IFC Targets $50m Guarantee Support for African Reinsurer ZEP-RE
The International Finance Corporation is arranging a guarantee facility of up to $50 million to cover the reinsurance credit risk of ZEP‑RE, Africa’s leading reinsurer based in Nairobi. The guarantee, paired with advisory services, will enable ZEP‑RE to underwrite more profitable, higher‑quality business and broaden its digital insurance offerings for smallholder farmers and SMEs, including women‑owned enterprises. IFC expects the program to boost agricultural insurance access, expand the continent’s insurance market, and narrow the protection gap. The initiative underscores growing private‑sector confidence in Africa’s risk‑mitigation ecosystem.
The Fidelis Partnership Announces Underwriting Leadership Promotions
The Fidelis Partnership (TFP) announced a series of senior promotions, naming Grahame Dawson as Head of D&F – London, Mel Puskar as Group Head of Credit, Oliver Searles as Head of Energy, and Jamie Graham as Head of Cargo. Additional promotions include...
Chubb Names Seshadri Iyer to Lead Global Operations, Technology & Digital Transformation
Chubb announced that Seshadri Iyer will assume the role of Executive Vice President, Operations, Technology and Digital Transformation on 6 April 2026, succeeding retiring veteran Julie Dillman. Iyer arrives from Boston Consulting Group after nearly two decades, most recently serving as North...
Marine War Risk Market ‘Operating as Expected’ Amid Middle East Hostilities: IUA
The International Underwriting Association (IUA) says the marine war‑risk market is functioning as expected despite the escalating hostilities involving Iran. Insurers continue to provide coverage across multiple lines, while shipping through the Strait of Hormuz has stalled for safety reasons...
AXA XL Appoints Leyla Delic as Chief Technology and AI Officer
AXA XL, the specialty risk arm of AXA, has named Leyla Delic as its new Chief Technology and AI Officer. Based in London, Delic will report directly to CEO Scott Gunter and Group CTO Matthieu Caillat. She arrives with more...
DUAL and LSM Form Property and Financial Lines Partnership in Latin America
DUAL Latin America has teamed up with Liberty Specialty Markets Latin America to expand Property and Financial Lines capacity for middle‑market brokers across the region. The alliance targets Property lines in Mexico and Central America while offering Financial Lines coverage...
Markel Adds Jamie Smith as London Underwriting Manager – US Cyber Lead
Markel Insurance has appointed Jamie Smith as London Underwriting Manager – US Cyber Lead, reporting to Dan Fox. Based in London, Smith will oversee the US cyber segment of Markel’s London Market portfolio, driving growth and broker engagement. His responsibilities...
Aon Signs Multi-Year Deal with VIPR to Automate Delegated Authority Processes
Aon has signed a multi‑year agreement with VIPR Solutions to automate its delegated authority operations across its global reinsurance platform. The partnership will deploy VIPR’s cloud‑native suite for bordereaux management, data analytics, and coverholder administration, aiming to improve transparency, data...
Greenlight Re Reports Record Underwriting Income in 2025
Greenlight Capital Re posted a record net income of $74.8 million for 2025, up from $42.8 million in 2024, driven by an 11% rise in gross premiums written to $773.3 million. Net underwriting income swung to $35.7 million from an $8.2 million loss, pushing the...
Beazley to Acquire US Renewable Energy MGA kWh Analytics
Beazley announced the acquisition of U.S. renewable‑energy MGA kWh Analytics, embedding the firm into its Marine, Accident & Political (MAP) Risks team. CEO Jason Kaminsky will report to MAP head Tim Turner, reinforcing Beazley's transition‑underwriting strategy. The deal adds kWh’s...
Fidelis Entered Into Long-Term, Portfolio-Wide Partnership with OAK Global at Jan 1
Fidelis Insurance Group completed an investment in Oak Global late last year and announced a portfolio‑wide partnership effective with the January 1 2026 renewals. The deal provides Fidelis capital to Oak’s Lloyd’s syndicates, including the newly launched Syndicate 1440 for retrocession and Syndicate 2843...
IRDAI Approves Registration of Allianz Jio Reinsurance & Kiwi General Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) granted registration to Allianz Jio Reinsurance Limited and Kiwi General Insurance Limited at its 134th meeting on March 9, 2026. Kiwi, co‑founded by former Tata AIG CEO Neelesh Garg, had cleared the R1...
EDME Insurance Brokers Appoints Vinod Krishnan as Global CEO, Treaty Reinsurance
EDME Insurance Brokers, a leading Indian reinsurance broker, has named Vinod Krishnan as Global Chief Executive Officer of its treaty reinsurance division. Krishnan brings 36 years of experience, including senior roles at Aon Benfield, Gallagher Re, Guy Carpenter, and JLT...
SPG Expands Speciality Property Insurance Platform with Proper Insurance Acquisition
Specialty Program Group (SPG) announced the acquisition of Proper Insurance, expanding its specialty property platform into the short‑term rental market. Proper provides commercial coverage that replaces standard homeowner or landlord policies and is licensed in all 50 U.S. states, backed...
Lockton Re to Deploy Agentic AI to Streamline, Drive Growth
Lockton Re, the reinsurance arm of the global broker, has teamed with digital‑transformation firm Synechron to launch the Agentforce 360 platform, Salesforce’s agentic AI solution. The platform is tightly integrated with Salesforce Financial Services Cloud, giving AI agents access to...
New MGA Elitium Enters Market with Focus on Manufacturing Businesses & Unoccupied Properties
Elitium, a new managing general agent incubated by Mission, has launched a commercial combined insurance program targeting manufacturing trades and well‑maintained unoccupied residential and commercial properties. Co‑CEOs Linda Bichener and Leah Miller, former DUAL underwriters, emphasize expert‑led underwriting and direct...
BHSI Names Rory O’Broin Global Head of Transactional Liability
Berkshire Hathaway Specialty Insurance (BHSI) appointed Rory O’Broin as Global Head of Transactional Liability. O’Broin will lead the insurer’s transactional liability operations worldwide from its London office. He brings extensive M&A, contingent risk and tax liability insurance experience, plus a...
SCOR Promotes Sofia Kyriakopoulou to Group Chief Technology, Data & AI Officer
Global reinsurer SCOR has promoted Sofia Kyriakopoulou to Group Chief Technology, Data & AI Officer, effective March 1, 2026. Kyriakopoulou, who joined SCOR in 2024 as Chief Data & Analytics Officer, previously held senior data and digital roles at Swiss...
Athora Raises €3.5bn to Fund Approved Pension Insurance Corporation Acquisition
Athora announced a €3.5 billion common‑equity raise, earmarked primarily for the acquisition of Pension Insurance Corporation Group (PICG). The deal, cleared by the PRA and FCA, is slated for completion around 27 March 2026, after which Athora’s assets under management and administration will...
Aon Expands George Attard’s Role to Global Head of Analytics, Reinsurance
Aon announced that George Attard will serve as Global Head of Analytics for Reinsurance Solutions, adding to his existing Chief Strategy Officer role. The expanded mandate focuses on accelerating Aon's reinsurance analytics, uniting data, technology, and more than 1,000 staff...
Lancashire ‘Very Pleased’ with Outcome of Jan 1 Reinsurance Renewals: CUO Gregory
Lancashire Insurance Holdings reported strong outcomes from its January 1 2026 in‑ward and out‑ward reinsurance renewals, citing better‑structured products that curb earnings volatility. The renewals delivered rate adequacy and favorable net margins despite a more competitive, softening market. The insurer kept reinsurance...
Aerospace Reinsurance Renewals More Benign than Expected Despite Claims Pressure: WTW
Willis Towers Watson (WTW) reports that aerospace reinsurance renewals for 2026 were more benign than market expectations despite a heavy claims year in 2025. While primary treaty‑layer pricing shows signs of upward pressure, overall capacity remains ample, limiting steep premium...
Citizens Rates Fall as Policy Count Decline Drives Lower Reinsurance Demand
Citizens Property Insurance Corporation cut rates after its policy count dropped 76% from the October 2023 peak, with regulators approving an average 8.8% reduction for homeowners and 5.5% for wind‑only policies. The shrinking exposure base has lowered reinsurance demand, prompting...
BirdsEyeView Launches AI Data Scrubbing to Streamline Hazard Modelling
BirdsEyeView, an ESA‑backed insurtech, unveiled AI Data Scrubbing, an automated tool that cleans, standardises and geolocates Statement of Values (SOV) files. The solution transforms raw exposure data into modelling‑ready inputs within minutes, handling up to 10,000 locations per run and...
Liberty Mutual’s Net Income Rises 55% for FY’25 Amid Lower Cat Losses
Liberty Mutual Holding Company reported FY 2025 net income of $6.8 billion, a 55 % increase over the prior year, while its combined ratio improved to 88.4 % from 95.9 %. The fourth quarter saw net income rise 37 % to $1.7 billion and the combined ratio...
Ariel Re Appoints Sarah Morgan and Reed Gaglio to Property Leadership Roles
Ariel Re announced that Sarah Morgan will assume the role of Head of Property and Reed Gaglio will become Head of E&S Property Reinsurance, both effective 1 April 2026. Morgan succeeds Mike Cornish, who moves to a strategy, product development and special‑projects...
Swiss Re Names Tamas Bown as Head L&H Reinsurance, APAC
Swiss Re announced that Tamas Bown will become Head of Life & Health Reinsurance for the Asia‑Pacific region, excluding China, starting 1 April 2026. Bown returns to APAC after previously leading Swiss Re’s L&H client markets in Japan and chairing the Asia...
Specialty MGA Appoints Davood Khalaghizadeh to Lead D&O Underwriting
Specialty MGA, a member of the MNK Group, has appointed Davood Khalaghizadeh as Senior Underwriter for Directors and Officers (D&O) liability. Khalaghizadeh arrives with senior roles at AIG, QBE, CV Starr, Aspen and Volante, where he managed diverse D&O portfolios...
Guy Carpenter Adds QBE’s Paas as Head of European Capital & Advisory
Guy Carpenter, the global reinsurance broker within Marsh & McLennan, has appointed Al Paas as Head of European Capital & Advisory. Paas will steer the firm’s expansion and deepen its investment‑banking capabilities across Continental Europe. He brings over 30 years of...
Consilium Introduces Insurance Policy Tailored for Private Equity Firms
Consilium, a specialty re/insurance broker, has launched a dedicated policy for private‑equity firms within its Professional & Executive Risks division. The product, crafted with in‑house legal counsel, covers professional liability, crime, directors‑and‑officers, cyber and portfolio‑company risks under a single solution....
Africa Specialty Risks Names Kotran as Head of Business Development, Middle East & Turkey
Africa Specialty Risks (ASR) has appointed Joseph Kotran as Head of Business Development for the Middle East and Turkey. In his role, Kotran will lead regional growth initiatives, work with underwriting teams, and coordinate with the DIFC‑based staff to build...
Jörg Bruniecki to Succeed Charles Goldie as MS Re CUO
MS Reinsurance announced that Group Chief Underwriting Officer Charles Goldie will retire on 1 April 2026, transitioning to a senior advisory role. Jörg Bruniecki, currently CUO for Global Specialty Lines, will succeed him as CUO, overseeing the firm’s worldwide underwriting strategy. The change...
Canada Life Completes £80m Pensions Buy-In with Safeway Pension Scheme
Canada Life has completed an £80 million buy‑in transaction for the Safeway Pension Scheme, covering more than 350 deferred members and 1,450 pensioners. The deal was brokered by Aon, with Hymans Robertson providing investment advice and Clifford Chance and Gowling WLG handling...
Businesses Now Face Material Threat From Rising Gray-Zone Aggression, Says Willis
A new Willis Research Network report warns that gray‑zone aggression has become a material threat for businesses across all sectors. Previously limited to aviation and shipping, these ambiguous, deniable tactics now disrupt supply chains, insurance coverage and operational continuity. The...
Rokstone Launches Rokstone Velocity and Appoints Senior Casualty Specialists
Rokstone has launched Rokstone Velocity, a new division dedicated to underwriting complex casualty risks emerging from the digital economy, beginning with the U.S. market. The unit is led by Andrew Cooper, a veteran with 25 years of insurance experience, and...
Steadfast’s Underlying Revenue Rises 14.6% to $1bn in H1’26
Steadfast Group reported underlying revenue of $1 billion for H1 2026, a 14.6% year‑on‑year increase. Underlying EBITA rose 12.6% to $293.6 million, while NPATA and NPAT grew 6.3% and 7.3% respectively. The Australasian Network brokers generated $6.4 billion in gross written premiums, up 4.4%,...
Delos and ROAR Partner to Deliver Comprehensive Disaster Risk Exposure Strategy
Delos Insurance Solutions and ROAR Partners have formed a strategic collaboration to deliver a full‑stack disaster risk exposure strategy for wildfire‑prone regions, beginning with California. The partnership targets low‑development‑risk zones, builds multi‑stakeholder alliances, and offers integrated investment, financial, and insurance...
EPIC Names Miranda Rodriguez as Head of National Real Estate Practice
EPIC Insurance Brokers & Consultants has created a new Program Development Leader role for its national real estate practice, appointing Miranda Rodriguez to drive growth and integration. Rodriguez will oversee program design, strategic partnerships, and technology initiatives while coordinating existing...
SPG Acquires Logistiq to Merge with Anova Marine Insurance
Specialty Program Group (SPG) acquired Logistiq Insurance Solutions and merged it with its previously purchased Anova Marine Insurance, creating a unified, tech‑forward Cargo & Logistics platform. The integration combines Anova’s ocean cargo and digital underwriting capabilities, Logistiq’s domestic transportation risk...
Tokio Marine Kiln Appoints Lauren Storer as Underwriter in Property & Motor Division
Tokio Marine Kiln has appointed Lauren Storer as an underwriter in its Property & Motor division, reporting to divisional head Neil Robertson. Storer brings over 13 years of underwriting experience, most recently as senior underwriter at Lancashire Insurance where she...
Accelerant Expects Revenue to Rise 51% for FY’25
Accelerant Holdings announced a preliminary FY 2025 revenue forecast of $913 million, representing a 51% year‑over‑year increase. The company expects Q4 2025 revenue of $248 million, up 30% from the same quarter last year. Total exchange written premiums are projected at $4.19 billion, a 35%...
Galaxy Insurance Consultants (Singapore) Obtains MAS Reinsurance Broking Licence
Galaxy Insurance Consultants (Singapore) received a Reinsurance Broking Licence from the Monetary Authority of Singapore, allowing it to act as an intermediary for global reinsurance contracts. The approval strengthens Galaxy’s role as a trusted broker across the Asia‑Pacific region and...
Consilium Establishes Energy Risk Solutions Division and Names Johnny Hilliard as Managing Partner
Consilium, a global specialty re/insurance broker, announced the creation of an Energy Risk Solutions Division and the appointment of Johnny Hilliard as Managing Partner. Hilliard, who joins after a 16‑year career at Amwins Global Risks and other firms, will lead...
Aon Advises on Pension Risk Settlement for Mouchel Business Services Scheme
Aon acted as lead adviser on a risk‑settlement transaction for the Mouchel Business Services Money Purchase scheme, protecting the retirement benefits of its 220 members. The scheme combined a defined contribution plan with a defined benefit underpin, creating insurance‑coverage challenges...
Ascot Adds Walch-Watson and Gallagher to Board of Directors
Ascot Group Limited announced the appointment of Patrice Walch‑Watson and Christopher Gallagher to its Board of Directors. Walch‑Watson, senior managing director and chief legal officer at CPP Investments, brings deep legal, regulatory and corporate‑governance expertise. Gallagher, a three‑decade insurance veteran...
AM Best Upgrades Outlooks to Positive for Starr Subsidiaries
AM Best upgraded the outlooks for Starr International’s U.S. and Bermuda subsidiaries from stable to positive while reaffirming their Financial Strength Rating of A (Excellent) and Long‑Term Issuer Credit Rating of a+ (Excellent). The agency cited stronger underwriting trends, a...
1089 Collaborates with Price Forbes & Oka to Launch Carbon Asset Insurance Framework
1089 Inc., together with Price Forbes and Oka, has launched a carbon asset insurance framework aimed at the transportation and energy sectors. The programme embeds institutional safeguards, disciplined financial architecture, and verifiable data integrity into 1089’s CX89 Advanced Fuels Carbon...
Oman Re and Gallagher Re Support New Mandatory Nat Cat Cover for Motor Insurance
Oman has become the first GCC market to mandate natural‑catastrophe coverage within its Unified Motor Insurance Policy, effective 19 February 2026 after a one‑month alignment period. The scheme, built with Oman Re, Gallagher Re and the Oman Insurance Association, automatically protects third‑party...
Gen AI Could Unlock $50-$70bn in Insurance Revenue, Estimates McKinsey & Company
McKinsey estimates generative AI could generate $50‑$70 billion in incremental insurance revenue, driven by gains in marketing, customer operations and software engineering. The firm highlights the sector’s fragmented workflows and rich data assets as fertile ground for AI‑enabled automation and predictive...
Willis Launches Global Digital Infrastructure Group to Tackle Data Centre Risks
Willis, a WTW business, has launched a Global Digital Infrastructure Group led by Alastair Swift to address data‑centre risks across the entire lifecycle. The new cross‑functional team combines expertise in construction, energy, technology, cyber, real estate, supply‑chain and finance. It...