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The Insurance Development Forum (IDF), a global public-private partnership that works with governments, insurers and international organisations to strengthen protection against climate and disaster risks, has announced the launch of a parametric agricultural insurance programme in Colombia designed to help thousands of smallholder farmers manage the financial impact of extreme weather. According to the Insurance…

AXA XL, the property and casualty specialty risk division of AXA, has entered into an agreement to acquire the remaining shares of S-RM, a specialist corporate intelligence and cyber security consultancy. Currently, AXA XL holds approximately 49% of S-RM. Subject to customary closing conditions, including the receipt of regulatory approvals, the transaction is expected to…

Credit rating agency AM Best has upgraded the credit ratings of the Fortegra Group, Inc., a wholly owned subsidiary of DB Insurance Co., Ltd. (DBI), who acquired the specialty insurer back in June. AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A (Excellent) from A-…

American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported an underlying combined ratio of 68.7% in the second quarter of 2026, compared with 62.2% in the same period a year earlier. The Q2’26 combined ratio comprised a loss ratio of 27.0%, up from 19.8% in Q2’25, and an expense ratio of…

Santam Syndicate 1918, a Lloyd’s syndicate and part of the Santam Group, has announced the appointment of Atang Matebesi as Chief Commercial Officer (CCO). In December 2025, Santam Group received final approval from Lloyd’s for Santam Syndicate 1918 to begin underwriting business from 1 January 2026. Matebesi brings a combination of insurance leadership, corporate finance,…