Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended December 31, 2025. The Company reported net income attributable to stockholders of $25.3 million, or $0.51 per diluted share, compared to $21.5 million, or $0.55 per diluted share, in the prior-year period. Gross written premiums increased 30.2% to $154.0…
Reinsurance
South Korea- based automaker Hyundai has announced plans to launch its own branded insurance carrier, joining Tesla, Honda, and GM, among others, in entering the car insurance business. In a filing with the U.S. Patent and Trademark Office, Hyundai applied for a trademark called "Hyundai Secure+," which it said was for "insurance services; underwriting and…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of RoyalStar Assurance Ltd.. Like most Caribbean domiciled insurance companies, RSA has a high dependence on reinsurance to manage capital exposure in the event of a catastrophe. While reinsurance dependence is high, RSA maintains adequate coverage through…
When I served as New Hampshire's Insurance Commissioner in 2017 and 2018, the Affordable Care Act's individual market was widely viewed as unstable. In New Hampshire, we faced a choice: chase short-term fixes or focus on structural affordability. During that period, New Hampshire began designing a state-based reinsurance program and secured federal…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of PMG Assurance Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect PMG’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Park Assurance Company. The ratings further reflect Park’ s sophisticated risk management strategy and practices, experienced management team and its integral role as a single-parent captive of JPMorgan Chase Holdings LLC, which is a subsidiary of JPMorgan…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Compañía Internacional de Seguros, S.A.. In 1910, CIS initiated operations as a multiline insurer and ranks among the top insurance companies in Panama based on premium market share. CIS operates through a network of brokers and office branches in several…
Hammurabi, a division of accident and health managing general underwriter Xchange Benefits LLC, a subsidiary of Octave Specialty Group, Inc., has unveiled an artificial intelligence platform that fundamentally transforms how medical stop loss insurance is underwritten, replacing a traditionally labor-intensive process with near-instant risk…
For the fourth quarter ended December 31, 2025, iA Financial Group recorded core diluted earnings per common share†† of $3.10, which is 2% higher than the same period in 2024. The solvency ratio 5 was 133% 6 at December 31, 2025, highlighting a robust capital position. “Our strong and profitable growth across all business segments in the fourth quarter— including…
The following information was released by the Insurance Information Institute:. Deadly floods swept across the United States in 2025 at an unprecedented pace, underscoring the growing risk of inland and flash flooding and the critical importance of adequate flood insurance, according to the Insurance Information Institute's latest issues brief, Flood…
2026 FEB 16– 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“ SWISS RE INSTITUTE” by James R Menker Holley& Menker, PA, representing Swiss Re Ltd. This application was made available to the public on February 04, 2026.
AM Best has commented that the Credit Ratings of Cavello Bay Reinsurance Limited, a subsidiary of Enstar Group Limited, are unchanged following Enstar’ s announcement that it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. from Blue Cross Blue Shield of Michigan. Once the acquisition is…
Shares of Chubb Limited (NYSE: CB) traded at a new 52-week high today and are currently trading at $326.98. So far today, approximately 154.83k shares have been exchanged, as compared to an average 30-day volume of 1.81M shares. Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers […]
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a+” to AXIS Specialty Insurance Limited, a subsidiary of AXIS Capital Holdings Limited. The ratings of ASIL also reflect the company’ s role as an internal reinsurer of affiliated businesses, and the reinsurance, liquidity and other implicit support provided to other…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of RGA Reinsurance Company, RGA Americas Reinsurance Company Ltd, RGA Life Reinsurance Company of Canada, Aurora National Life Assurance Company and RGA Life and Annuity Insurance Company. These companies are subsidiaries of Reinsurance Group of America,…
AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’ s credit risk transfer programs— Freddie Mac’ s Agency Credit Insurance Structure and Fannie Mae’ s Credit Insurance Risk Transfer. The calculations for each transaction are based on AM Best’ s factor-based…
Lincoln Financial today reported financial results for the fourth quarter and full year ended December 31, 2025. Strong fourth quarter performance capped a year of sustained momentum, with balanced growth and broad-based execution across all business segments. Fourth quarter net income available to common stockholders was $745 million, or $3.80 per…
Porch Group, Inc., a new kind of homeowners insurance company, today reported fourth quarter and full-year results through December 31, 2025, that exceeded our expectations. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $23.5 million. In January 2025, the Porch Reciprocal Exchange was formed as an insurance entity owned by its…
The Insurance Information Institute recently launched two comprehensive awareness campaigns in Los Angeles, California, and Cook County, Illinois, raising awareness about the devastating impacts of legal system abuse on the respective states’ economies. “As we continue to be inundated across the U.S. by the likes of billboard attorneys preying on…
