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NJ Market Conduct Exam Results: Geico Returns $10.5 Million of Premium, Fined $1.2 Million
Government Employees Insurance Co., the state's largest personal auto insurer. The market conduct exam started in September 2024, regulators said, and the insurer was cited for: ...
Source: BestWire   Date: October 22, 2026
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Citing Geopolitical Risks, Willis Launches Defense and Security Initiative
Willis said in a statement. "The defense and security sector plays an increasingly important role in national resilience, economic stability and technological innovation," said ...
Source: BestWire   Date: October 22, 2026
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AM Best Assigns Credit Rating to Ascot Insurance Guernsey Limited, Affirms Credit Ratings of Ascot Group Limited’s Core Operating Subsidiaries
Ascot Bermuda Limited (Ascot Bermuda) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A (Excellent) and ...
Source: Press Releases   Date: October 22, 2026
AM Best Assigns Credit Rating to Ascot Insurance Guernsey Limited, Affirms Credit Ratings of Ascot Group Limited's Core Operating Subsidiaries
Ascot Bermuda Limited (Ascot Bermuda) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A (Excellent) and ...
Source: BestWire   Date: October 22, 2026
Chubb CEO: Commercial Lines Dampened by 'Naive Capital'
Casualty pricing is under pressure, but Chubb is nimble, he said. The adverse impact on growth was about 4.5 points as Greenberg said he expects North America commercial growth to ...
Source: BestWire   Date: October 21, 2026
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Chubb Posts Slight Third-Quarter Profit Hike as Catastrophe Losses Jump
Chubb Ltd. reported higher third-quarter net income despite increased catastrophe losses on record investment income. Third-quarter net income rose to $2.84 billion from $2.80 ...
Source: BestWire   Date: October 20, 2026
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Aon: Insured Losses Possible From Cyberattack on French Supermarkets
Middle East, Africa, Aon, in an email to BestWire. "Cyber cover would ordinarily be expected to respond to covered incident-response costs such as forensic investigation, legal ...
Source: BestWire   Date: October 16, 2026
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Credit Insurer Credeq Gets Lloyd's OK for New Syndicate
Africa and North America.. HDI Global UK & Ireland recently said it gained in-principle approval from Lloyd's to establish a new syndicate as part of the group's growth strategy ...
Source: BestWire   Date: October 16, 2026
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Tokio Marine Kiln Confirms $75 Million Lloyd's Cyber Consortium
... Tokio Marine Holdings nc. have current Best's Financial Strength Ratings of A++ (Superior), A (Excellent) and A- (Excellent). Lloyd's is rated A+ (Superior) by AM Best. (By David ...
Source: BestWire   Date: October 15, 2026
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Price Forbes Launches $1 Billion London Market Cargo, Terrorism Facility
April 2021 to provide guaranteed access to exclusive capacity. The platform initially offered cargo, specie, financial products, health care and marine insurance with about $350 ...
Source: BestWire   Date: October 12, 2026
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MGA Athena Re Receives Approval as Lloyd's Coverholder
...Pacific and Latin America. Chrispin Onyancha, chief executive officer of the MGA, said Athena Re was organized on the idea that "the markets experiencing some of the strongest ...
Source: BestWire   Date: October 8, 2026
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Hartford Insurance International Chief: Specialty Lines Fuel Growth Momentum
Hartford Underwriting Agency Ltd. - Syndicate 1221. With its focus on the specialty lines, Hartford International has a "narrow and deep" strategy, he said. Growth in these lines ...
Source: BestWire   Date: October 8, 2026
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Axa XL Enters Electric Vehicle Data Deal With Gecko Risk
Poonam Jivram, head of motor underwriting, Axa XL, U.K. and Lloyd's. "The growing number of EVs in commercial fleets means fleet operators are facing a risk landscape that is not ...
Source: BestWire   Date: October 8, 2026
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London's Clear Group Acquires Broker Commercial Risks and Its MGA Troon Underwriting
Group said in a statement. Terms of the deal were not disclosed, and the company could not be immediately contacted for comment. Commercial Risks specializes in commercial ...
Source: BestWire   Date: October 6, 2026
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Mosaic Launches European Political Violence Coverage With $112.3 Million Capacity
...Having already established direct capacity in the U.S. and Dubai markets, we have now expanded into Europe with this line of business by taking advantage of our Cologne presence ...
Source: BestWire   Date: October 2, 2026
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Zurich CEO: Beazley Deal Creates Specialty Group With $1 Billion in Annual Growth
Global Specialty, subject to regulatory approval. Adrian Cox will leave Beazley as the organization begins its next phase, Zurich said. Helen Pickford, current chief financial ...
Source: BestWire   Date: October 2, 2026
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Generali in $168.5 Million Bancassurance Deal With Spanish Bank
Generali said in a statement. "The investment further strengthens the strategic alignment between the two companies and reinforces Generali's position as a leading insurance ...
Source: BestWire   Date: October 2, 2026
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AM Best Affirms Credit Ratings of Chubb Perú S.A. Compañía de Seguros y Reaseguros
Credit Ratings (ratings) is stable. The ratings reflect Chubb Perú's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, ...
Source: BestWire   Date: October 1, 2026
AM Best Affirms Credit Ratings of Chubb Perú S.A. Compañía de Seguros y Reaseguros
Credit Ratings (ratings) is stable. The ratings reflect Chubb Perú's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, ...
Source: Press Releases   Date: October 1, 2026
Court Orders Chubb Subsidiaries to Pay $30 Million Over Demolished Coal Building in West Virginia
District of West Virginia that enforced an earlier jury finding Sept. 25 in the case. The suit, which was filed in 2019, began with the collapse of a conical hopper inside a Ramaco ...
Source: BestWire   Date: September 30, 2026
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