light idea

Guernsey moves to expand US market access with NAIC recognition application

The Guernsey Financial Services Commission has welcomed the announcement by the US National Association of Insurance Commissioners (NAIC) of the jurisdiction application for Qualified Jurisdiction status. The application was lodged in July with the support of the Guernsey International Insurance Association and the States of Guernsey, and marks an important step toward improving the terms…

Read More
fitch ratings logo

Bermuda re/insurers post strong H1’26 results as cat losses ease: Fitch

Fitch Ratings, a global credit ratings and research agency, said Bermuda-based re/insurers delivered a strong financial performance during the first half of 2026, helped by a reduction in catastrophe-related losses. However, the company noted that challenging market conditions, including abundant capacity and strong competition, continued to weigh on pricing and premium growth. Fitch said conditions…

Read More