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AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Luen Fung Hang Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect LFH’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and…

AM Best will speak and exhibit at the European Captive Forum, which will be held 5-6 November 2025 in Luxembourg. Riccardo Ciccozzi, director, market development– Europe, along with Roisin Gallagher, associate director, market development, also will be attending the forum and will be available to conduct bilateral meetings and answer questions about Best’ s…

Everest Group, Ltd., a global underwriting leader providing world-class property, casualty, and specialty reinsurance and insurance solutions, today announced the appointment of Anthony Vidovich as Executive Vice President and General Counsel, effective on or before January 5, 2026. Mr. Vidovich will report to Jim Williamson, Everest’ s President and Chief…

AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Compagnie Centrale de Réassurance. The assessment considers CCR’ s significant exposure to the elevated levels of economic, political and financial system risk associated with Algeria, where the company is domiciled, holds over 95% of its invested assets…

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ 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 the company competitively in the Hong Kong…

The Travelers Companies, Inc. today reported net income of $1.888 billion, or $8.24 per diluted share, for the quarter ended September 30, 2025, compared to $1.260 billion, or $5.42 per diluted share, in the prior year quarter. Core income in the current quarter was $1.867 billion, or $8.14 per diluted share, compared to $1.218 billion, or $5.24 per diluted share, in…

The lawsuit includes State Farm Fire and Casualty Insurance Co., State Farm Mutual Automobile Insurance Co., State Farm General Insurance Co., and Oglesby Reinsurance Co., all of which fall under the State Farm company. The suit is asking the courts to order State Farm to turn over documents and comply with the examination by the Illinois Department of…

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb+” of BTG Pactual Resseguradora S.A. and BTG Pactual Seguros S.A.. BTG Re is a domestic reinsurer in Brazil, operating predominantly in the surety segments in Brazil, Latin America, and recently, in Portugal and Spain, as part of its expansion strategy.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of the operating subsidiaries of Essent Group Ltd., which are Essent Guaranty, Inc. and Essent Reinsurance Ltd.. Essent’ s risk-adjusted capitalization, as measured by Best’ s Capital Adequacy Ratio, is at the strongest level, which is analyzed based on the company’…

Although the company’s investment portfolio is of good liquidity, asset risk is relatively high as assets are concentrated in Egypt, thereby exposing the balance sheet to the country’ s high economic and political risk and very high financial system risk. GIG- Egypt has a record of generating strong earnings despite the challenging operating conditions and…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Gulf Insurance Group– Jordan. GIG Jordan has a record of underwriting profitability and in 2024 achieved a combined ratio of 91.9% in 2024. GIG Jordan has experienced relatively stable investment returns; the company’ s net investment yield was 6.6% in 2024.

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of The West of England Ship Owners Mutual Insurance Association. West’ s balance sheet strength assessment is underpinned by risk-adjusted capitalisation at the strongest level at year-end February 2025, as measured by Best’ s Capital Adequacy Ratio.

AM Best will lead a session, sponsor and exhibit at the inaugural Thailand Reinsurance Conference, which is taking place 30 October to 1 November 2025 in Bangkok. AM Best is a corporate partner of the first-ever Thailand Reinsurance Conference, which will be held at the Athenee Hotel in Bangkok. The Thailand Reinsurance Conference was initiated by the Thai…

FoxPath Capital Partners, an independent alternative investment firm focused on credit secondaries, today announced a long-term partnership with Reinsurance Group of America, Incorporated, a leading global life and health reinsurer. Founded in 2023 by Tony Colarusso, Brian Laureano and Alexander Truss, FoxPath focuses on providing private market…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of the European Mutual Association for Nuclear Insurance. The outlook of these Credit Ratings is stable. The ratings reflect Emani’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business…