Favourable commercial insurance market offers opportunities for US buyers: Lockton
Lockton, a privately held independent insurance broker, said conditions remain favorable for U.S. commercial insurance buyers in most coverage categories, creating opportunities to strengthen insurance programs and ensure long-term value. However, the company warned that changing economic conditions, geopolitical uncertainty and broader industry disruption could alter market dynamics in the coming months, according to its…
Guy Carpenter names Sugrue Head of International Business Intelligence
Marsh Reinsurance broker Guy Carpenter has announced the appointment of Dennis Sugrue as head of international business intelligence. In this role, Sugrue will lead the development of industry risk insights to drive thought leadership and client solutions for the brokerage. He will also work closely with the firm’s brokerage, analytics and advisory teams to provide…
MGA Amulet Specialty launches with multi-line offering
Amulet Specialty, the professional managing general agent (MGA) powered by MISSION, has launched a comprehensive product portfolio covering property types as well as casualty, liability and business interruption. By combining specialized underwriting expertise with advanced technology, Amulet aims to eliminate unnecessary administration, allowing teams to focus on building broker relationships and delivering optimal client outcomes….
Everest appoints Craig Hanrahan as Global Distribution & Chief Commercial Officer
Everest Group, Ltd., a global leader in specialty insurance and reinsurance, announced the appointment of Craig Hanrahan as global distribution and chief commercial officer, effective August 1, 2026. In his new role, Hanrahan will lead Everest’s global distribution strategy and key commercial relationships for the re/insurance business. He will work closely with business leaders to…
MRS-NA announces enhancements to Real Estate Professional Liability solution
Munich Re Specialty Insurance – North America (MRS-NA) has expanded its real estate professional liability solutions to provide specialized protection for real estate professionals facing increasingly complex professional, regulatory and operational risks. Designed for the dynamic real estate market, this insurance helps protect businesses from claims involving errors, omissions, negligence, misrepresentations and other professional services…
Arch Re promotes William Soares and Jon Schriber
Arch Reinsurance Group, a unit of Bermuda-based Arch Capital Group Ltd., has appointed William Soares as chief executive officer (CEO) of Arch Reinsurance Ltd. in Bermuda and Jon Schriber as chief executive officer of Arch Reinsurance Company in the United States, effective immediately. Suarez and Schrieber will both report to Jerome Halgan, who was appointed…
Marsh remains world’s largest insurance broker with 2025 revenues of almost $27bn
Global insurance brokerage and risk advisory firm Marsh remains the world’s largest insurance brokerage, with revenue approaching $27 billion in 2025, according to ratings agency AM Best. AM Best’s annual rankings, based on total revenue through 2025, highlight the continued growth of the world’s largest insurance brokerages. You can view our table of the top…
QBE expands US Inland Marine team with several hires
Global insurer QBE has strengthened its U.S. Inland Marine team with several new hires, including the addition of Brian Hanuschak to the leadership team as vice president of underwriting in Boston. In January 2025, QBE entered the US Inland Marine market with three key appointments and the launch of the US Inland Marine business line….
PERILS lowers industry loss estimate for windstorm Goretti to €468m
Zurich-based catastrophe insurance data provider PERILS has released its third industry loss estimate for Windstorm Goretti (also known as Elli), which affected southwestern England, northern France and Belgium on January 8-9, 2026, costing €468 million. Storm Goretti was an intense extratropical cyclone that produced strong winds in the English Channel and adjacent coastal areas. Cornwall…
European Commission approves Zurich’s acquisition of Beazley
The European Commission has approved the acquisition of exclusive control of London-based specialist insurance company Beazley by global insurer Zurich Insurance Group Ltd under the EU Merger Regulation. The Commission concluded that the notified transaction did not raise competition concerns given the company’s limited market position. The announced transaction has been reviewed under the streamlined…