AM Best will participate in the 50th General Assembly and Conference of the Federation of African National Law Insurance Companies, which will take place from Feb. 8-11, 2026, in Abidjan, Côte d’Ivoire. The AM Best delegation will hold bilateral meetings at the Sofitel Abidjan Hotel Ivoire, Abidjan. Headquartered in the United States, the company does business…
Reinsurance
AM Best will participate and speak at the CPCU Europe Conference, London 2026, which is taking place 13 February 2026, in London. In his role at AM Best, Mistry is responsible for managing a team of analysts that cover insurers and reinsurers operating worldwide, with a particular focus on the United Kingdom and London market, Africa, Middle East, Eastern Europe and…
Despite Mohandes’ conservative investment allocation by asset class, given the concentration of its assets in Egypt, in line with regulatory restrictions, the company’ s balance sheet is exposed to potential volatility, reflecting the country’ s high economic, political and financial system risks. AM Best notes that ROE should be viewed in light of the high…
BHIIL is a wholly owned subsidiary of National Indemnity Company, the lead operating company of the National Indemnity Group. The ratings of BHIIL reflect its key role within the National Indemnity group, which is further supported by common ownership and material reinsurance support from its parent company. BHIIL is one of the group’ s main platforms for…
Somerset Reinsurance Ltd., a leading provider of asset-intensive reinsurance solutions to the life and annuity market, today announced the appointments of Steve Belcher as Chief Financial Officer and Joelina Redden as Chief Legal Officer. Mr. Belcher is responsible for the firm’ s financial and capital management, as well as its accounting, tax and financial…
2026 FEB 03– 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“ RELIANCEMATRIX A MEMBER OF TOKIO MARINE GROUP” by Christina D. Frangiosa Neal& McDevitt, LLC, representing Reliance Standard Life Insurance Company.
Private Credit: 2026 Outlook 2026 Global Life Reinsurance Sector Outlook: Cautious Optimism as Asset-Intensive Sector Enters Its Next Phase Private Credit: Q3 2025 Middle Market Borrower Surveillance Compendium: Defaults Will Rise Private Equity Investment in the Life-Annuity Market Is Here to Stay. KBRA, one of the major credit rating agencies, is…
Radian Group Inc. today announced that it has completed its strategic acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’ s of London. Rick Thornberry, CEO, Radian Group Inc.. “Today marks an important milestone for Radian as we expand from our established position as a leading U.S. private mortgage insurer into a global…
Summit, a leading superregional provider of workers’ compensation insurance services, is pleased to announce that Chris Neyrey has been named vice president of the company’ s Southwest Region. He succeeds Hank Chiles, who will retire in July 2026 after an incredible 36- year career with Summit. James Wood, Summit’ s president and CEO, remarks,“ Chris brings…
AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of B and the Long-Term ICRs of“ bb+” of Ocean Harbor Casualty Insurance Company and its affiliates, Great Northwest Insurance Company and Hawaiian Insurance and Guaranty Insurance Company, Limited. The outlook of the FSR is…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Etiqa General Insurance Berhad. The outlook of these Credit Ratings is stable. In addition, the ratings factor in the neutral impact from the company’ s ultimate majority owner, Malayan Banking Berhad, one of the largest financial services groups incorporated,…
AM Best has affirmed the Financial Strength Rating of C++ and the Long-Term Issuer Credit Rating of“ b+” of Ghana Reinsurance PLC. Risk-adjusted capitalisation deteriorated at year-end 2024, but is expected to have rebounded by year-end 2025, in part due to the improved credit quality of investments in Ghana. Although economic conditions in Ghana have improved…
2026 JAN 29– 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“ TURVI” by Benjamin P. Harbuck Dentons US LLP, representing Crawford& Company. The registrar information for this application is: Benjamin P. Harbuck Dentons US LLP,…
Selective Insurance Group, Inc. reported financial results for the fourth quarter ended December 31, 2025, with net income per diluted common share of $2.52 and non-GAAP operating income 1 per diluted common share of $2.57. Net investment income increased 17% from a year ago, to $114 million after-tax, generating 13.6 points of annualized ROE in the quarter.
“The Hartford delivered an outstanding year, with core earnings of $3.8 billion and a core earnings ROE of 19.4 percent,” said The Hartford’ s Chairman and CEO Christopher Swift.“ Results were driven by excellent performance in Business Insurance, which once again generated robust top-line growth at highly profitable margins, a pivotal year in Personal…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Spinnaker Insurance Company and its 100% reinsured subsidiaries, Spinnaker Specialty Insurance Company and Wingsail Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating of“ bbb” on the $50 million, 9.5% surplus notes, due in…
KKR& Co. Inc. announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities 2026 Financial Services Conference on Tuesday, February 10, 2026 at 2:40PM ET. KKR’ s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. For additional…
Located at 1111 Brickell Ave., 10 th Floor, Miami, FL, the new hub strengthens Allianz Commercial’s presence in Latin America and enhances its ability to deliver facultative reinsurance and commercial insurance solutions across Property, Construction& Natural Resources, Entertainment, Financial Lines, Marine, and Multinational Services..
As Senior Vice President, Ms. Nixon will be working directly with insurers and reinsurers to ensure KCC’ s advanced modeling technology and applications continue to deliver high value as the market needs evolve. Later in her career, Ms. Nixon was CUO and then CEO of a Florida insurer. During her time in Bermuda, Ms. Nixon was the original founder of the Women in…
