Insurance News

ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced it has been recognized as Reinsurer of the Year by the InsuranceERM Americas Awards 2026, an annual program recognizing companies excelling in insurance risk and capital management. The award recognizes a reinsurer that has delivered measurable reinsurance and risk transfer benefits over the past 18 months, while also demonstrating a strong culture of r...

ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces today the completion of a $300 million securitization of timeshare loans through Hilton Grand Vacations Trust 2026-2 (“HGVT”). Four classes of Notes were issued by the Trust, including approximately $118.8 million of Class A Notes, approximately $98.6 million of Class B Notes, approximately $51.1 million of Class C Notes and approximately $31.5 million of Class D Notes. The Class A Notes have a coupon rate of 4.83%...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” (Good) to the $750 million, 6.25% fixed rate junior subordinated notes, due 2056, of Prudential Financial, Inc. (Prudential) (Newark, NJ) [NYSE: PRU]. At the same time AM Best has assigned a Long-Term IR of “aa-” (Superior) to the $450 million, 5% medium term notes, due 2031, of PRICOA Global Funding I. The outlook assigned to these Credit Ratings (ratings) is stable. The proceeds of the...

--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) will release its second quarter 2026 financial results on Thursday, July 16, 2026, before the market opens, and will host a teleconference at 8:00 a.m. ET with analysts and investors. This call will be webcast on the Investor Relations page of the company’s website (www.unitedhealthgroup.com). The replay will be available through July 30, 2026, on the website. About UnitedHealth Group UnitedHealth Group (NYSE: UNH) is a healthcare and well-being...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to Ameriprise Financial, Inc.’s (Ameriprise) (Minneapolis, MN) recently announced USD 300 million, 4.8% senior unsecured notes, due 2031, and the USD 450 million, 5.35% senior unsecured notes, due 2036. The outlook assigned to these Credit Ratings (ratings) is stable.Proceeds from the offering are being used for general corporate purposes, including the repayment of outstanding senior notes m...

ATLANTA--(BUSINESS WIRE)--Sagility, a leading tech-enabled healthcare operations and transformation company, today announced its acquisition of CareSeed, a U.S.-based healthcare analytics company specializing in NCQA-certified HEDIS quality reporting, medical record review, chart abstraction, and regulatory analytics for health plans. Founded in 2012 and headquartered in Kansas City, Missouri, CareSeed serves 30 small and mid-sized U.S. payers, with a strong footprint in Medicare Advantage. The...

INDIANAPOLIS--(BUSINESS WIRE)--Gregory & Appel Insurance (G&A), a fiercely independent insurance and risk management advisor, announced that Matt Heincker has joined the organization as Employee Benefits Practice Leader. In his role, Heincker will help lead the growth of the Employee Benefits practice while developing a high-performing team of consultants who deliver a superior client experience. Heincker brings nearly 20 years of experience in employee benefits brokerage and leadership...

NEW YORK--(BUSINESS WIRE)--For the first time, the GEICO Gecko is stepping into a live, unscripted conversation. Today, the brand character appears as a real-time, AI-powered participant on the iHeartMedia podcast “Fudd Around and Find Out,” hosted by Azzi Fudd, the No. 1 overall pick in the 2026 WNBA draft and a guard for the Dallas Wings. The integration brings the Gecko to life in a dynamic new way, powered by AI technology developed and distributed in partnership with Framestore, The Martin...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Sommelier Insurance Group, LLC. This strategic acquisition strengthens Inszone’s presence in Omaha, Nebraska, and adds specialized expertise in several key commercial sectors to the Inszone network. Founded in September 2020 by Luper Akough, Sommelier Insurance Group, LLC was built on a commitment to provi...

HONG KONG--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to SAIC Motor Insurance Limited (SAIC Captive) (Hong Kong). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect SAIC Captive’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. Incorpo...