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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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JD Vance Says Hecklers At Rally Are ‘Bulls**t’

Two rally stops earlier this week offered the latest glimpse into Vice President JD Vance’s cumbersome attempts to add more edge to his language, especially toward hecklers. And … it’s reportedly not really working for him — unless you find “Napoleon Dynamite”-level insults intense. Demonstrators heckled Vance during stops in Montana and Kansas on Monday….

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Trump Claims He’ll Soon Officially Ban The Term ‘Artificial Intelligence’

Donald Trump is considering drastic steps to ensure people stop saying “artificial intelligence” or “AI” and start using his preferred term “super intelligence” instead. The president took to his Truth Social platform on Tuesday to complain that The Wall Street Journal keeps using the long-accepted terms AI/artificial intelligence instead of immediately falling in line with…

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