Month: December 2025

Life and health reinsurer Pacific Life Re has appointed Soichiro Makimoto as head of its Japan representative office. The move reinforces the reinsurer’s long-term commitment to the Japanese market. In his new role, Soichiro will strengthen Pacific Life Re’s operations in Japan and gain a deeper understanding of customer needs to support the company’s regional…

McGill and Partners, an independent global specialist insurance and reinsurance brokerage, has entered into a strategic partnership with AEGIS London, part of Lloyds Group, to provide clients with smarter, digital solutions. The collaboration aligns AEGIS London’s risk appetite across multiple business lines with McGill and Partners’ client portfolio. The platform will leverage advanced technology to…

Arrowhead Intermediaries has announced the appointment of Steven Beard as International Chief Executive Officer, who will join the company in February 2026 and will be based in London. Beard joins Charles Taylor from Group President. His brokerage career also includes senior roles at Ardonagh Group, Corant Group and RFIB, with experience in the wider sector…

Marsh McLennan Agency (MMA), a unit of global insurance and reinsurance brokerage Marsh McLennan, has acquired three privately held insurance brokerage companies in Honolulu, Hawaii, from Hawaii-based diversified investment firm Tradewind Group. These brokerage firms include Atlas Insurance Agency (Atlas), Pyramid Insurance Center (Pyramid) and IC International (IC), which together have established the state’s leading…

Venerable, a privately held company that owns and manages a traditional variable annuity business, has expanded Alexandra Findleton’s role at the company to include serving as director of Flow Reinsurance. The move is designed to allow the company to accelerate the growth of this new organizational capability and advance its overall growth strategy, which includes…

The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance brokerage and advisory firm, consisting of CAC Specialty and CAC Agency, have entered into a definitive merger agreement for a total upfront payment of $1.026 billion. The transaction is expected to close in the first quarter of 2026,…

The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance brokerage and advisory firm, consisting of CAC Specialty and CAC Agency, have entered into a definitive merger agreement for a total upfront payment of $1.026 billion. The transaction is expected to close in the first quarter of 2026,…

Gallagher Re, the reinsurance arm of the global brokerage group, has announced the appointment of Erika Schoch as Gallagher Re’s maritime strategy advisor for Latin America and the Caribbean (LAC). In her new consulting role, Schoch will draw on her diverse background and expertise to support the growth of our marine business across the region…

The London Market Group (LMG) Data Committee has launched a consultation on the structure and fields of the Core Data Record (CDR) covering claims. According to the announcement, the consultation will last for 12 weeks from November 26. Market members can make inquiries via the LIMOSS website and briefings will be organized by the IUA,…

Fitch Ratings said the UK Prudential Regulation Authority’s (PRA) Life Insurance Stress Test 2025 (LIST 2025) has strengthened its view on the sector’s capital adequacy, but warned that real-world stress scenarios could lead to different outcomes due to higher market correlations than the test assumptions and associated spillovers. The PRA’s LIST 2025, published on 17…