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Selective Insurance Group, Inc. has reported a 124% increase in after-tax net underwriting income to $29.5 million for Q3 2026, up from $13.2 million a year earlier, as its combined ratio improved despite higher catastrophe losses. The firm’s combined ratio fell to 96.8% for Q3 2026, compared with 98.6% in the same period last year,…

HDI Global, the corporate and specialty insurance business of the HDI Group, has appointed Sheena Williams as Global Head of Sport, Leisure & Entertainment (SLE), strengthening its international underwriting proposition. The move aligns with HDI Global’s ambition to develop its international SLE business and connect specialist capabilities across markets, with a focus on expanding the…

Bermuda-based insurer and reinsurer AXIS Capital has promoted Roisin Kealy to Chief Executive Officer (CEO) of AXIS Specialty Europe SE (ASE), based in Dublin and reporting to Sara Farrup, Head of Global Markets. The appointment sees Kealy join the company’s Global Markets leadership team, and also creates new opportunities within the AXIS finance team. Kealy…

The United Nations World Food Programme (WFP), the UN agency that provides food assistance and supports communities facing hunger and food insecurity, has joined CCRIF SPC as its first UN agency and multilateral organisation to purchase parametric insurance. The agreement is designed to improve access to emergency funding for vulnerable populations in Haiti and the…

Sproutr, an insurance programme design and product development firm, has announced the promotion of Jeff Breault to Head of Insurance. Breault leads the teams responsible for programme management, actuarial work, product development, compliance and filing across all Sproutr engagements. In the role, he directs the professional services Sproutr provides to its clients. He sets the…

Fenchurch Group Holdings, a specialist insurance group, has entered into a 50:50 joint venture with Meliora ESG Ltd, an environmental advisory firm, to bring environmental risk analysis and insurance provision together. The arrangement follows an equity investment in Meliora ESG by Fenchurch Group Holdings, Paul Chainey and Jamie Coyne, with the transaction completed on 4…

Brazil’s newly enacted Law No. 15,525/2026 is poised to narrow the long-standing fiscal gap between domestic and international reinsurers, encouraging insurance groups to establish or expand onshore captive reinsurers, according to a recent Fitch Ratings report. Fitch believes Brazil’s new tax law could encourage insurance groups to retain a larger share of risks in the…

Global property and casualty insurer Chubb has announced the appointment of Kathleen Warden as Head of Property and Casualty, Australia & New Zealand. Warden brings technical underwriting expertise and deep local market experience, instrumental skills to help Chubb the continued strategic growth of its P&C portfolio. The executive is rejoining Chubb following three years at…

W.R. Berkley Corporation is bracing for a continued pullback in its assumed reinsurance operations, warning that deteriorating market conditions across both casualty and property lines will likely drive a double-digit contraction in segment volume over the foreseeable future. Speaking during the group’s quarterly earnings call, President and Chief Executive Officer W. Robert Berkley Jr. noted…

Renew Risk, a specialist provider of risk analytics for renewable energy and energy demand assets, has expanded its severe convective storm (SCS) modelling capabilities for solar farms to cover all 48 contiguous US states. The company says its model is the first in the United States designed specifically to assess the impact of severe convective…