AM Best upgrades Milli Re's rating

Published on September 1, 2025
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Magazine Issue: 
Artificial intelligence: prospects and challenges
Magazine date: 
Jul 2025

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Premia Re gets A- rating from AM Best

September 1, 2025
Credit ratings agency AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Premia Reinsurance Ltd., Bermuda.The outlook assigned to these ratings is stable.Premia Re operates in the non-life run-off market. The firm is a flagship reinsurer of the greater Premia Group, a global insurance and reinsurance group specialisi

Softening reinsurance market could drive M&A opportunities: Fitch

September 1, 2025
According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish and players with accumulated capital mull takeovers of companies less successful in the hard market.In a recent report, Fitch noted that in 2025, there was no major and very limited reinsurance market consolidation activity, as trend