Dorothee Melis-Moutafis named Head of Global Clients for Guy Carpenter
Global reinsurance broker and Mash business Guy Carpenter has announced the appointment of Dorothee Melis-Moutafis as global account executive. In her new role, Melis-Moutafis will focus on helping clients navigate complexity through coordinated, high-quality support across markets, bringing together the right expertise and insights to inform risk and reinsurance decisions, identify opportunities, and deliver consistent…
AI’s most immediate value is helping underwriters see portfolios more clearly, says Mandarin Re’s Grishin
Mikhail Grishin, chief operating officer of Malaysian reinsurer Mandarin Re, said one of the greatest values ​​of artificial intelligence (AI) in the reinsurance sector is its ability to increase clarity in underwriting portfolios, allowing companies to determine where underwriting time is best spent and improve the speed and quality of underwriting decisions. Grishin stressed in…
F&G Annuities & Life makes several changes to executive leadership
Chris Blunt, CEO of F&G Annuities & Life, Inc., an insurance company serving retail annuities, life and institutional clients, will retire to focus on his role as director of F&G and CEO of subsidiary Peak Altitude Equity, LLC. As a result, Conor Murphy, currently President and Chief Financial Officer (CFO), will assume the expanded role…
AM Best reports split in US cyber insurance market as losses and pricing pressures shift
AM Best, an insurance credit rating agency and analytics provider, has observed that the U.S. cyber insurance industry has effectively split into two distinct submarkets. One is led by surplus lines insurance companies offering stand-alone primary and excess cyber coverage, while the other consists of cyber extensions attached to broader commercial insurance policies. AM Best…
Lemonade enters into $250m business financing agreement with Hannover Re
Lemonade, an artificial intelligence-driven digital insurer, has signed a commercial financing agreement with Hannover Re (Ireland) DAC, under which the reinsurer will provide up to $250 million to fund Lemonade’s sales and marketing expenses from January 1, 2027 to December 31, 2028. Under the terms of this new agreement, the funding has outstanding capital caps…
Achmea Reinsurance secures €100m of European windstorm & severe thunderstorm retro with latest cat bond
Achmea Reinsurance Company NV has returned to the insurance-linked securities (ILS) market with the issuance of €100 million of Windmill III Re Series 2026-1 catastrophe bonds, which provide protection against European storm and severe thunderstorm losses on a final net loss basis per occurrence. Achmea Reinsurance has entered into a four-year reinsurance agreement with Windmill…
Liberty in Asia Pacific appoints Marcus Thomas as CUO ahead of leadership transition
Liberty in Asia Pacific, the regional arm of Liberty Mutual Insurance, which provides commercial, specialty and reinsurance solutions in Asia Pacific, has announced the appointment of Marcus Thomas as Chief Underwriting Officer, Asia Pacific, effective July 1, 2026, as the company prepares for a leadership transition following the upcoming retirement of Michael Abdallah. Liberty in…
CFC introducing affirmative AI coverage
To meet customer demand, specialist insurance provider CFC has launched a refreshed program to embed affirmative action artificial intelligence (AI) insurance into its portfolio. By implementing clear AI-related language across seven key policies, the rollout provides clients with certainty in dealing with AI-related risks, moving away from reliance on implicit or silent coverage. “Artificial intelligence…
Fitch expects Japanese non-life Insurers to sustain strong underwriting momentum
International credit rating agency Fitch Ratings believes that Japan’s leading non-life insurance company has the ability to continue to achieve strong underwriting performance. The agency said strong earnings from overseas operations and improving domestic motor and property insurance market conditions are expected to support results, although profits from the sale of strategic stakes are likely…
UK businesses increasingly exposed as flood preparedness declines: Previsico
A new report from flood forecasting company Previsico, based on insights from more than 70 UK organization leaders, finds that despite rising risk awareness, flood preparedness has plummeted. Only 8% of respondents said they or all their clients have a flood action plan covering all locations, down from 30% in 2025, although 72% expect to…
