Africa Specialty Risks expects IFS ratings upgrade 'in coming months'

Published on August 6, 2025
Moody's Ratings (Moody's) has changed the outlook on its 'Baa1' insurance financial strength rating (IFSR) for ASR Re to 'Positive' from 'Stable', with the group expecting its ratings to be upgraded
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Property cat ROEs ‘still very attractive’, rate declines not always across the board: Arch CEO

August 5, 2025
Bermuda headquartered insurance and reinsurance company, Arch Capital Group Ltd., expanded its property catastrophe reinsurance writings, particularly in Florida, during the second quarter of 2025, and Chief Executive Officer (CEO), Nicolas Papadopoulo, believes that ROEs in the line remain “very attractive.”Group-wide, Arch expanded its gross premiums written (GPW) by more than 15% year-on-year i

J.C. Flowers acquires Italian insurance brokerage Caleas

August 6, 2025
J.C. Flowers & Co. (JCF), a private investment firm dedicated to investing in the financial services industry, has announced that investment vehicles affiliated with JCF (JCF Funds) have acquired Caleas Srl, a Milan-based insurance brokerage.This acquisition is part of JCF’s ongoing strategy to consolidate its presence in the Italian insurance market.The Caleas acquisition marks the fifth investme