BIRMINGHAM, Ala,—- ProAssurance Corporation, an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $8.5 million, or $0.16 per diluted share, and operating income was $12.7 million, or $0.25 per diluted share, for the three months ended March 31, 2026. Operating performance continues to…
Reinsurance
Genworth Financial, Inc. today reported results for the quarter ended March 31, 2026. Net income was driven by Enact, which had strong operating performance Net investment income, net of taxes, was $605 million in the quarter, down from $620 million in the prior quarter and up from $584 million in the prior year primarily from changes in limited partnership…
International General Insurance Holdings Ltd. today reported financial results for the first quarter of 2026.. This translates to a 14.3% core operating return on average shareholders’ equity, underscoring the stability and resilience of IGI, notwithstanding impact of war losses in the Middle East. The Company generated net income for the quarters ended…
Assurant, Inc., a global company that redefines the boundaries of protection– safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’ s most successful brands, today announced results for the first quarter ended March 31, 2026. We are proud of the long-term outperformance we’ ve driven and more…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to Calix Re Limited. Calix Re is a recently formed Class E licensed Bermuda reinsurance company. The majority of business placed with it initially will be Japan- based fixed term annuities.
A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with an Honorable Mention designation from the Hermes Creative Awards in two categories: Advertising Campaign and Outdoor/ Out-of-Home Advertising Campaign.. Triple-I recognized the legal system abuse challenges…
Forward Industries (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round, alongside plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams. To view the full press release, visit https://ccw.fm/pXcZ9 About Forward Industries, Inc. Forward Industries, Inc. (NASDAQ: FWDI) […]
Virginia's innovative reinsurance program for health coverage is reducing the monthly bill for each person covered by an Obamacare policy by nearly $100 a month, according to the State Corporation Commission. By doing this, the SCC projects average monthly bills this year will be $519 for each covered individual, compared with $617 if the program were not in…
H.R. 7567, or the Farm Bill, was led by House Agriculture Committee Chairman Glenn "GT" Thompson. We sincerely appreciate the bipartisan members of the House Agriculture Committee who voted to advance the Farm, Food, and National Security Act of 2026 and continue to stand up for U.S. agriculture. " Crop Insurance and Reinsurance Bureau:.
Equitable Holdings, Inc. today announced financial results for the first quarter ended March 31, 2026. Within our businesses, we continued to see healthy organic growth momentum, highlighted by $1.3 billion of net inflows in Retirement and $2.0 billion of advisory net inflows in Wealth Management. As of March 31, 2026, total AUM/A was $1.1 trillion, a…
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.
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.
