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Milliman analysis: Competitive pension risk transfer cost decreased from 99.7% to 99.6% during June Competitive bidding process saves about 3.0% of buyout costs as of June 30
SEATTLE--(BUSINESS WIRE)--Milliman has just released the latest results of its Pension Buyout Index...
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AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Pillar Life Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Pillar Life Insurance Company (Pillar) (Harrisburg, PA).The Credit Ratings (ratings) reflect Pillar’s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.The sale of Pi...
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AM Best Revisa la Perspectiva a Positiva y Afirma Calificaciones Crediticias de Interplus Re Limited
CIUDAD DE MÉXICO--(BUSINESS WIRE)--AM Best ha revisado la perspectiva a positiva de estable y ha afirmado la Calificacion de Fortaleza Financiera (FSR, por sus siglas en inglés) de B (Adecuada) y la Calificación Crediticia de Emisor (ICR, por sus siglas en inglés) de Largo Plazo de “bb+” (Adecuada) de Interplus Re Limited (Interplus) (Barbados). Las calificaciones de Interplus reflejan la fortaleza de su balance, la cual AM Best evalúa como fuerte, así como su desempeño operativo adecuado, perf...
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AM Best Comments on Credit Ratings of Vantage Group Holdings Ltd.’s Members Following the Appointment of New Leadership
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of Vantage Risk Ltd. (Bermuda) and its affiliates, Vantage Risk Specialty Insurance Company and Vantage Risk Assurance Company (both domiciled in Wilmington, DE), which do business as Vantage Group, remain unchanged following an announced leadership change. Marc Grandisson, former CEO of Arch Capital Group Ltd. [NASDAQ: ACGL], has been appointed executive chairman of Vantage Group Holdings Ltd. (Vantage). Ad...
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AM Best Revises Outlooks to Positive and Affirms Credit Ratings of Interplus Re Limited
MEXICO CITY--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Interplus Re Limited (Interplus) (Barbados). The Credit Ratings (ratings) reflect Interplus’ balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The positive outlooks reflect AM...
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AM Best Affirms Performance Assessment of Keane Specialty Insurance LLC
AMSTERDAM--(BUSINESS WIRE)--AM Best has affirmed the Performance Assessment (assessment) of PA-4 (Fair) of Keane Specialty Insurance LLC (Keane) (United States). The outlook of this assessment is stable. The assessment reflects Keane’s strong underwriting capabilities, fair governance and internal controls, fair financial condition, fair organisational talent and weak depth and breadth of relationships. Keane is a delegated underwriting authority enterprise (DUAE) that is domiciled and regulate...
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AM Best to Sponsor, Exhibit and Speak at Vermont Captive Insurance Association’s Annual Conference
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will participate in sessions on leading factors affecting the captive insurance industry at the 2026 Vermont Captive Insurance Association’s (VCIA) Annual Conference. AM Best also will participate in other capacities, including as a platinum sponsor of the event. The VCIA conference takes place Aug. 11-13, 2026.During the conference, a group of AM Best analysts - Sharon Marks, director; Connor Brach, associate director; Kourtnie Beckwith, senior financial...
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Update: Jackson to Report Second Quarter 2026 Financial Results on August 3
LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced that it will release second quarter 2026 financial results after market close on Monday, August 3, 2026. Jackson’s press release and supplemental financial materials will be available at investors.jackson.com. Jackson will host a conference call and webcast to discuss the results at 10 a.m. ET on Tuesday, August 4, 2026. The live webcast is open to the public and can be accessed at investors.jackson....
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LTM Partners with Glean to Accelerate Enterprise AI Adoption
MUMBAI, India & PALO ALTO, Calif.--(BUSINESS WIRE)--LTM announced a strategic partnership with Glean, the enterprise AI platform to help organizations unlock greater value from their AI investments....
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Octave Specialty Group to Release Second Quarter 2026 Results on August 6, 2026
NEW YORK--(BUSINESS WIRE)--Octave Specialty Group to Release Second Quarter 2026 Results on August 6, 2026...