Saudi Re raises its share capital

Published on October 13, 2025
(saudi re) At the Extraordinary General Meeting held on 9 October 2025, Saudi Re shareholders approved a 46.6% increase in the company’s share capital, raising it from 1 158 300 000 SAR (308 671 892 USD) to 1 698 100 000 SAR (452 521 575 USD).The increase will be implemented through the issuance of
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AXIS Capital appoints Erik Rasmussen as Head of US Healthcare Reinsurance

October 13, 2025
AXIS Capital Holdings Limited, a global specialty underwriter and provider of insurance and reinsurance solutions, has announced the appointment of Erik Rasmussen as Head of US Healthcare Reinsurance.Based in St. Paul, Minnesota, Rasmussen will report to James “Jay” Hamilton, Global Head of Accident & Health, Insurance and Reinsurance.In this role, he will lead the AXIS US Healthcare Reinsurance t

Private credit gains traction in insurers’ investment portfolios: S&P

October 13, 2025
S&P Global Ratings, a provider of credit ratings, research, and analytics, reports that private credit is increasingly becoming a significant part of North American insurance companies’ investment portfolios.According to S&P, this shift reflects broader trends within the financial services industry, where insurers and other fixed-income investors are turning to private credit as a means of achievi