Reinsurance

Reinsurance RSS Get our newsletter

Lincoln Financial today announced that it has entered into an agreement with Talcott Financial Group under which Lincoln will cede approximately $5.8 billion of in-force GUL statutory reserves, representing approximately 37% of Lincoln’ s remaining in-force guaranteed universal life block to a Talcott subsidiary. In connection with the transaction,…

The following information was released by the Environmental Defense Fund:. This retreat exposes a market failure compounding on itself: without strong federal safeguards like the Toxic Substances Control Act, the primary U.S. chemical safety law current under threat in Congress, to curb PFAS at the source, production will continue unchecked, contamination…

Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended June 30, 2026. The Company reported net income attributable to stockholders of $33.5 million, or $0.67 per diluted share, compared to $17.6 million, or $0.39 per diluted share, in the prior-year period. Gross written premiums increased 23.4% to $206.8…

Porch Group, Inc., a new kind of homeowners insurance company, today reported second quarter results through June 30, 2026, that exceeded our expectations. With strong capacity, expanding top-of-funnel activity, and rapid policy growth, we believe Porch is increasingly positioned for sustained profitability, a stronger balance sheet profile, and…

A new Insurance Information Institute members-only Issues Brief finds extreme heat, drought conditions and continued population growth in wildfire-prone areas are contributing to elevated wildland fire exposure across multiple regions of the country, including the Southeast and Great Plains. “Wildfire is increasingly a national risk issue rather…

Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and…

W. R. Berkley Corporation today announced the appointment of Christopher L. Moede as president of Berkley Risk. Mr. Goodwin joined Berkley Risk in 2012 and successfully served as its executive vice president before being named president in 2014.. Commenting on the appointment, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley…

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…