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Westfield Specialty has appointed Cornelia Röskau as chief executive of newly formed Westfield Specialty Europe, which will begin underwriting operations in April, subject to regulatory approval. Röskau has almost 20 years of experience in the insurance industry and joins Westfield Specialty from Sompo, where she served as European CEO of SI Insurance from August 2023….
SageSure, a managed general underwriter (MGU) specializing in U.S. catastrophe properties, has completed its acquisition of Gemini Financial Holdings Corporation and its Olympus subsidiary. In September 2025, SageSure entered into a definitive agreement to acquire Gemini Financial and its subsidiaries, including Olympus MGA, the managing general agent of Olympus Insurance Company. Olympus Insurance Company specializes…
HDI Global, an international insurance company specializing in servicing commercial and industrial clients, has appointed Hiro Yamasaki as Managing Director and Legal Representative of its Japan branch. The appointment is in line with the insurer’s wider regional growth strategy and reinforces its commitment to disciplined underwriting, sustainable growth and strong partnerships with clients and brokers….
Global insurer and reinsurer MS Amlin has announced that 2026 renewals for Phoenix Re, its Asia-focused insurance-linked securities (ILS) vehicle, have reached a record $115 million, an increase of $25 million from 2025. As our ILS-focused sister publication Artemis revealed on December 24, 2025, this is the sixth update for the Phoenix Re sidecar vehicle,…
Matthew Whyte joins Willis Re as a broker, bringing 38 years of industry experience to further strengthen the company’s client support capabilities. Whyte spent 32 years with Guy Carpenter and its predecessor firms, leading client teams across global marine and energy, real estate and integrated accounts, and multi-level captive treaties. Wills Re explains: “Matthew strongly…
According to Howden’s latest renewal report, when reinsurance is renewed on January 1, 2026, the decline in European property catastrophe rates varies by region, with declines of up to 20%, and the company expects this part of the market to decline further in 2026. The global insurance and reinsurance brokerage group said these reductions in…
Australian insurer IAG has successfully implemented its 2026 catastrophe reinsurance program, adding RACQ Insurance (RACQI) to its primary catastrophe insurance, all-account quota share (WAQS) arrangement and total stop-loss protection. Readers may recall that following the successful acquisition of RACQI on September 1, 2025, IAG upgraded its fiscal year 2026 guidance. IAG’s catastrophe reinsurance program, combined…
Ryan Specialty Underwriting Managers (RSUM), the underwriting management arm of Ryan Specialty, announced that Leopanthera will be renamed Ryan Financial Lines, effective January 1, 2026. Leopanthera, a specialist in underwriting a diversified financial product line globally, joined Ryan Specialty in November 2024 through the acquisition of Innovisk Capital Partners. Since its establishment in 2017, the…
Global reinsurer Hannover Re has announced the appointment of John Walters as Chief Executive Officer (CEO) and Managing Director of Hannover Life Re Australia. Hannover Life Re Australia (Hannover Life Re) is a specialist provider of insurance and reinsurance solutions to superannuation funds, distribution partners, employers and other insurers, helping them protect and grow their…
Bobby Swarup, an insurance industry veteran with more than two decades of experience, has announced the establishment of a new company, Niyam Group, in India, which will bring more reinsurance capital to the market. Niyam’s vision is to build economic resilience and achieve equitable growth, in line with India’s Viksit Bharat 2047 ambitions. “Niyam is…