2026 OCT 15– 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“ ANSUR AMERICA” by Lindsey M. Mead Foster Swift Collins& Smith, representing Frankenmuth Mutual Insurance Company. This application was made available to the…
Reinsurance
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Taiping Reinsurance Company Limited and its wholly owned subsidiary, Taiping Reinsurance Company Ltd.. The outlook of these Credit Ratings is stable. The reinsurer’ s net profit grew to HKD 1.3 billion, driven by both insurance service results and investment…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Al Dhafra Insurance Company P.S.C.. The outlook of these Credit Ratings is stable. The company’ s recent performance has improved on account of higher‘ other underwriting income,’ which is mainly comprised of fees charged for miscellaneous services and the…
The U.S. property/casualty insurance industry is maintaining steady underwriting performance following several years of economic and underwriting volatility, with favorable results expected to continue in 2026, according to the latest members-only webinar Insurance Economics and Underwriting Projections: A Forward View from the Insurance…
Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, today reported financial results for the third quarter ended September 30, 2026. Effective January 14, 2026, the Company updated its brand name from Marsh McLennan to Marsh and the brand names of Marsh and Oliver Wyman Group businesses to Marsh Risk and…
Constellation Re Bermuda launched operations with its inaugural reinsurance transaction and an A rating from Fitch.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Aflac Life Insurance Japan, Ltd., American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York and Continental American Insurance Company. These companies represent the life/health insurance subsidiaries of…
Financial abuse can leave survivors of domestic violence facing economic consequences long after an abusive relationship ends, from damaged credit and debt to lost access to bank accounts, insurance information and other financial resources. During Domestic Violence Awareness Month, the Insurance Information Institute is highlighting practical…
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Dah Sing Insurance Company Limited. Under its business plan, DSI is expected to maintain healthy growth through new initiatives in the medium term, positioning it competitively in the Hong Kong non-life insurance market. The company’ s GPW is…
According to the Best’ s Market Segment Report,“ Market Segment Outlook: Indonesia Non-Life Insurance,” regulatory measures continue to strengthen the segment’ s financial resilience and risk management while specific steps aimed at managing medical inflation are expected to benefit the country’ s domestic health insurance sector. “We expect prospective…
Constitution is wholly owned by Steven Menzies, chief executive officer, and participates in a professional lines quota share reinsurance business from a commonly owned insurer, Texas Insurance Company, consolidated within the North American Casualty Group. Due to delays in regulatory approvals, premiums only started to flow in 2026. Constitution is…
AM Best has assigned a Preliminary Credit Assessment to American Sentinel Insurance with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. This PCA has an effective date of Oct. 6, 2026. ASIC’ s balance sheet strength assessment also considers a capital contribution in the amount of $8.5 million from SUNZ Insurance…
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of“ a-” and the National Scale Rating of aaa.IN of General Insurance Corporation of India. In addition, the ratings factor in a neutral impact from the company’ s ownership by the government of India. A partially offsetting balance sheet strength factor is the company’ s…
Peyton AI ® today launched an AI-powered triage platform for medical negligence claims, built to help law firms, malpractice insurers and hospital risk teams learn in minutes whether a case merits further investment, a call that typically takes months of record review and an initial expert report. In a validation study of more than 1,000 closed cases, the…
The following information was released by the American Tort Reform Association:. A new report released today shows New York at the forefront of a disturbing nationwide trend of organized fraud rings allegedly involving law firms, litigation funders, medical providers and others leading companies to respond via the Racketeer Influenced and Corrupt…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of Hartland Mutual Insurance Company. The outlook of these Credit Ratings is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.
The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation and MGIC Assurance Corporation. All companies are domiciled in Milwaukee, WI. The outlook of these Credit Ratings is stable. AM Best assess MGIC’ s business profile as limited because the company is focused on U.S. single-family mortgage risk.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Enact Re Ltd.. The outlook of these Credit Ratings is stable. ERL is a Class 3 A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation, the flagship private mortgage insurer within the Enact Holdings, Inc. organization.
