AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Canopius US and Canopius Re, wholly owned subsidiaries of Canopius Group.

James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, said that softening rates, abundant capital, and strategic repositioning are setting the stage for 2026 to be a defining year for reinsurance mergers and acquisitions (M&A).

Amid a crippling drought characterised by a delayed onset of rains and prolonged dry spells, refugees at Dzaleka Camp in Malawi received funds last month to prepare for the new agricultural season.

Global credit ratings agency AM Best, has confirmed that it is maintaining its outlook on Malaysia’s non-life insurance segment at Stable.

Convr AI, an artificial intelligence (AI) company serving commercial insurance organisations, has announced that Lucid Insurance Group will utilise its underwriting workbench to gain greater speed, accuracy and efficiency in their operations starting in 2024.

Bay Harbor Re, a provider of reinsurance solutions for the US property and casualty market, has announced the appointment of José Olivares as Sr. Treaty Underwriter, effective June 30, 2025.

U.S.-based mortgage insurance specialist NMI Holdings has appointed Aurora Swithenbank as Executive Vice President (EVP) and Chief Financial Officer (CFO), effective May 1, 2024.

Amphitrite Underwriting London (Amphitrite), a prominent marine Managing General Agent (MGA), has obtained full authorization from the UK Financial Conduct Authority (FCA), effective as of January 31, 2024.

Insurtech wefox Holding AG, at its General Meeting, saw investors reaffirm their support for the company by providing an immediate fresh capital injection of €25 million.