Insurance News

LONDON--(BUSINESS WIRE)--Reinsurers in sub-Saharan Africa have reported another year of robust underwriting results, maintaining rate adequacy amid moderating market conditions according to a new AM Best report.In its Best’s Market Segment Report, "Sub-Saharan Africa’s Reinsurers Maintain Robust Performance Amid Moderating Market Conditions", AM Best states that it still believes that the SSA reinsurance segment has substantial potential for continued and profitable growth and is expected to ben...

SINGAPORE--(BUSINESS WIRE)--AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing in part resilient macroeconomic fundamentals in the nation that continue to support premium growth prospects and operating earnings for insurers. 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 ma...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Trinidad & Tobago Insurance Limited (TATIL) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TATIL’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. TATIL...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Constitution Insurance Company (Constitution) (Cambridge, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Constitution’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ER...

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) will release its third quarter 2026 financial results on Wednesday, November 4, 2026, after the market closes. The earnings news release, financial supplement and related materials will be posted on MetLife’s Investor Relations webpage at investor.metlife.com. MetLife will hold its third quarter 2026 earnings conference call on Thursday, November 5, 2026, from 9-10 a.m. (ET) via a live webcast. Please click on the following link to register:...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Sparrowhawk Re SPC (Sparrowhawk) (Cayman Islands). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Sparrowhawk’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). Sparrowhawk’s bal...

NEW YORK--(BUSINESS WIRE)--Aon and Liberty Mutual are winners of the 2026 Global Innovation Awards and will be honored at the 2026 Global Insurance Forum at Lloyd's in London....

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Preliminary Credit Assessment (PCA) to American Sentinel Insurance (ASIC) (Jefferson City, MO) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The outlook assigned to this PCA is stable. This PCA has an effective date of Oct. 6, 2026. The PCA reflects ASIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance...

SAN FRANCISCO--(BUSINESS WIRE)--Bartko Pavia Secures Landmark Ruling by Judge Chatterjee on Standard of Review in Antitrust Cases; Will Shape Future Healthcare Antitrust Litigation...

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of MS First Capital Insurance Limited (MSFC) (Singapore). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MSFC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. In addition, the ratings...