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Acrisure Completes Acquisition of Vave MGA from Canopius

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LONDON& NEW YORK—- Acrisure, a global fintech leader, today announces it has completed the acquisition of Vave, a technology-driven property MGA, from Canopius Group. Matt Schweinzger, President of North America Insurance at Acrisure, said:“ We look forward to working with the Vave team starting today to continue expanding their technology-enabled products to…

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The following information was released by the Insurance Information Institute:. MALVERN, Pa., April 1, 2026 Legislative reforms targeting legal system abuse and claim fraud in Florida have continued to help stabilize the Sunshine State's property/casualty insurance market, contributing to rate-filing reductions by dozens of property and auto insurers…

The Insurance Information Institute recently launched a comprehensive awareness campaign in Missouri, highlighting the devastating impacts of legal system abuse on the state’ s consumers and overall economy. Triple-I’s billboard highlights that legal system abuse drives high insurance premiums. “As we continue to be inundated across the U.S. by the likes…

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to Aseguradores Argentinos Compania de Reaseguros S.A.. ACR is a reinsurance company founded in 2012 in Buenos Aires, Argentina, and ranks among the country’ s top reinsurance companies based on gross premiums market share. As of June 2025, property/casualty…

The Insurance Information Institute recently launched a comprehensive awareness campaign in Missouri, highlighting the devastating impacts of legal system abuse on the state's consumers and overall economy. "As we continue to be inundated across the U.S. by the likes of billboard attorneys preying on vulnerable Americans and increasing insurance costs…

In Canada, Shantel Aris has been promoted to Head of Longevity Analysis and Client Engagement, North America. In this expanded role, Shantel will guide the development of longevity analysis programs while enhancing engagement with insurance clients across Canada and the broader North American market. Katherine Pelletier has been named Head of Pensions and…

Odyssey Group Holdings, Inc. today announced a refreshed brand identity that aligns its Hudson and Newline brands with OdysseyRe and Odyssey Group. The Group’ s subsidiary brands of Hudson Insurance Group and Newline Group have adopted the iconic wave symbol which has been synonymous with the Odyssey brand since it was established in 1996.

And contra Ronald Reagan, in this case there's reason to think the government truly can help. To address soaring insurance premiums and coverage gaps in an age of worsening climate-fueled disasters, the Brookings Institution has proposed creating a federal reinsurance company to cover U.S. home insurers. It would be, as proposal co-author Benjamin Keys of the…

Top contenders in the state insurance commissioner "s race squared off Friday, March 27 at a Pacific Palisades forum where they discussed wildfire risks and how they would reel in soaring premiums for homeowners in the aftermath of devastating California wildfires. The forum, sponsored by the Palisades Recovery Coalition, invited a narrow field of…

AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of“ aa”, and the Mexico National Scale Rating of“ aaa.MX” of Allianz México, S.A., Compañía de Seguros. It is focused solely on Mexico’ s market, and its insurance portfolio, as of September 2025, was composed of life, P/C and accident and health. Allianz Mexico forms part of the…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa” of Allianz Global Corporate& Specialty Resseguros Brasil S.A.. The outlook of these Credit Ratings is stable. The ratings reflect AGCS Re Brazil’ s strategic importance as a subsidiary of Allianz SE, which on a consolidated basis has a balance sheet strength that…

AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a”“ a-” of Ocean International Reinsurance Company Limited. Ocean Re is a Barbados- based reinsurer, licensed as a Class 2 insurance company, which offers a diversified product mix worldwide with a relevant presence in Latin America. Ocean Re’ s regional…

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

Everest Group, Ltd., a global specialty reinsurance and insurance leader, today announced the appointment of Jason Busti as Head of North America Treaty Reinsurance to lead the division’ s treaty reinsurance business across the United States, Bermuda, and Canada. “Jason is a highly respected leader with a deep understanding of the North American reinsurance…

The Cayman Islands sits at the heart of a network of British financial jurisdictions. The Cayman Islands has emerged as an unlikely place to fill the gap. But a 2025 Federal Reserve analysis revealed that the total figure was actually closer to $1.4 trillion by the end of 2024— with some estimates reaching as high as $1.85 trillion— after nearly 40 percent of new…