Assured Guaranty Ltd. announced today its financial results for the three-month period ended September 30, 2025. Year-to-date through September 30, 2025, Assured Guaranty has earned net income of $7.73 per share, 20% higher than in last year’ s comparable period, and adjusted operating income of $6.77 per share, up 17%. Our three financial guaranty businesses–…
Reinsurance
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of“ bbb-” to Zhibao Labuan Reinsurance Company Limited. Zhibao Re is wholly owned by its ultimate parent, Zhibao Technology Inc., a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating…
MetLife, Inc. today announced that John McCallion, executive vice president and chief financial officer, and head of MetLife Investment Management, has provided a third quarter 2025 financial update video. About MetLife MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance,…
MetLife, Inc. today announced its third quarter 2025 results. MetLife reported third quarter 2025 premiums, fees and other revenues of $12.5 billion, flat compared with the prior year quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were $12.5 billion, up 4 percent.
Porch Group, Inc., a new kind of homeowners insurance company, today reported third quarter results through September 30, 2025, that exceeded expectations. Net income attributable to Porch was$ million, and Adjusted EBITDA was $20.6 million, an increase of $3.7 million compared to prior year 2. “We’ re proud to report another strong quarter— one in which we delivered…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Lancashire Insurance Company Limited and Lancashire Insurance Company Limited. Additionally, AM Best has affirmed the Long-Term ICR of“ bbb+” of the parent company, Lancashire Holdings Limited. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of AzRe Reinsurance, OJSC. The company continued to reduce its investment concentration in Azerbaijan by shifting its portfolio toward foreign fixed income securities, which accounted for 42% of total invested assets at the end of August 2025.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of HDFC International Life and Re Company Limited, a subsidiary of HDFC Life Insurance Company Limited, which in turn is majority held by HDFC Bank Limited. The outlook of these Credit Ratings is stable. The ratings reflect HDFC’ s balance sheet strength, which AM…
Your Excellencies former heads of states and former vice presidents from Africa and the Caribbean here present. Badr Ahmed Mohamed Abdelatty, Minister of Foreign Affairs of the Arab Republic of Egypt. Honourable Ministers, Governors of Central Banks and other government officials from Africa and the Caribbean.
AM Best has upgraded the Long-Term Issuer Credit Rating to“ a+” from“ a” and affirmed the Financial Strength Rating of A of ICM Assurance Ltd. The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. ICMA is a single-parent captive insurer, wholly owned by CNOOC International Limited, which is in turn wholly owned…
AM Best has commented that the Credit Ratings of Palomar Holdings, Inc., the ultimate parent and insurance holding company of Palomar Specialty Insurance Company, Palomar Excess and Surplus Insurance Company, Palomar Specialty Reinsurance Company Bermuda Ltd. and First Indemnity of America Insurance Company remain unchanged following the Oct. 30, 2025…
Bowhead Specialty Holdings Inc., a specialty lines insurance group focused on providing casualty, professional liability and healthcare liability insurance products, today announced financial results for the third quarter ended September 30, 2025.. Gross written premiums increased 17.5% to $231.5 million. Net income of $15.2 million, or $0.45 per…
It will retain its brand and operate as a wholly owned subsidiary of Ambac. “We are thrilled to welcome the ArmadaCare team,” Ambac President and Chief Executive Officer Claude LeBlanc said.“ ArmadaCare strengthens our financial profile, diversifies our distribution platform, and offers complementary capabilities to our existing accident and health…
As part of its participation at the 2025 Singapore International Reinsurance Conference, AM Best has made available for the first time analyses of 16 countries in the Asia-Pacific region, encompassing markets with varying degrees of development and growth potential. Available in one comprehensive volume, featuring exclusive content on seven countries…
Golden Tree is a subsidiary of Iris Financial Services Limited and is owned ultimately by Springbrook Capital Ltd., a private holding company with diversified operations in insurance and financial services. The revised outlook to positive from stable of the Long-Term ICR reflects AM Best’ s expectation that Golden Tree will be able to maintain…
AM Best has affirmed the Financial Strength Rating of A, the Long-Term Issuer Credit Rating of“ a” and the Mexico National Scale Rating of“ aaa.MX” of Reaseguradora Patria, S.A.. Patria Re is Mexico’s only locally registered reinsurer, founded in 1953. The company has a strong niche position in Mexico and in other Latin America markets, which allows it to accept…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Eni Insurance S.p.A., a captive of Eni S.p.A., a multinational energy company based in Italy. The outlook of these Credit Ratings is stable. EIS’ prospective performance is expected to be strong, in line with the historical performance of Eni Insurance Designated…
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a+” of Erie and Niagara Insurance Association. Concurrently, AM Best has affirmed the FSR of A- and the Long-Term ICR of“ a-” of Cherry Valley Cooperative Insurance Company. Both companies are…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of R.V.I. Guaranty Co., Ltd., and its subsidiary, R.V.I. America Insurance Company. The outlook of these Credit Ratings is stable. RVI is affiliated with Group 1001 Insurance Holdings, LLC, and benefits from Group 1001’ s expertise in areas such as investment, risk…
