Arch Insurance

Arch Insurance Australia appoints Fariha Neda as Northern Region Executive Assurance Underwriting Manager

Arch Insurance Australia (Arch), a subsidiary of Arch Capital Group and provider of specialist insurance products and services, has appointed Fariha Neda as Northern Region Executive Assurance Underwriting Manager with immediate effect. In this role, Neda will oversee underwriting activities across the Northern Region Executive Assurance portfolio, delivering a range of liability solutions including directors…

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Majesco points to accelerating AI adoption reshaping insurance operating models

Majesco, a provider of AI-native and cloud-native software solutions to the insurance industry, has released a new thought leadership report examining insurers’ strategic priorities for 2026. title 2026 Strategic Focus: Cutting-edge Insurance Companies in the Age of Insurance IntelligenceThe report is based on Majesco’s preliminary research into how insurance companies are investing in technology and…

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Global insurance protection gap widens as growth shifts to emerging markets: Moody’s

Moody’s said the global insurance protection gap is widening as economic growth shifts to underinsured emerging markets, where insurance penetration remains low and catastrophe losses are increasingly uninsured. According to the company’s report, coverage gaps are generally larger in developing economies, where insurance penetration remains low due to limited availability and affordability constraints. In contrast,…

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Minesh Jani joins Gallagher Re as CEO of India

Global reinsurance brokerage and advisory firm Gallagher Re has confirmed that Minesh Jani has now joined as Chief Executive Officer (CEO), India, a news announced back in February. A Gallagher Re spokesperson said: “Minesh has built strong relationships with customers, markets and regulators in the region, resulting in continued growth and long-term partnerships. His forward-looking…

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U.S. P&C insurance industry’s financial performance improves through Q1’26: Verisk

Verisk data shows that the financial performance of the U.S. property and casualty (P&C) insurance industry improved year-on-year in the first quarter of 2026, with the combined ratio of insurers at 92.4, but premium growth slowed significantly. The industry expects net underwriting earnings of approximately $15.8 billion in the first quarter of 2026, according to…

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RGA appoints Laura Cockrill as CFO

Global life and health reinsurer Reinsurance Group of America (RGA) announced the appointment of Laura Cockrill as chief financial officer, effective immediately. Cockrill will succeed Axel André, who will leave the company on July 17 to pursue new opportunities. Cockrill has been with RGA for over 25 years and has distinguished himself in roles of…

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BMS establishes Global Capability Centre in Mumbai led by Nipun Mapara

BMS Group, an independent global insurance and reinsurance broker, has established a Global Competence Center (GCC) in Mumbai, led by Nipun Mapara as Managing Director (MD) and Sanjeev Poojari appointed as Head of Operations. The new center marks an important step in the broker’s long-term strategy to build data, analytics and artificial intelligence (AI) capabilities…

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