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Selective Insurance Group reported financial results for the second quarter of 2026, with net profit of $127.1 million and a combined ratio improvement of 98%. Net income increased 52% in the second quarter of 2026 from the same period last year, while the combined ratio decreased by 2.2 percentage points from 100.2% in the second…

Ageas Re, the reinsurance arm of international insurance group Ageas, reported strong growth in its third-party business during its January-July 2026 renewal campaign, driven by share gains in selected plans and significant new business generation. During the period, the reinsurer continued to expand its third-party business portfolio and further diversified its underwriting platform, although it…

Specialty insurance and reinsurance brokerage Price Forbes has announced the expansion of its cross-category tracking tool Lectio to include casualty insurance. Lectio initially launched in April 2021, providing Price Forbes clients and brokers with guaranteed exclusive capabilities. The platform began offering freight, physical, financial products, healthcare and marine insurance with a premium coverage of approximately…

Adam Bass has been appointed head of maritime and aviation treaties at international specialist insurer Hiscox, replacing market veteran Guy Ellis, who is retiring later this year. Bass joined Hiscox in 2006 as an art and coin underwriter, bringing extensive institutional knowledge and technical expertise to the position. He then moved to the Maritime and…

Credit ratings agency AM Best has assigned MS Transverse’s new excess and surplus (E&S) entity Newhall Specialty Insurance Company (NSIC) a financial strength rating of A+ (senior) and a long-term issuer credit rating of “aa” (senior) with a stable outlook. MS Transverse Insurance Group is a property and casualty insurance company, a subsidiary of Mitsui…

Tokio Marine HCC (TMHCC), a specialty insurance company headquartered in Houston, Texas, announced the appointment of Megann Pfeffer as president of its public risk group, effective immediately, reporting to Matt Overlan, chief executive officer of Tokio Marine HCC – Specialty Group. Pfeffer joined the organization in 2022 as chief operating officer of the public risk…

AM Best has revised the outlook for FGH Parent, LP and its subsidiaries (collectively, Fortitude Re) to stable from negative and affirmed its financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent). FGH Parent, LP’s insurance and reinsurance subsidiaries include Fortitude Reinsurance Company Ltd., Fortitude Life Insurance & Annuity Company…

Alliances and active insurance companies focus on Prevent digital risks, launched Login Security is a new feature in its cyber risk management platform, Coalition Control, that helps small and medium-sized businesses (SMBs) prevent business email compromises (BEC). To help prevent BEC (which will grow 15% by 2025 and become the number one driver of cyber…

Mapfre’s reinsurance arm Mapfre Re announced a net profit of 186 million euros in the first half of 2026, a year-on-year increase of 24.6%. This performance was driven by strong results from the Reinsurance division, which increased net profit to more than €165 million, maintaining stable premium income despite weak market conditions and further improving…

Kinsale Capital Group, Inc. reported net income of $175.9 million in the second quarter of 2026, an increase of 31% from $134.1 million in the same period a year earlier. Net income included an after-tax catastrophe loss of $4.2 million, compared with $2.9 million in the second quarter of 2025. Gross written premiums decreased 5%,…