In Case You Missed It, new reporting from MeidasTouch News exposes U.S. Senate candidate John Sununu for making millions of dollars "sitting on boards and drawing paychecks from companies" with considerable ties to China and the Chinese Communist Party. Sununu also held cushy board seats at a medical device maker that "cut American jobs while building…
Reinsurance
2026 JUL 31– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Economics have been published. Financial support for this research came from Center of Industrial Organization at Northwestern University. Our news editors obtained a quote from the research from the University of Minnesota Twin Cities,“ Public reinsurance…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Reunion Re Compañia de Reaseguros S.A.. The negative outlooks reflect the pressure applied to Reunion Re’ s balance sheet strength caused by the influence of the rating unit’ s holding company coupled with the macroeconomic challenges in Argentina.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Reaseguradora Delta, S.A. and Reaseguradora Delta, C.A.. The outlook of these Credit Ratings is stable. Founded in Panama in 2010, Delta Panama offers treaty and facultative reinsurance for several lines of business, including fire, surety, construction and…
The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company; Insurance Company of the South; Response Indemnity Company of California; Blue Ridge Indemnity Company; Fortegra Specialty Insurance Company; and Fortegra Europe Insurance Company SE. In addition, AM Best has removed from under review with positive…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of QBE Europe SA/ NV, QBE UK Limited, QBE Capital Ltd., QBE Capital Ltd. and the pooled members of QBE North America Insurance Group. These companies are key operating subsidiaries of QBE Insurance Group Limited, the non-operating holding company of the QBE group of…
Lincoln Financial today announced that it has entered into an agreement with Talcott Financial Group under which Lincoln will cede approximately $5.8 billion of in-force GUL statutory reserves, representing approximately 37% of Lincoln’ s remaining in-force guaranteed universal life block to a Talcott subsidiary. In connection with the transaction,…
The following information was released by the Environmental Defense Fund:. This retreat exposes a market failure compounding on itself: without strong federal safeguards like the Toxic Substances Control Act, the primary U.S. chemical safety law current under threat in Congress, to curb PFAS at the source, production will continue unchecked, contamination…
Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended June 30, 2026. The Company reported net income attributable to stockholders of $33.5 million, or $0.67 per diluted share, compared to $17.6 million, or $0.39 per diluted share, in the prior-year period. Gross written premiums increased 23.4% to $206.8…
Porch Group, Inc., a new kind of homeowners insurance company, today reported second quarter results through June 30, 2026, that exceeded our expectations. With strong capacity, expanding top-of-funnel activity, and rapid policy growth, we believe Porch is increasingly positioned for sustained profitability, a stronger balance sheet profile, and…
A new Insurance Information Institute members-only Issues Brief finds extreme heat, drought conditions and continued population growth in wildfire-prone areas are contributing to elevated wildland fire exposure across multiple regions of the country, including the Southeast and Great Plains. “Wildfire is increasingly a national risk issue rather…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of“ aa” of Tennessee Farmers Mutual Insurance Company and its affiliate, Tennessee Farmers Assurance Company, which are members of Tennessee Farmers Insurance Companies.
Unum Group today reported net income of $256.9 million for the second quarter of 2026, compared to net income of $335.6 million for the second quarter of 2025.. Included in net income for the second quarter of 2026 is a before-tax net investment loss on the Company’ s investment portfolio of $5.2 million, strategic actions impact of $30.7 million before tax, and…
W. R. Berkley Corporation today announced the appointment of Christopher L. Moede as president of Berkley Risk. Mr. Goodwin joined Berkley Risk in 2012 and successfully served as its executive vice president before being named president in 2014.. Commenting on the appointment, W. Robert Berkley, Jr., chairman, chief executive officer, and president of W. R. Berkley…
The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s positive macroeconomic performance has been underpinned by buoyant electronic exports, and increasing foreign direct investment, driven by the global investment boom in artificial intelligence-related technology and infrastructure.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Hanwha General Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect HGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and…
The Best’ s Market Segment Report,“ Market Segment Outlook: Peru Insurance,” states that positive factors backing the stable outlook include the continued developments in Peru`s insurance regulatory framework that encompasses microinsurance and alternative distribution channels and currently is promoting changes to support the digital…
Selective Insurance Group, Inc. reported financial results for the second quarter ended June 30, 2026, with net income per diluted common share of $2.11 and non-GAAP operating income 1 per diluted common share of $1.95. Net investment income increased 18% from a year ago, to $119 million after-tax, generating 13.9 points of annualized ROE in the quarter.
Universal Insurance Holdings reported second quarter 2026 results. Strong retention and new business generation resulted in 4.1% direct premiums written growth, including growth in Florida and across our multi-state footprint.”. Thanks to the efforts of the Governor, the Legislature, and the OIR, the Florida homeowners insurance market has stabilized and…
