Carbon Underwriting secures significant growth equity investment from FTV Capital
Carbon Underwriting Limited, an authorized underwriting specialist with its own Lloyd’s syndicate, has signed a major growth equity investment agreement with FTV Capital, a global industry-focused growth equity firm. The deal was led by Mike Vostrizansky, Richard Earnshaw and Max Weber from FTV. Carbon said the investment will accelerate the growth of its mandated underwriting…
Guy Carpenter expects reinsurance industry to generate ROE of 16.6% in 2026
Guy Carpenter, the reinsurance brokerage arm of Marsh Group, expects reinsurance companies to continue to achieve profitable returns in 2026, estimating that the reinsurance industry’s return on equity (ROE) will reach 16.6% this year. In his July 2026 reinsurance renewal report, Guy Carpenter reported a return on equity of 16.6%, down from 18.9% in 2025,…
Euna strengthens healthcare underwriting team
Specialist managing general agent (MGA) Euna has strengthened its medical underwriting team with the appointment of Sharon Brennan as senior medical underwriter and Rosie David as medical underwriter, as the company continues to expand its medical malpractice services to meet growing demand for specialist medical insurance. The appointments follow a period of strong performance across…
Aon appoints Yue Yang as Managing Director, Cyber Solutions EMEA
Global insurance and reinsurance brokerage and risk advisor Aon has announced the appointment of Yue Yang as managing director of Cyber ​​Solutions EMEA. Yang has over 15 years of industry experience, with a background spanning online brokerage and management consulting. She joins Aon from Marsh UK Retail Networks where she was responsible for delivering cyber…
Moody’s upgrades Munich Re’s IFSR to Aa2
Credit rating agency Moody’s raised Munich Re’s Insurance Financial Strength Rating (IFSR), one of the world’s largest reinsurance companies, to Aa2 from Aa3, and its subordinated debt rating to A1(hyb) from A2(hyb). At the same time, Munich Re America’s IFSR was upgraded from Aa3 to Aa2. The outlook for both entities has been revised to…
Economic and insured losses from June US SCS outbreak likely to reach low single-digit billions: Aon
Preliminary estimates suggest that combined economic and insured losses from severe convective storms (SCS) in the United States between June 18 and 25, 2026, could reach billions of dollars, according to brokerage group Aon’s weekly Cat Report. From June 18 to 25, severe weather affected parts of the Gulf Coast, central United States, and High…
William Fawcett appointed Head of ReSources at Reinsurance Association of America
The Reinsurance Association of America (RAA), the trade association representing property and casualty reinsurers operating in the United States, announced the appointment of William Fawcett as director of resources and the RAA Reinsurance Education Institute. In his new role, Fawcett will oversee initiatives designed to strengthen and expand the RAA’s position in industry education, while…
Mayflower and Hadron launch US dedicated affirmative AI liability program
New York-based managing general agent Mayflower Specialty, Ltd. and multinational specialty carrier Hadron have launched the first dedicated affirmative action AI liability program in the United States. The policies, underwritten by Mayflower and issued through Hadron, expressly cover the entire management liability triad: Errors and Omissions (E&O), Employment Practices Liability (EPL) and Directors and Officers…
Relation Insurance Services expands Specialty Practice with senior hires
Insurance broker Relation Insurance Services has confirmed the appointments of Matthew Schott, Kevin Smith, Courtney Maugé, Jonathan Franznick and Scott Moseley to its specialty business unit. The company said the team has deep industry knowledge and leadership experience in specialty insurance, supporting clients in managing complex risks, including management and financial lines, cyber risk, private…
Global property cat rates down 16% as softening extends into July renewals: Guy Carpenter
Guy Carpenter’s July 2026 Reinsurance Renewal Report shows that risk-adjusted declines have deepened in some cases since January 1, with global property catastrophe online rates (ROL) still down around 16%. The company attributes this trend to healthy loss activity, ample reinsurer capacity and increasing risk appetite, which together continue to maintain a highly competitive pricing…
