Constellation Re Bermuda launched operations with its inaugural reinsurance transaction and an A rating from Fitch.
Reinsurance
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Aflac Life Insurance Japan, Ltd., American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York and Continental American Insurance Company. These companies represent the life/health insurance subsidiaries of…
Financial abuse can leave survivors of domestic violence facing economic consequences long after an abusive relationship ends, from damaged credit and debt to lost access to bank accounts, insurance information and other financial resources. During Domestic Violence Awareness Month, the Insurance Information Institute is highlighting practical…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Dah Sing Insurance Company Limited. Under its business plan, DSI is expected to maintain healthy growth through new initiatives in the medium term, positioning it competitively in the Hong Kong non-life insurance market. The company’ s GPW is…
According to the Best’ s Market Segment Report,“ Market Segment Outlook: Indonesia Non-Life Insurance,” regulatory measures continue to strengthen the segment’ s financial resilience and risk management while specific steps aimed at managing medical inflation are expected to benefit the country’ s domestic health insurance sector. “We expect prospective…
Constitution is wholly owned by Steven Menzies, chief executive officer, and participates in a professional lines quota share reinsurance business from a commonly owned insurer, Texas Insurance Company, consolidated within the North American Casualty Group. Due to delays in regulatory approvals, premiums only started to flow in 2026. Constitution is…
AM Best has assigned a Preliminary Credit Assessment to American Sentinel Insurance with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. This PCA has an effective date of Oct. 6, 2026. ASIC’ s balance sheet strength assessment also considers a capital contribution in the amount of $8.5 million from SUNZ Insurance…
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of“ a-” and the National Scale Rating of aaa.IN of General Insurance Corporation of India. In addition, the ratings factor in a neutral impact from the company’ s ownership by the government of India. A partially offsetting balance sheet strength factor is the company’ s…
Peyton AI ® today launched an AI-powered triage platform for medical negligence claims, built to help law firms, malpractice insurers and hospital risk teams learn in minutes whether a case merits further investment, a call that typically takes months of record review and an initial expert report. In a validation study of more than 1,000 closed cases, the…
The following information was released by the American Tort Reform Association:. A new report released today shows New York at the forefront of a disturbing nationwide trend of organized fraud rings allegedly involving law firms, litigation funders, medical providers and others leading companies to respond via the Racketeer Influenced and Corrupt…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Hartland Mutual Insurance Company. The outlook of these Credit Ratings is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.
The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation and MGIC Assurance Corporation. All companies are domiciled in Milwaukee, WI. The outlook of these Credit Ratings is stable. AM Best assess MGIC’ s business profile as limited because the company is focused on U.S. single-family mortgage risk.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Enact Re Ltd.. The outlook of these Credit Ratings is stable. ERL is a Class 3 A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation, the flagship private mortgage insurer within the Enact Holdings, Inc. organization.
Chubb Perú initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and rebranded the company name. As of December 2025, 47% of the company’ s gross written premiums were composed of property/casualty products, with accident and health comprising…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Active Capital Reinsurance, Ltd.. Active Re is a Barbados- based reinsurer established in 2007. The company continues to further diversify its geographic footprint in Asia, America, Europe, Africa and the rest in Oceania, and focuses its underwriting efforts on…
Motor vehicle lawsuits have risen sharply over the past decade, adding to costs that can affect what consumers pay for auto insurance, according to a new analysis from the Insurance Information Institute and the Casualty Actuarial Society. The analysis estimates the increase in motor vehicle tort litigation at $43.84 billion from 2015 to 2024, accounting…
The first three articles in this series made a similar argument three times: Mauritius has the legal framework, and the missing piece is a single pilot. Here, Mauritius already has something running. That is real progress, and it puts Mauritius ahead of most peers discussed elsewhere in this series.
AM Best will be represented by William Mills, senior director, market development, EMEA, and Romeo Berti, senior financial analyst. To view this comprehensive Best’ s Market Segment Report, titled,“ Global Reinsurance at an Inflection Point: Can Discipline Survive the Temptation of Record Capital? Headquartered in the United States, the company does business in…
