the second quarter ended June 30, 2026. Net investment income decreased 2.4% to $6.5 million for the quarter, driven by lower average investable assets compared to the prior-year period, primarily due to capital returned…

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Epsilon Reinsurance Company Ltd.. Epsilon Re is owned by Panama-domiciled Bardigiano Corp., a pure holding company. Since 2024, the company initiated its internationalization process, incorporating operations in Colombia and Dubai.

Odyssey Group Holdings, Inc. today announced leadership changes at its U.S. insurance subsidiary, Hudson Insurance Group. After more than two decades with the Company, Chris Gallagher has decided to retire from Hudson, effective October 1, 2026, to pursue other career opportunities. As part of Hudson’ s succession plan, Trevor Howard will be appointed chief…

2026 JUL 20– 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“ SCOR GLOBAL LIFE, LIFE IS PRECIOUS” by James W. Dabney Hughes Hubbard& Reed LLP, representing Scor Se. This application was made available to the public on July 03,…

2026 JUL 20– By a News Reporter-Staff News Editor at Disease Prevention Daily– Current study results on Investment have been published. According to news reporting from Hubei, People’ s Republic of China, by NewsRx journalists, research stated,“ This paper investigates robust optimal reinsurance and investment for an insurer facing both inflation risk and…

AM Best has assigned a Financial Strength Rating of B+, a Long-Term Issuer Credit Rating of“ bbb-” and a Philippines National Scale Rating of aa.PH to MAAGAP Insurance Inc.. The outlook assigned to these Credit Ratings is stable. The ratings reflect MAAGAP’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance,…