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European reinsurers deliver higher profits despite weaker revenue growth in Q1’26: Fitch

International credit ratings and research agency Fitch Ratings said Europe’s four largest reinsurers posted strong earnings performance in the first quarter of 2026, although overall revenue growth fell as market conditions turned unfavorable. Fitch Ratings said in its latest assessment that Munich Re, Swiss Re, Hannover Re and SCOR SE will have an average annualized…

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Mereo enters excess casualty insurance with Everen renewal rights acquisition

Bermuda-based carrier Mereo Insurance Limited (Mereo) expands into excess casualty insurance by acquiring Everen Specialty Ltd.’s (ESL) excess casualty energy portfolio renewal rights ESL is a member of the Everen Group, a Bermuda-based global insurance company in the energy markets. Under the terms of the deal, Mereo will become the insurer for new and renewal…

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ARPC reports ongoing improvements in insurance affordability and availability through cyclone pool

The Australian Reinsurance Pool Corporation (ARPC), the government agency that manages Australia’s terrorism and cyclone reinsurance arrangements, has released its latest premium review, reporting continued improvements in insurance affordability and access in areas with the highest hurricane risk. According to ARPC, average homeowners insurance premiums in areas with the highest hurricane risk have fallen 37%…

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Helen Haggie named UK Chief Claims Officer at Marsh Risk

Marsh, a global company specializing in insurance broking and risk management, has announced the appointment of Helen Haggie as Marsh Risk UK Chief Claims Officer, effective July 20, 2026. In his new role, Haggie will have overall responsibility for delivering excellent service to Marsh Risk’s UK clients throughout the claims process. She will leverage Marsh’s…

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ANV Group launches LaunchPad incubator for specialist MGAs

ANV Group Holdings Ltd., the independent global insurance intermediary platform, has launched ANV LaunchPad, a new incubator platform designed to help experienced underwriting teams build and grow specialist MGA businesses. The company says ANV LaunchPad is designed to provide comprehensive support throughout the launch of a new MGA. ANV Group said the platform provides assistance…

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Chedid Insurance Brokers appoints Jad Kanbar as Regional CEO

Chedid Insurance Brokers Network, a fully integrated brokerage network part of Chedid Capital Group, has announced the appointment of Jad Kanbar as regional chief executive officer (CEO). With more than two decades of insurance and reinsurance industry expertise, Kanbar brings a proven track record of business development, operational leadership and market expansion across the MEA…

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Hippo expands multi-peril coverage to include wildfire with latest catastrophe bond

Technology-based insurance group Hippo announced the closing of Mountain Re Ltd. (Series 2026-1), a $100 million catastrophe bond that provided multi-year collateralized reinsurance protection against a variety of risks in the United States. The offering was sponsored by Spinnaker Insurance Company, a wholly-owned subsidiary of Hippo, and consisted of $100 million in Class A notes….

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