African insurance markets face AI opportunities amid continued economic growth
The African Insurance Organisation (AIO), a pan-African organisation representing the continent’s insurance industry, has published its Annual Report 2026, prepared by consulting firm Faber Consulting, with the findings pointing to continued economic expansion, significant differences in insurance market development between countries and comparatively strong results from regional reinsurers. The report also identifies access to reliable, consistent…
Rising Edge announces new appointments as it accelerates growth and innovation
Rising Edge Ltd, a specialist managing general agent (MGA) has announced three strategic appointments, Chris Smerald as Chief Actuary, Jessica Stephenson as General Manager, and Tatiana Davanzo as Tax Insurance Underwriter. These appointments enhance Rising Edge’s leadership, underwriting expertise, and technical capabilities, as the firm scales its platform, expands into new lines of insurance, and…
Price Forbes launches first-of-its-kind integrated property, cargo and terrorism facility
Price Forbes, a specialist insurance and reinsurance broker, has announced the launch of Accordium, the first integrated London market facility to combine property, stock throughput and terrorism cover under a single policy. Accordium will target SME and mid-market businesses with total insured values of up to $1 billion and will be available internationally across a…
Howden names Elliot Richardson as CCO
Global insurance intermediary group Howden has announced the appointment of Elliot Richardson as Chief Commercial Officer (CCO), effective immediately. Richardson will report to CEO David Howden and join the Group Executive Committee (GEC), while remaining Executive Chair of Howden Re. The appointment is central to Howden’s new commercial strategy, designed to make full use of…
Willis Re appoints Zara Fountaine to strengthen its credit, surety and political risk team
Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has welcomed Zara Fountaine to its team, bringing additional expertise in credit, surety and political risk. Fountaine began her career at Lloyd’s of London before training as a direct broker in the Political and Credit Risk team at Willis. She…
PCRIC & UNDRR sign agreement to advance parametric solutions in the Pacific
The Pacific Catastrophe Risk Insurance Company (PCRIC), a provider of parametric disaster insurance, and the United Nations Office for Disaster Risk Reduction (UNDRR) signed a Letter of Cooperation to strengthen their shared commitment to advancing disaster risk reduction and financial resilience across the Pacific region by advancing parametric insurance models to make them proactive resilience…
MENA reinsurers maintain top-line growth despite geopolitical and economic uncertainties: AM Best
The Middle East and North Africa (MENA) reinsurance market continues to present solid top-line growth opportunities and attract steady inflows of international capital, even as geopolitical tensions and economic uncertainties intensify across the region, a new AM Best report states. According to the Best’s Market Segment Report, “MENA Reinsurers are Focused on Profitable Growth Opportunities…
NEXROC announces intention to acquire US and Australian insurance companies
The NEXROC Group, a global investment and holding company, has announces its intention to commence tender offers for two publicly listed life insurance companies, one in the United States and one in Australia. According to the announcement, NEXROC is moving forward with the insurance acquisitions as part of the first stage of its roll-up strategy…
Gallagher Re appoints Madhavi Gopinathan and Joy Ramirez to facultative team
Global reinsurance broker Gallagher Re has expanded its Facultative team with the appointments of Madhavi Gopinathan as Senior Broker, Fac, and Joy Ramirez as Account Specialist, Broker Support, Fac. In her new role, Gopinathan will support Gallagher Re’s clients and contribute to the continued growth of its MEA Facultative business. She brings 13 years of…
Here’s How To Find Out What Amazon’s AI Really Thinks Of You
About a week ago, Amazon users took to social media to share a revealing new feature of the app. Since May this year, an AI tool has been describing what site users’ behaviour tells the company about how they might live, including what (and how) they like to read and whether they live alone. But…
