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.
Reinsurance
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…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a+” of Solunion Seguros, Compañía Internacional de Seguros y Reaseguros S.A.. Solunion is the operating holding company of the Solunion group of companies, a 50- 50 joint venture between the Mapfre group and Allianz Trade. Allianz SE is the ultimate parent of Allianz…
eMaxx today announced that Rob Gronkowski has been named company spokesperson. “eMaxx is a property and casualty provider built for businesses that take risk management seriously,” said Brian K. McCarthy, CEO and President, eMaxx.“ Rob’ s commitment to teamwork reflects the values of Members, and we are proud to welcome him as the Company’ s spokesperson.”.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Abu Dhabi National Insurance Company P.J.S.C.. The company’ s earnings are evenly balanced between underwriting and investing activities and benefit from the company’ s diverse operations both in the UAE and internationally. ADNIC’ s underwriting results for…
International General Insurance Holdings Ltd. today announced that it expects to release financial results for the third quarter and first nine months of 2026, on Tuesday, November 3, 2026, after the close of the U.S. financial markets. The Company will host an investor teleconference, including a question-and-answer period, on Wednesday, November 4, 2026, at…
The U.S. homeowners insurance segment posted a sizable underwriting gain of $16.5 billion in 2025, as it reversed course and avoided an annual loss for the first time in six years, according to a new AM Best report. P/C industry’ s direct incurred loss ratio of 48.4 in the first half of 2026 marks its lowest point in five years. “Insurers have consistently pushed for…
At its Sept. 15 regular meeting, the New Mexico County Reinsurance Inc. board of directors elected Chaves County Attorney Stanton L. Riggs and Grant County Manager Charlene Webb to the board. “We are very pleased to welcome Stan Riggs and Charlene Webb to the NMCRe board of directors. She served 10 years as the first New Mexico County Insurance Authority risk…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of the property/casualty and life/health members of Horace Mann Educators Corporation. The group entered into two separate agreements with Medical Mutual of Ohio to acquire Employee Services, LLC and Reserve National Insurance Company, and to reinsure…
Florida homeowners aren’ t buying it. Most homeowners– Democrats and Republicans alike– say the state’ s vaunted 2022-23 property insurance overhaul has primarily benefited the insurance industry, not the consumers who were promised relief. Those are the key findings of a landmark survey of 1,511 Florida property insurance policyholders by the South Florida…
Ten days ago, the Florida Senate demanded that the Orlando Sentinel and South Florida Sun Sentinel destroy a long-hidden state report detailing property insurers’ payments of millions to sibling companies whose profits remained secret. The existence of the 2022“ Affiliated Fee Analysis” of insurer profits and losses, performed for the state Office of…
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of“ bbb”, and the Vietnam National Scale Rating of aaa.VN of BIDV Insurance Joint Stock Corporation. The outlook of these Credit Ratings is stable. The ratings reflect BIC’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating…
Wilton Public School 08/12/2026 5:15PM Board Workshop. In attendance: School Board Members Kerri Benning, Kylee Schuh, Jessica Oswald, and Jesse Biesterfeld, Superintendent Andrew Jordan, and Business Manager Jenna Kirchmeier. Absent: Board Member Troy Speten 1.
These companies are collectively referred to as Assurant P&C Group. At the same time, AM Best has affirmed the Long-Term ICR of“ a-”, all associated Long-Term Issue Credit Ratings, indicative Long-Term IRs and the Short-Term IR of Assurant. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a” of Assurant’ s credit and life/health subsidiaries:…
The company is jointly owned by Samsung Fire& Marine Insurance Co. Ltd., Shenzhen Tencent Domain Computer Network Company Limited, and four minority shareholders. The company also benefits from the distribution capabilities and extensive market outreach of Tencent Domain’ s affiliated online platforms and overall management oversight.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C.. The ratings also factor in the lift from GIG’ s ultimate parent company, Fairfax Financial Holding Limited, due to the strategic importance of GIG to Fairfax.
KKR, a leading global investment firm, today announced the launch of Akrapoint Commercial Capital, a mid-ticket equipment finance company established by a team of experienced industry professionals and KKR. Akrapoint is led by Chief Executive Officer Nate Smith, an experienced and entrepreneurial executive who most recently spent nearly a decade at Trans…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of the following operating subsidiaries of Enact Holdings, Inc.: Enact Mortgage Insurance Corporation and Enact Mortgage Insurance Corporation of North Carolina. Both operating companies are domiciled in Raleigh, N.C. In addition, AM Best has…
AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of“ aa+” to Lasso Healthcare Insurance Company. The outlook assigned to these Credit Ratings is stable. The assessment also considers the financial support provided by its parent, HCC Life Insurance Company.
