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Everest Group, the Bermuda-based insurance and reinsurance company, has promoted Tomi Latva-Kiskola to CEO of Global Wholesale and Specialties, Asia Pacific (APAC). Latva-Kiskola has held a senior leadership role in Asia Pacific at Everest since February 2024. He initially joined as head of insurance operations in Asia and was later appointed CEO of Everest International…

Insurance Capital Markets Research (ICMR) expects the Lloyd’s market to post a combined ratio below 90% in its upcoming 2025 results, based on results reported to date by 17 of the 27 RISX index constituents. In a new report, ICMR described the expected underwriting results as “exceptional”, adding that returns on capital are likely to…

PartnerRe’s current Asia Pacific (APAC) Chief Executive Officer (CEO) James Beedle has been appointed as the new Chairman of the Singapore Reinsurance Association (SRA). In November 2024, Beedle will succeed Marc Haushofer as Vice Chairman. In his new role, Beedle will focus on collaboration and continue to establish the SRA as a platform for engagement,…

Specialty MGA, a managing general agency (MGA) part of the MNK Group, has strengthened its professional underwriting capabilities with the appointment of Neil Tayler as senior underwriter. The appointment is in line with MNK Group’s wider growth strategy and commitment to drive innovation, secure new capacity and deliver an enhanced broker proposition in niche and…

Global specialty insurance company Westfield Specialty reported fiscal year 2025 (FY’25) underwriting revenue of $87.2 million, with a combined ratio of 93.1%. By the end of 2025, gross written premiums (GWP) will reach US$1.93 billion. The insurer explained that the figures meant the results were significantly ahead of schedule. In 2024, Westfield Specialty reported a…

Market veteran Guy Money has been appointed Managing Director of Allianz Commercial’s Iberia region and a member of the Board of Directors of Allianz Seguros (Spain). Subject to regulatory approval, he will take over his new role on March 1, 2026 and will be based in Madrid. Money will have dual reporting lines to Allianz…

Credit insurance company Coface reported stable consolidated turnover at €1.847 billion for the full year 2025, up 1.3% at constant exchange rates and perimeters compared with €1.844 billion in 2024. Insurance revenue (including guarantees and single risks) increased by 0.6% at constant exchange rates to 1.512 billion euros. The company explained that insurance revenue fell…

Bermuda-based global specialty insurance and reinsurance company Fidelis Insurance Group has expanded its capital management program by increasing its current common stock repurchase authorization to $400 million. The expanded program allows companies to repurchase shares through open market purchases, accelerated share repurchases or privately negotiated transactions. Before that, 2025 was a big year for shareholder…

Will Chen, a veteran with more than 30 years of professional insurance experience, has joined Westfield Specialty US as chief financial officer (CFO), reporting to Westfield Specialty President Jack Kuhn. In his new role, Chen will be responsible for U.S. financial strategy, including financial planning and analysis (FP&A) and related operational processes and controls. His…

Italian insurance giant Generali’s global corporate and commercial (GC&C) business unit has appointed Mario Glanz as its new head of casualty. In his new role, Galanz will focus on further expanding GC&C’s global casualty business in line with the insurance company’s “next phase plan.” Galanz has more than 20 years of industry experience in casualty…