Trending News & Highlights |
| Whether reinsurers can maintain the discipline that produced profitable results is key, according to a new Best’s Market Segment Report discussed by Michael Lagomarsino, senior director, AM Best.
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| The life/annuity segment is fueling the industry’s Level 3 bond holdings, according to a new Best's Special Report discussed by Kaitlin Piasecki, industry research analyst, AM Best.
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| Aon plc will acquire brokerage and consulting firm USI Insurance Services from KKR for $17 billion, aiming to create what it said would be the "premier platform in the large and growing U.S. middle-market segment."
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| American International Group Inc. Executive Chair and board member Peter Zaffino will join Palantir Technologies Inc. as global head of financial services to drive "transformational impact" across the unit, the tech company said.
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| Lloyd's reported a 16.8% drop in its pretax profit in the first half of this year, as Chief Executive Officer Patrick Tiernan warned of compounding threats hitting at once and disclosed a £1.4 billion ($1.89 billion) loss due to the conflict in the Middle East.
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| Guy Carpenter has rebranded as Marsh Re and will offer the scale, reach and experience of the broader Marsh organization across interactions, Marsh Re President and Chief Executive Officer Dean Klisura said in a statement.
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| California’s Los Angeles County filed a lawsuit against State Farm General Insurance Co. alleging illegal delays, underpayments and other unfair business practices in relation to 2025 wildfire claims.
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| Texas Attorney General Ken Paxton is investigating TriWest Healthcare Alliance Corp. over allegations the company wrongfully denied claims from the federal Tricare program.
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| Marine mutual insurer Skuld issued a notice of cancellation of certain war risk cover in some areas in the Red Sea, Gulf of Aden and Indian Ocean, a move that came amid heightened tensions in the area.
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| Managing general agent Bamboo Insurance Services has filed for an initial public offering, according to a Form S-1 filed with the U.S. Securities and Exchange Commission.
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| Tokio Marine HCC International, a unit of Houston-based Tokio Marine HCC, announced it has signed a definitive agreement to acquire Direct Commercial Ltd., a commercial motor managing general agent in the United Kingdom.
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| Severe convective storms in Europe during mid-July caused an estimated €2.19 billion ($2.54 billion) industry loss across property and motor lines of business, catastrophe data firm Perils said in its initial estimate.
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| UnitedHealthcare is eliminating codes requiring prior authorization across all lines of business and reducing requirements for other plans effective Oct. 1 as part of the insurer’s wider commitment to reduce pre-approval requirements.
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| Australian managing general agent Emergence, which offers dedicated cyber coverage there and in New Zealand, said it has launched Emergence U.S., based in Florida.
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| Managing general agent Counterpart has expanded into lawyers' professional liability with coverage aimed at firms with up to 100 lawyers, as well as primary and excess limits of $5 million, it said.
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| International General Insurance Holdings Ltd. announced the launch of Bermuda-based treaty reinsurance managing general agent Cipher Underwriting Ltd, which it said will be artificial intelligence-integrated.
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| An insurance brokerage facing fraud allegations from CareFirst of Maryland Inc. is seeking to dismiss the health insurer’s complaint due to the expiration of state and federal statutes of limitation.
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| Swedish institutional investment firm EQT AB will acquire a majority stake in commercial broker McGill and Partners for $2 billion from Warburg Pincus, which backed the broker on its founding in 2019.
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| The Texas Department of Insurance said price optimization practices used to determine premiums are unfairly discriminatory and premiums should only reflect the associated risk.
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| California lawmakers rejected a bill the insurance and consumer groups said amounted to a bailout for utility companies responsible for wildfires, while approving a spate of claims- and notification-related bills.
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| Insurance trade and consumer groups are aligned in supporting California legislation to preserve insurers wildfire-related subrogation rights and help policyholders recover after catastrophes.
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| Illinois Democratic Gov. JB Pritzker signed an electric bike bill that requires insurance coverage and sets limits for vehicles that can travel at more than 28 mph, among other provisions.
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| U.S.-based, Chinese-heritage carrier Usurance Insurance Co. has received regulatory approval to write property coverage in Utah, as it seeks to attract U.S. and international businesses with significant cross-border operations.
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| PICC Property and Casualty Co. Ltd. reported higher six-month net profit as double-digit underwriting and investment income gains outpaced flat premium income in motor insurance, the group's largest line of business.
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| Prudential Life Insurance Co. Ltd., the Japan unit of Prudential Financial Inc., said annualized insurance premiums for new contracts dropped 84.3% in the first quarter amid a voluntary sales suspension.
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| The United Kingdom’s Fire Safety Reinsurance Facility is continuing to see growth and development a year after policy limits were increased, the Association of British Insurers said.
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Research |
AM Best has revised its outlook to stable from negative for Brazil’s reinsurance market, citing its resilience to weather-related events and favorable bottom-line results in 2025, driven by renewed underwriting discipline.
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AM Best has maintained its stable outlook on China’s non-life insurance segment, citing improved regulatory oversight, new growth opportunities and ongoing digitalisation and innovation.
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A new AM Best report delves into the growing capacity materializing in the combined property and casualty sidecars segment within the insurance-linked securities (ILS) market, placing a broad estimate for the niche segment at USD 17 billion to USD 19 billion.
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AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment amid implementation of Taiwan Insurance Solvency (TIS) and IFRS 17, as well as consistent premium expansion across retail and commercial lines.
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Despite softening pressures, the pricing environment for the reinsurance segment of Lloyd’s is expected to remain adequate and support positive underwriting performance in the near term, according to a new AM Best report.
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AM Best has maintained its stable outlook on the global life reinsurance segment, noting that it is led by highly rated, diversified, well-capitalized and experienced companies.
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AM Best has maintained its stable outlook on the global non-life reinsurance segment, noting that it remains fundamentally strong even as it moves past the peak of the hard property market.
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A composite of AM Best-rated U.S. and Bermuda reinsurers generated a fifth-straight year of underwriting profitability, even as premium growth fell sharply, according to a new AM Best report.
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AM Best expects insured losses from a recent earthquake in Peru to be limited due to low insurance penetration near the epicenter.
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AM Best expects insured exposure from damage in the catastrophic Nepal floods to be concentrated in a number of commercial risks, including hydropower generation assets, engineering and construction covers tied to infrastructure projects and commercial property along the impacted trade corridor.
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Capacity for the insurance-linked securities (ILS) market continues to reach new highs, fueled along by record-breaking catastrophe bond issuances, according to a new AM Best report.
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A new AM Best report notes an increased level of reinsurance leverage by U.S. life/annuity (L/A) companies ceding out business, which is being fueled by strong annuity product growth, higher interest rates, and further offshore transactions as a result of differing capital regimes.
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AM Best executives and analytical staff, in association with senior leadership from the Federation of Afro-Asian Insurers & Reinsurers (FAIR), will discuss AM Best’s (re)insurance rating methodology and the process undertaken by companies across Africa, the Middle East and Asia to obtain a Best's Credit Rating on Tuesday, 22 September 2026, at 9:00 a.m. GMT/UTC.
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The U.K. insurance regulator’s recently released consultation paper on a bespoke regulatory framework for single-parent insurance captives in the United Kingdom is expected to create a captive regime that compares well with other established captive domiciles, according to a new AM Best commentary.
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Rankings |
| Lincoln Financial Group surged into No. 7 on a list of U.S. life/health insurers ranked by disability income 2025 premiums for accident & health contracts, rising from 469 the prior year.
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| Berkshire Hathaway Insurance saw a 57.0% decline in ocean marine direct premiums written, according to a new Best's Rankings of U.S. property/casualty writers ranked by 2025 ocean marine DPW.
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| There was little change in the top 10 inland marine insurers in the United States this past year as the sector’s premiums rebounding from a down 2024, according to a new Best’s Rankings report.
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| Chubb INA Group maintained it top spot among U.S. property/casualty writers ranked by 2025 allied lines (total) direct premiums written as total DPW for the U.S. P/C industry rose 1.5% to $54.86 billion.
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