B.P. Marsh views sustained M&A wave as strategic opportunity
Specialist venture capital firm BP Marsh & Partners, a specialist in early-stage financial services businesses, said it sees continued mergers and acquisitions (M&A) activity as a source of opportunity, both within its existing portfolio and in new investments, following a strong financial year to January 31, 2026. BP Marsh continued its strong portfolio performance during…
Markel Group names Wilson and Crowley as EVPs
Global reinsurance and insurance company Markel Group Inc. has appointed Simon Wilson and Andrew Crowley as its Executive Vice Presidents (EVPs), effective immediately. In addition to their current responsibilities, the two will also take on expanded responsibilities. Currently, Wilson serves as Chief Executive Officer (CEO) of Markel Insurance and Crowley serves as President of Markel…
Zurich Australia expands in life insurance market with ClearView acquisition
Zurich Financial Services Australia (Zurich) has entered into an agreement to acquire ClearView Wealth Limited (ClearView) through a scheme of arrangement. The ClearView equity value of the transaction is approximately A$415 million. Zurich Australia confirms that the proposed acquisition has received the unanimous recommendation of ClearView’s directors. Implementation of the proposed acquisition is subject to…
Kin sees continued top-line growth in 2025 as GWP reach $634.4m
Direct-to-consumer digital home, auto insurance and home finance provider Kin reported continued strong revenue expansion in 2025, with gross written premiums (GWP) rising 28% year over year to $634.4 million, compared with $495.3 million in 2024. The growth was primarily driven by renewal premiums, which climbed to $439.9 million in 2025 from $302 million a…
Cheryl Yi Min Poon joins Howden’s Multinational Client Practice
Global insurance and reinsurance broker Howden has appointed Cheryl Yi Min Poon as director of multinational client operations. Cheryl joins Howden from Marsh Asia for ten years, most recently as Vice President. She originally joined Marsh Asia in 2015 as an account manager and was later appointed assistant vice president. Prior to that, the executive…
Solomon Islands records first climate risk insurance payouts following January heavy rainfall
The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first disbursement of the Solomon Islands Climate Risk Parametric Insurance Scheme. The payments were triggered by a heavy rainfall event in January 2026 and were processed through the bank’s regulatory…
QBE Asia names Chubb’s Carles Tondo as Head of Property, Asia
QBE Asia has announced the appointment of Carles Tondo as Head of Asia Real Estate, effective immediately. Tondo will take over the real estate portfolio from Brendan Dunlea, regional head of construction and engineering at QBE Asia, who will continue to lead the construction, engineering, renewables and power business and further develop QBE Asia’s resilient…
AEGIS London appoints Neil Bayles Chief Information Officer
Lloyds Group AEGIS London has announced the appointment of Neil Bayles as its newly created Chief Information Officer (CIO). In his new role, Bayles will be responsible for developing and implementing the company’s IT strategy, ensuring it aligns with and supports broader business objectives. A key aspect of his role is to strategically use technology…
Cayman reinsurance assets surpass $100bn, says Cayman Finance
Cayman Finance, the representative body for the Cayman Islands’ financial services industry, reports a significant expansion in the jurisdiction’s reinsurance industry following the release of 2025 insurance statistics by the Cayman Islands Monetary Authority (CIMA). According to the latest data from CIMA, Cayman Financial stated that the number of licensed reinsurance companies has increased from…
Canopius and Globex Underwriting Services partner to expand global marine coverage
Canopius, a global specialty and P&C re/insurer, announced that Canopius US Marine and Globex Underwriting Services have formed a partnership to provide local marine policy underwriting services globally. Globex Underwriting Services, a division of Globex International Group, is an independent service provider supporting the international needs of insurance companies. Through this partnership, Canopius will expand…