AM Best upgrades Kinsale’s Issuer Credit Ratings

AM Best has upgraded Kinsale Insurance Company’s Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed its Financial Strength Rating (FSR) of A (Excellent). The outlook for the Long-Term ICR has been revised to stable from positive, while the outlook for the FSR is stable. AM Best also upgraded Kinsale…

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Clearwater expands underwriting platform into Crisis Management market

Clearwater Underwriting, a specialty underwriting business focused on marine risks, has entered the Crisis Management market with the appointment of Tim Strong as Managing Director, Crisis Management. In his new position, Strong will build and lead Clearwater’s dedicated Crisis Management business, which will initially focus on Active Assailant and Terrorism & Political Violence, with plans…

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US inland marine insurance maintains strong underwriting performance despite market pressures: AM Best

The US inland marine insurance market continues to post stronger underwriting results than the wider property and casualty (P&C) insurance sector, although insurers are facing limited premium growth and increasing competition, according to AM Best, a global credit rating agency and provider of insurance industry data and analysis. AM Best’s latest Best’s Market Segment Report,…

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QBE promotes Jack Norman to Director of Financial Lines, International Markets

International business insurer QBE has appointed Jack Norman as Director of Financial Lines for its International Markets portfolio, based in London. In his new role, Norman reports to Kevin Shallow, Executive Director, International Markets, QBE. He will additionally join QBE’s International Markets leadership team and work closely with underwriting teams and product leaders to set…

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ICW Specialty introduces Legacy Solutions platform, led by Lisa Walsh

ICW Specialty, the specialty insurance business unit of ICW Group, has launched Legacy Solutions, a new platform designed to help self-insured corporations and other organisations manage and transfer long-term insurance liabilities, with Lisa Walsh to lead the new platform. Legacy Solutions is expected to go to market in September 2026, focusing on loss portfolio transfers…

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