AM Best has placed the credit ratings of Aviva under review after the UK insurer reached a formal agreement to buy rival Direct Line Group for ~£3.7bn ($4.6bn).

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit Rating of “a-” (Excellent) of London-listed pure-play reinsurer Conduit Reinsurance Limited.

Fitch Ratings and Moody’s have maintained their respective neutral and stable outlooks on US property and casualty insurance industry and carriers heading into 2025, citing the sector's personal lines recovery, strong underwriting profitability and robust balance sheets among its participants, despite ongoing challenges like catastrophe losses and claims inflation.

AM Best has maintained its negative outlook for Germany’s non-life insurance segment, citing moderate growth prospects on an inflation-adjusted basis and the impact of persistent claims inflation on underwriting profitability.

Morningstar DBRS has changed Toronto-based Trisura Group's trend to positive from stable and confirmed all ratings in response to its recent performance, growth and "significant” risk management enhancements.

Generali's financial strength rating has been upgraded to A+ (Superior) from A (Excellent) by AM Best.

AM Best has affirmed Brit Re's financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent).

Moody’s expects Lloyd’s of London’s strict underwriting discipline and strong earnings to continue to bolster its credit strength in 2025, although the rising cost of US casualty claims and their impact on reserving remains a “weak spot”.

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of the property casualty subsidiaries of CNA Financial.

Fitch Ratings has affirmed its neutral outlook for the European insurance sector for 2025, reflecting operational and business conditions, disciplined pricing, easing inflation and moderating P&C premium rates.

Despite substantial economic and capital market volatility, the US commercial lines market has maintained its strong underwriting performance, while the sector has also managed to sustain risk-adjusted pricing across most product lines amid moderating inflation.

US personal lines carriers’ improved underwriting performance, better catastrophe risk management practices and rising investment yields have prompted AM Best to revise its outlook on the sector to stable from negative.

AM Best has upgraded Texas Mutual Insurance Company’s financial strength rating to A+ (Superior) from A (Excellent) and its long-term issuer credit rating to “aa-” (Superior) from “a+” (Excellent), with a revised outlook from positive to stable.

AM Best has revised the outlook from stable to positive on the A financial strength rating and 'a' long-term issuer credit rating of Group Ark Insurance Limited (GAIL), pointing to the (re)insurer’s “effective cross-cycle underwriting management” and sub-90 combined ratio over time.

AM Best has revised its outlook for the five companies operating under the Berkshire Hathaway Guard Insurance Companies from stable to negative, while affirming the A+ (Superior) Financial Strength Rating and “aa-” Long-Term Issuer Credit Ratings.