Lloyd’ s reinsurance business has grown strongly in recent years, with a five-year compound average growth rate of 9%. The Best’ s Market Segment Report,“ Underwriting Cycle Management Becomes Crucial for Lloyd’ s Amid Softening Market Conditions,” forms part of AM Best’ s look at the global reinsurance industry during the Rendez-Vous de Septembre in Monte Carlo.
Reinsurance
TORRANCE, Calif., Sept. 3, 2025/ PRNewswire-PRWeb/– MOTER Technologies, Inc., engaged in developing insurance software*, today announced that it has entered a financial and business partnership with ITOCHU Corporation. said Kenji Fujii, Founder& CEO of MOTER.. Through this partnership, MOTER's advanced technology-driven digital platforms and insurance product…
2025 SEP 03– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ V VERISK” by MICHAEL R. FRISCIA MCCARTER& ENGLISH, LLP, representing Insurance Services Office, Inc. This application was made available to the public on…
U.S. private mortgage insurers continue to cede a meaningful portion of their premium to reinsurance, with the usage of unaffiliated reinsurance expanding considerably, according to a new AM Best report. The Best’ s Market Segment Report,“ Reinsurance Market for US Mortgage Credit Risk Matures,” is part of AM Best’ s look at the global reinsurance industry ahead of…
Oceanview Reinsurance Ltd., a subsidiary of Oceanview Holdings Ltd., today announced that Timothy Gasaatura, FSA, MAAA, has been appointed President and Chief Executive Officer, effective September 1, 2025. Gasaatura currently serves as Chief Actuary of Oceanview Secure Reinsurance Ltd. and previously was Chief Actuary of Oceanview Reinsurance Ltd….
A composite of AM Best- rated U.S. and Bermuda reinsurers continued its trend of favorable underwriting results in 2024 while generating its fourth consecutive year of underwriting profitability, according to a new AM Best report.. AM Best’ s composite of U.S. and Bermuda reinsurers consists of seven reinsurance groups domiciled in either the United States or…
Continental General Insurance Company, today announced that it has finalized an agreement to recapture the risk from a block of life and long-term care policies from Munich Re Life US, part of Munich Re Group and a leader in risk assessment and reinsurance. The Company inherited the reinsurance structure in 2018 when it acquired Kanawha Insurance Company…
A statement filed by the company with the U.S. Securities and Exchange Commission warned that premiums collected from its auto insurance policyholders could exceed what "s allowable by Florida law over three years, Insurance Journal first reported earlier in August. Where can Florida home insurance customers sign up? Florida homeowners would likely settle…
2025 AUG 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“ PREPARE. PREVAIL.” by Cedric DeLaCruz THE HARTFORD INSURANCE GROUP, INC., representing Hartford Fire Insurance Company. The registrar information for this…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of INPEX Insurance, Ltd.. The outlook of these Credit Ratings is stable. Additionally, IIL’s potential credit risks from its high reinsurance dependence for underwriting large risks are partially mitigated by the good credit quality of its reinsurance panel…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Macau Insurance Company Limited. The outlook of these Credit Ratings is stable. The special dividend was executed in two stages, June 2023 and June 2024, with the majority being settled by the transfer of equity investments, which lowered the equity securities…
Armada Acquisition Corp. II today announced that it has completed a Sponsor Securities Purchase transaction under which Arrington XRP Capital Fund, LP has acquired the securities of Armada Acquisition Corp. II owned by Armada Sponsor II LLC, the sponsor of Armada. Under the terms of the Sponsor Securities Purchase Agreement, Arrington purchased 7,880,000…
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Ratings to“ a-” from“ bbb+” of Reaseguradora Delta, S.A. and Reaseguradora Delta, C.A.. The outlooks of these Credit Ratings have been revised to stable from positive. Founded in Panama in 2010, Delta Panama offers treaty and facultative reinsurance for several lines of…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Eureka-Re SCC. Eureka, established in Barbados in 2009, is a regional reinsurer in Latin America. While most of the premium taken by the company is sourced from Latin America, it has diversified internationally, investing in seasoned personnel and systems.
The Best’ s Market Segment Report,“ Global Life/Annuity Reinsurers’ Capital Management Strategies Evolve to Achieve Target Returns and Meet the Needs of Cedents,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. According to this report, AM Best continues to observe an increase in reinsurance…
Accelerant Holdings, a leading technology company operating a data-driven risk exchange platform for the specialty insurance market, today announced financial results for the second quarter ended June 30, 2025. 1. Over the last 12 months, Accelerant generated $3.8 billion of Exchange Written Premium, including $1.1 billion in the second quarter alone— a 42%…
PEMBROKE, Bermuda—- AXIS Capital Holdings Limited, today announced that Vince Tizzio, President and CEO, and Peter Vogt, CFO, are scheduled to present at the 2025 KBW Insurance Conference in New York. AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. For more information about…
AM Best will deliver a presentation at the Reinsurance Association of America’ s“ Re Underwriting 2025: The Art and Science of Reinsurance Underwriting– Fundamentals and Current Issues,” event, which will take place Sept. 4-5, 2025, in New York, NY, at The Westin Grand Central Hotel. The session is scheduled for 9:45 a.m. -10: 45 a.m. on Friday, Sept. 5.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Allianz Ayudhya General Insurance Public Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect AAGI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business…
