Trending News & Highlights |
| Durable program changes have raised the floor for return on equity over the past three years, according to a new Best's Market Segment Report discussed by Helen Andersen, industry research analyst, AM Best.
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| The stable outlook on Vietnam's nonlife insurance segment reflects robust demand, technology adoption and healthy macroeconomic factors, according to a Best's Market Segment Report discussed by AM Best Senior Financial Analyst Ken Lau.
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| Retiring Erie Insurance President and Chief Executive Officer Tim NeCastro said he envisions a time in the not-too-distant future when a single, "very well-paid" employee, aided by several artificial intelligence assistants, handles the work completed a few years ago by 10 people.
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| Group insurance at New York Life Insurance Co. will look very different in five years, according to Scott Berlin, head of its group benefits solutions.
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| Aviva plc reported group operating profit rose 24% in the first half of 2026 to £1.33 billion (US$ 1.8 billion) as it saw broad growth and remained on track to meet its three-year financial targets.
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| Talanx AG earnings were 9% up for the first half of 2026 on growth across the board and better-than-expected results in large loss payments.
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| Allstate Corp. estimates it suffered $682 million in pretax catastrophe losses in July.
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| Cyber reinsurance underwriter Envelop Risk said it gained in-principle approval from Lloyd's to launch Envelop Syndicate 1925, which would transition the entity from a special-purpose arrangement.
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| Aon plc has launched Sidecar X, a platform offering up to $200 million in capacity for transactional risks.
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| Hurricane Lala's strong winds and heavy rainfall damaged houses and infrastructure and caused what could be months-long power outages as it passed just offshore the Big Island of Hawaii on Aug. 15, possibly leaving a large industry loss in its wake, according to a Cotality report on the event.
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| Officials in Alberta have released regulatory details needed so insurers can start to set rates and prepare renewal notices under a no-fault automobile insurance system taking effect at the start of the new year, according to the Insurance Bureau of Canada.
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| Canadian insurers incurred an estimated C$439 ($316.4 million) in losses after severe thunderstorms hit parts of southern Ontario and Quebec between June 30 and July 3, according to Perils subsidiary CatIQ.
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| Holding company TWG Global LLC said it has entered into a definitive agreement to exchange as much as $6.5 billion worth of affiliated investments held by Delaware Life insurance Co. for an equal amount of non-affiliated investments.
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| Aegis London launched a cross-class digital follow consortium in the Lloyd's market in collaboration with managing general agent Augentic.
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| Global broker Willis Re has definitively agreed to acquire BMS Re US in a deal that will greatly accelerate its expansion into the United States, according to board member Lucy Clarke.
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| Munich Re said it will acquire insurtech At-Bay Inc. at an enterprise value of $575 million, giving the reinsurer greater access to the U.S. small and medium enterprise cyber insurance market.
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| HDI Global posted a 7% rise in first-half net income as the corporate and specialty insurer reported international growth and below-budget natural catastrophe losses.
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| Aegon Ltd. will hold a shareholder meeting in October to seek approval for its redomiciling to New York City as the group posted a slight increase in first-half net income.
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| Standard Life plc announced a strategic partnership with other life insurers and institutional investors with a combined capital commitment of up to £2 billion ($2.73 billion) to expand the U.K. pension risk transfer market.
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| Oklahoma homeowners have filed suit hoping to force the state’s insurance regulator to release its market conduct exam into State Farm Fire and Casualty Co.’s claims-handling practices.
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| The Delaware Department of Insurance said it has tapped outside experts to help review the proposed acquisition of Brighthouse Life Insurance Co., a deal the regulator said is generating significant interest nationally and internationally.
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| The New Hampshire Insurance Department issued a bulletin offering guidance to health insurers on stop-loss insurance requirements, including rules for attachment points, claims calculation documentation and employer classifications.
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| The Bermuda Monetary Authority registered seven new insurance entities in July, bringing its total to 42 for this year.
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| The Guernsey Financial Services Commission said it has sought qualified jurisdiction status from the National Association of Insurance Commissioners.
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| Following due diligence delays, Steadfast Group Ltd. said it entered into an A$7.7 billion ($5.52 billion) agreement to be acquired by broker Amwins and a consortium of partners following board approval.
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| Sompo Holdings Inc. saw second-quarter consolidated net income of ¥240.33 billion ($1.51 billion), up from ¥150.82 billion the year prior, as its domestic property/casualty underwriting results improved and its overseas business saw higher investment income.
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| Hong Kong’s Insurance Authority reappointed Clement Cheung as chief executive officer for a term of three years running from Aug. 15 to Aug. 14, 2029.
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| Ping An Insurance (Group) Company of China Ltd. posted a 36.1% rise in first-half net profit and double-digit profit growth in the life/health segment outpaced a decline in property/casualty.
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Research |
The European “Big Four” reinsurers still have an appetite for property catastrophe reinsurance despite the rate softening, according to a new AM Best report.
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The amount of annuity reserves ceded offshore continued to increase in 2025 and now represent more than half of ceded annuity reserves as companies manage risk-based capitalization levels amid increased market competitiveness, according to a new AM Best report.
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The inland marine line of insurance coverage continues to outperform the broader U.S. property/casualty (P/C) sector on underwriting, while any premium growth remains limited and largely driven by inflationary factors and ancillary coverages, according to the new AM Best report.
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Foreign currency exchange gains against the U.S. dollar have enabled Munich Re and Lloyd’s to reach the top echelon in AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards.
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Total dedicated reinsurance capital is projected to grow to a new record level of USD 705 billion in 2026, reflecting the continued expansion of Bermudian reinsurers and diversification in capital deployment across the segment, according to a new AM Best report.
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An earthquake that struck the western part of Colombia this week is expected to generate insurance claims across several lines of coverage, particularly related to commercial and residential property claims, according to a new AM Best commentary.
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For the third year in a row, global reinsurers generated returns well above the cost of capital due to positive underwriting results driven by repricing and derisking of reinsurance portfolios, according to a new AM Best report.
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AM Best will hold its long-standing annual Reinsurance Market Briefing at the 2026 Rendez-Vous de Septembre (Rendez-Vous) on Sunday, 6 September at 10:15 a.m. (CEST) at the Hotel Hermitage in Monte Carlo.
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Rankings |
| Accelerant Holdings and FWD Group Holdings Ltd. are both the largest Caribbean insurer, according to a new Best's Rankings.
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| U.S. life/health other health premiums for accident and health contracts in 2025 decreased 8.7% to $40.24 billion, according to a new Best's Rankings report.
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| U.S. life/health insurers saw disability income 2025 premiums for accident and health contracts increase 5.4% to $30.99 billion, according to a new Best's Rankings report.
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| United States accident and health premium contracts fell 40.2% for U.S. individual comprehensive hospital and medical insurers, according to a new Best’s Rankings report.
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| Hartford Insurance Group moved ahead of American International Group and Nationwide P&C group to become the No. 9 U.S. property/casualty insurer by asset distribution, according to a new Best's Rankings.
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