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S&P assigns first-time ratings to Peak Re

S&P Global Ratings has assigned a first-time A- long-term issuer credit and financial strength rating to Peak Reinsurance Company Limited (Peak Re), a Hong Kong-based global reinsurer, with a stable outlook. The ratings from S&P complement Peak Re’s existing financial strength ratings of A- (Excellent) from AM Best and A3 from Moody’s. S&P highlighted Peak…

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Arch’s reinsurance unit delivers $393m underwriting profit in Q3’26 despite lower premiums

Arch Capital Group’s reinsurance segment generated $393 million in underwriting income in Q3 2026, retaining its position as the group’s largest underwriting contributor and delivering a 78.3% combined ratio despite lower premium volumes than a year earlier. Underwriting income in the reinsurance segment fell from $482 in Q3 2025, while net premiums earned declined 10.3%…

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RenRe trims property book as underwriting result offsets losses in casualty and specialty segment

Bermuda-based reinsurer RenaissanceRe Holdings Ltd. generated underwriting income of $426.1 million in the third quarter of 2026, as an underwriting gain in the property segment more than offset losses in the casualty and specialty segment, while mark-to-market losses of $879.8 million pushed the firm to an overall net loss of $161.4 million in the quarter….

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