Kuwait: Gulf Insurance Group upgraded To 'A+' on group uplift

Published on June 26, 2025
S&P Global Ratings (S&P) has raised its long-term issuer credit and insurer financial strength ratings on Gulf Insurance Group (GIG) and Gulf Insurance and Reinsurance Co to 'A+' from 'A'. The
Continue reading on website
Other news

Canada Life Re to cease new business for US traditional life mortality risk reinsurance

June 25, 2025
Canada Life Reinsurance, part of financial services holding company Great-West Lifeco, has decided to stop new business for its US traditional life mortality risk reinsurance line, known as U.S. Trad Life, as the firm looks to focus on its core markets.The reinsurer explains that a key driver of its decision to cease new US Trad Life business is expanding the resources devoted to the structured re

Accenture invests in Reserv to drive growth in claims ecosystem

June 26, 2025
Professional services firm Accenture has invested in Reserv, an insurance claims processing company that complements deep claims expertise with AI-driven solutions through Accenture Ventures, with the terms of the transaction undisclosed.The investment will enable the pair to collaborate on claims solutions which are more accurate and efficient, helping underwriters and claims professionals delive