Jerusalem Insurance acquires 72% stake in Arabia Insurance Jordan

Published on September 25, 2025
(Jerusalem-Insurance) Jerusalem Insurance has completed the acquisition of 72% of Arabia Insurance Jordan’s capital, following approval from the relevant authorities.
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Ryan Specialty launches MGU Clach Casualty led by Adam Schnell

September 25, 2025
Ryan Specialty, an international specialty insurance firm, has launched Clach Casualty Underwriting Managers (Clach Casualty), a new managing general underwriter (MGU) focused on providing casualty insurance solutions for complex construction and habitational real estate risks.Clach Casualty began operations in September 2025, with its business exclusively distributed through U.S. wholesale broker

US P&C insurers post record $89bn investment income in 2024: AM Best

September 25, 2025
The US property and casualty (P&C) insurance industry generated a record $89 billion in investment income in 2024, marking a 20% year-over-year increase, according to AM Best.The firm reported that the growth was fuelled by higher interest rates, stronger returns from bonds, and increased contributions from cash and short-term holdings.AM Best noted that the Federal Reserve’s 425 basis point rate