Knighthead Insurance Group, a global provider of retirement solutions, today announced the launch of Chartline and Chartline Bonus, fixed indexed annuities designed to provide clients with straightforward and intuitive accumulation. These new Chartline products are offered by Knighthead Life, the U.S. carrier of Knighthead Insurance Group.
Reinsurance
American Club benefits from its membership in the International Group of Protection& Indemnity Club’ s pooling agreement and shared reinsurance program, which allows it to provide the large insurance cover limits required by ship owners. At year-end 2025, American Club reported an overall surplus of USD 65.5 million primarily driven by healthy investment…
Partnership supports financing of renewable energy and low-carbon infrastructure in the U.S.. AVON, Conn.& LONDON—- New Energy Risk, a specialist in technology performance insurance with more than a decade of experience underwriting complex technology projects, and OAK Global, a leading risk partner that combines science and data-driven analytics with…
2026 APR 30– 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” by James R Menker Holley& Menker, PA, representing Swiss Re Ltd. This application was made available to the public on April 21, 2026. The international…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Tokio Marine GRV Re, Inc.. The outlook of these Credit Ratings is stable. The company serves as an internal reinsurer for the affiliated entities under the Tokio Marine& Nichido Fire Insurance Co., Ltd. umbrella, and benefits from the group’ s strong global…
DISCO, a creator of industry-leading litigation technology, has announced an expansion of its strategic eDiscovery and AI technology partnership with Mound Cotton Wollan and Greengrass, a law firm that offers preeminent legal services across a wide array of practice areas including insurance, reinsurance, and commercial litigation.
The start of the 2026 Atlantic hurricane season is just a month away and the Insurance Information Institute is recommending homeowners, condo owners, renters and business owners prepare now. Led by Colorado State University senior research scientist Phil Klotzbach, Ph.D., a non-resident scholar at Triple-I, the CSU TC-RAMS Team forecasts“ a slightly below…
Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended March 31, 2026. The Company reported net income attributable to stockholders of $25.5 million, or $0.51 per diluted share, compared to $8.5 million, or $0.20 per diluted share, in the prior-year period. Gross written premiums increased 23.1% to $142.9…
A new Issues Brief from the Insurance Information Institute found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers’ ability to price risk accurately, without addressing the underlying causes of rising premiums.
AM Best Managing Director Greg Williams will join a panel discussion during The Insurer’ s upcoming Program Manager Conference and Awards on May 21, 2026, at Convene Brookfield Place in New York City, NY. Williams oversees a team of senior analysts who are responsible for monitoring and evaluating insurance companies that operate in the personal lines,…
The following information was released by the Insurance Information Institute:. A new Issues Brief from the Insurance Information Institute found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers' ability to price…
Unum Group today reported net income of $232.0 million for the first quarter of 2026, compared to net income of $189.1 million for the first quarter of 2025.. Included in net income for the first quarter of 2026 is a net after-tax investment loss on the Company’ s investment portfolio of $4.0 million and the Closed Block segment after-tax adjusted operating…
Porch Group, Inc., a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. Porch generated for shareholders 1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $19.7 million.“ Porch Shareholder Interest” includes the…
Counterpart, the specialty insurance company built for the AI era, today announced the close of its $50 M Series C financing round led by Valor Equity Partners, with continued participation from existing investor Vy Capital. The round brings Counterpart’s total funding to $106 million. The U.S. Equal Employment Opportunity Commission fielded nearly 270,000…
Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare…
Watercress Financial, a leading provider of home improvement financing solutions, today announced a $550 million forward flow partnership with multi-asset-class investment firm 26 North Partners LP, which will purchase loans originated through Watercress Financial’s national contractor network. As demand for home improvement payment plans grows,…
The following information was released by the U.S. House of Representatives Committee on Financial Services:. Subcommittee Chairman Flood questioned witnesses on how the U.S. views catastrophic risk, to which Mr. Anthony Vidovich, Executive Vice President and General Counsel, Everest Group, replied, "The reinsurance industry is quite vibrant.
NEW YORK& MIAMI—- Agam Capital, a global leader in insurance-related asset and liability analytics, and 1823 Partners LLC, a differentiated asset management firm focused on insurance-first investment strategies, today announced that they have formed a long-term strategic partnership to serve global insurance companies. Anant Bhalla, Co-Founder and CEO of…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the life insurance subsidiaries of Western& Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life…
