Bermuda tax credits could materially lower re/insurer tax bills: Jefferies

Jefferies analysts say Bermuda’s newly enacted tax credit system could significantly reduce the corporate tax burden on the island’s reinsurers/insurers, which could have short-term accounting implications and longer-term implications for earnings forecasts. For those unaware, the Bermuda Tax Credits Act, enacted on 11 December 2025, introduced tax credits related to wages, local spending and community…

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Novatae names Walter Juergens as CFO

Novatae Risk Group, a wholesale insurance brokerage, managing general agency and program manager, announced the appointment of Walter Juergens as its new chief financial officer (CFO). In his new role, Juergens will be responsible for Novatae’s overall financial management. His responsibilities include driving strategic financial thinking and implementing change across the organization. The executive will…

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Allianz partners with Anthropic to accelerate adoption of responsible AI

Allianz SE, a holding company of Allianz Group, announced a global partnership with artificial intelligence (AI) research and development company Anthropic to accelerate the development of responsible artificial intelligence in the insurance sector. The partnership focuses on three key projects within the Allianz Group and aims to empower Allianz employees and accelerate operations while setting…

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Gallagher Re hire’s Aon’s Georgina Meyer as Exec Dir, UK Property

Global reinsurance brokerage Gallagher Re has announced the appointment of Georgina Meyer as executive director of UK Property. Meyer joins the company with more than two decades of experience in the reinsurance industry, specializing in catastrophe reinsurance and retrocession. Throughout her career, she has built a strong track record of successfully managing complex retrocession placements…

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India’s reinsurance market progressing well, growing interest in parametrics: EDME CEO, Radhakrishnan

Sanjay Radhakrishnan, chief executive officer (CEO) of EDME Insurance Brokers Ltd, said the country’s reinsurance market is “doing well”, driven by rising insurance penetration and deepening underlying risk pools in the country. Speaking to Reinsurance News, Radhakrishnan said demand has risen in recent years in specialty and infrastructure-related sectors such as insurance, energy, liquidity and…

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