moodys logo new

Growing private credit exposure raises liquidity and concentration risks for US life insurers: Moody’s

Credit rating agency Moody’s Ratings reported that U.S. life insurance companies are increasing their investments in private credit and other illiquid fixed income assets, leading to increased liquidity, concentration and credit risk across the industry. According to Moody’s Ratings, U.S. life insurers’ exposure to private credit and illiquid fixed income assets is increasing in size,…

Read More
mexico flag image

Mexico lifts 2026–2027 parametric-led insurance cover to $596.3m

The Mexican government is strengthening its commitment to protecting people from natural disasters by updating its catastrophe insurance program for 2026-2027 and doubling the amount of coverage to 10.4 billion pesos ($596.3 million). According to a government announcement, this update will expand the state’s ability to protect public assets and provide timely assistance to people…

Read More
am best logo

Mindanao earthquake insured losses to be limited due to Philippines’ protection gap: AM Best

AM Best expects the Mindanao earthquake to cause multiple economic losses, particularly damage to property and infrastructure, but due to the Philippines’ catastrophe protection gap, insured losses are expected to account for only a small portion of the total economic losses. On June 8, 2026, a 7.8-magnitude earthquake struck the southern Philippines. AM Best predicts…

Read More
mexico flag image

Mexico lifts 2026–2027 insurance protection to $596.3m

The Mexican government is strengthening its commitment to protecting people from natural disasters by updating its catastrophe insurance program for 2026-2027 and doubling the amount of coverage to 10.4 billion pesos ($596.3 million). According to a government announcement, this update will expand the state’s ability to protect public assets and provide timely assistance to people…

Read More
mexico flag image

Mexico lifts 2026–2027 insurance protection to $596.52m

The Mexican government is strengthening its commitment to protecting people from natural disasters by updating its catastrophe insurance program for 2026-2027 and doubling the amount of coverage to 10.4 billion pesos ($596.3 million). According to a government announcement, this update will expand the state’s ability to protect public assets and provide timely assistance to people…

Read More
gallagher logo 1

Gallagher expands Middle East operations with new strategic investment

Global insurance brokerage, risk management and advisory firm Gallagher has acquired a majority stake in ACE Re Gallagher Arabian Reinsurance Brokers, further strengthening its commitment to supporting customers and businesses in the Kingdom of Saudi Arabia. The management team of ACE Re Gallagher Arabian Reinsurance Brokers will reportedly make a seamless transition to the new…

Read More