Alliant to serve as broker for second phase of $2bn NYC tunnelling project
Alliant Insurance Services has been selected by the Metropolitan Transportation Authority, North America’s largest transportation network, as the insurance broker for Phase 2 of the Second Avenue Subway, a $2 billion project that begins in September 2025 and is expected to take four years to complete. Alliant saved the MTA approximately 2-3% of the estimated…
Munich Re names Eric Zhao as CEO of Beijing Branch
Munich Re, a global provider of reinsurance, primary and insurance-related risk solutions, announced the appointment of Zhao Qiming as CEO of its Beijing branch. The appointment will be effective January 1, 2026, pending regulatory approval. Zhao will report to Steve Zhang, CEO of Life and Health Greater China. Mr. Zhao will succeed Adrian Goh, who…
Jireh & Strategic Risk Solutions launch next-gen operational service for reinsurance and ILS market
Reinsurance innovation solutions provider Jireh and independent insurance company manager Strategy Risk Solutions (SRS) have launched OpIngen, a next-generation operational service for the reinsurance and insurance-linked securities (ILS) markets. In an era of increasing data complexity, mandate growth, regulatory scrutiny and the need for scalable operational efficiencies, OpIngenl leverages a combination of proprietary technology, deep…
Gallagher Bassett notes shift in Lloyd’s claims management to “hurdle principle”
Analysts at Gallagher Bassett have highlighted the shift to the “barrier principle” in Lloyd’s claims management, which places the delivery of high-quality claims services among the key fundamental responsibilities of managing agents, making it a strategic priority alongside underwriting and governance. Elevating claims management to a “barrier principle” means claims performance is no longer just…
JAB Insurance to acquire Utmost Group’s Life and Pensions business
JAB Insurance, the global insurance business of JAB Holdings, has entered into a definitive agreement to acquire its life and pensions (ULP) business from Utmost Group plc. ULP is a UK life and pensions platform with over £5bn of assets under management and services for around 290,000 pensioners. The platform operates in the UK bulk…
Accelerated softening across many lines at Jan 1 renewals as reinsurer capital grows: Guy Carpenter
A recent report from Guy Carpenter, a reinsurance brokerage owned by Marsh McLennan, shows that the expansion of reinsurance capacity and reinsurance renewals at the critical time of January 1, 2026 have accelerated pricing softening in many business areas. There is ample discussion around interest rate changes ahead of the crucial 1.1 renewal season. For…
Karolien Gielen to succeed Filip Coremans as Ageas Managing Director Asia
International insurance group Ageas has announced the appointment of Karolien Gielen as Managing Director Asia and Business Development, effective February 1, 2026. Gielen, currently Managing Director of Business Development (including Strategy, CDSO, M&A and Communications), will succeed Filip Coremans, who has decided to step down after more than 23 years with Fortis. According to the…
Model Context Protocol introduces a new phase of AI-driven cyber risk: KYND
As the use of Model Context Protocol (MCP) accelerates, KYND is calling on the insurance industry to rethink its approach to cyber exposure and increase technical awareness of MCP, as it introduces new systemic risks that cyber insurers can easily overlook. Cyber risk specialist KYND has released a new white paper, MCP: The Hidden Frontier…
Reinsurers face pressure on growing top-line and maintaining margin in 2026: Autonomous
A recent report from Autonomous showed that growth momentum for European reinsurers has stalled after several years of outperformance, with analysts warning that maintaining top-line growth and margins will become increasingly challenging in 2026 due to a weak pricing cycle. Analysts say reinsurers will stall in 2025, pressured by a weak pricing cycle, foreign exchange…
Gammon appointed Head of Marine & Aviation, AXIS Global Markets
Lee Gammon has been promoted to the newly created position of Head of Maritime and Aviation at AXIS Global Markets, the global insurance and reinsurance business of AXIS Capital, effective January 1, 2026. Gammon has been with Novae since joining the company in 2010 as a maritime liability underwriter. Following AXIS’s acquisition of Novae, he…
