Year: 2026

Credit rating agency Fitch Ratings expects continued weakness in the U.S. property and casualty (P&C) insurance market through 2026. Analysts believe that competition in the U.S. property insurance market will become more intense in 2026, and abundant capital and loose pricing will continue to drag down premium growth. Revenue growth for insurers is likely to…

Everest Group, Ltd., an underwriting organization providing reinsurance and specialty insurance solutions, announced the appointment of Christopher Kujawa as executive vice president and chief human resources officer, effective January 20, 2026. Kujawa will report to President and CEO Jim Williamson and will become a member of Everest’s executive leadership team. He will succeed interim chief…

Independent insurance and reinsurance broker BMS has announced the appointment of James Pearce as senior broker, cyber, reporting to Daniel Leahy, head of cyber practice. Pearce brings extensive experience in bringing complex cyber liability, technical errors and omissions (E&O) and cyber property damage risks to the London market to his new role. He has particular…

A new report from Oxford Analytica and WTW firm Willis shows demand from the defense industry is surging amid an increasingly volatile geopolitical landscape, but is constrained by lagging production, economic nationalism, fiscal vulnerabilities and supply chain risks. The report draws on in-depth interviews with senior executives across the defense industry. It outlines the structural…

Global insurer American International Group (AIG) has announced the promotion of Neil Smallcombe to president of the company’s U.S. surplus insurer, Lexington Insurance Company. In his new role, Smallcomb will leverage his more than two decades of industry experience to lead Lexington’s emergency room, casualty, healthcare and Western World businesses. He will also work closely…

The Cayman Insurance Managers Association (IMAC), the representative body for Cayman’s captive insurance and reinsurance industry, has issued an update following the release of fourth quarter 2025 licensing data from the Cayman Islands Monetary Authority (CIMA), stating that business in the jurisdiction will continue to expand. IMAC reports that the Cayman captive insurance industry remains…

AXA XL has established a dedicated Alternative Risk Solutions (ARS) team, appointing Sylvain Bouteillé as its leader. In addition to leading the newly formed ARS team within AXA XL’s large commercial business unit, Bouteillé will continue to serve as chief underwriting officer for Americas Specialty Insurance. He joined AXA XL in August 2025 with over…

“Today’s geopolitical and geoeconomic uncertainty creates a real opportunity for the company to leverage its broad capabilities to help businesses navigate and grow during challenging times,” said Marsh President and CEO John Q. Doyle. Doyle told Bloomberg in an interview at the World Economic Forum in Davos that business leaders around the world must rethink…

Willis, a WTW business, has strengthened its financial, professional and execution risk (FINEX) business in the Pacific region, appointing Eden Fletcher as head of Pacific FINEX and Stephen Trickey as head of growth, Pacific. Fletcher succeeded Jill Stewart when she retired after eight years at Willis. Fletcher has over 20 years’ experience in finance and…

Specialty insurer RLI Corp. reported underwriting revenue of $70.9 million and a combined ratio (CoR) of 82.6% in the fourth quarter of 2025 (Q4 2025), compared with $22.2 million and 94.4% in the fourth quarter of 2024. RLI reported a solid set of results for the final quarter of 2025, as well as a strong…