Premium renewal rates down in Q2’26 across nearly all major commercial lines: Ivan
Ivans, a unit of Applied Systems, released its second-quarter Ivans Index results, showing that premium renewal rates fell year-over-year for nearly all major commercial lines. Workers’ compensation was the exception, as it increased slightly over the same period. By business line, the average premium renewal rate of commercial vehicles was 4.93%, which was lower than…
Moonrock Insurance names Rory Galloway as Chief Data and Actuarial Officer
Moonrock Insurance, a specialist insurer insuring emerging aviation risks including unmanned aviation, has appointed Rory Galloway as its first chief data and actuarial officer. The newly created executive positions reflect the company’s continued commitment to enhancing its use of data, analytics and actuarial expertise as it continues to develop its underwriting capabilities. Moonrock Insurance said…
AIG promotes Anouk Sireude to Head of Marine, Pacific
Global insurer and reinsurer American International Group (AIG) has promoted Anouk Sireude to head of Pacific marine. In her expanded role, Sireude will be responsible for the inland and ocean-going insurance business in Australia and New Zealand. Prior to joining AIG in August 2024, she spent more than eight years at Berkshire Hathaway Specialty Insurance…
Howden acquires Irish financial advisory business Thomond Asset Management
Global insurance and reinsurance broking group Howden expands its Irish presence through acquisitions Thomond Asset Management is the trading name of Folk Asset Management Limited, a financial advisory firm based in Limerick. Founded by Tom Fitzgerald, Neil Kelly and David O’Neill, Thomond Asset Management provides expert advice to individuals and business owners on financial planning,…
Reinsurance operations must evolve to remove constraining inefficiencies: INTX CEO Lewis
Rob Lewis, CEO of INTX Insurance Software, said that the reinsurance business is still limited by fragmented architecture and manual workflows. He believes that platforms must unify data, workflows and intelligence across risk economics to solve serious inefficiencies. INTX is a unified insurance platform that helps insurers modernize operations, connect data and accelerate product innovation….
Markel Canada names Marc Copland as VP, Product Line Leader – Property
Markel Insurance, the insurance business unit of Markel Group Inc., a specialty insurance company that provides commercial insurance products and services in multiple areas, has announced the appointment of Marc Copland as Vice President and Head of Property Product Line, effective immediately. In the newly created role, Copeland will oversee the strategic direction and continued…
Aon appoints Kary Trocchia as Carolinas Market Leader in North America
Aon, a global insurance and reinsurance broker and risk advisor, announced the appointment of Kary Trocchia as market leader for the Carolinas, effective August 1, 2026. In her new role, Trocchia will be responsible for the overall strategy and success of the Aon Carolinas market. She will work closely with venture capital and human capital…
Allstate estimates $563m in cat losses for June
Allstate Corporation, a U.S. provider of personal property and casualty insurance, estimates catastrophe losses in June 2026 at $563 million, or $445 million after taxes. That’s down from Allstate’s June 2025 estimate of $619 million, or $489 million after tax. Allstate also estimates total catastrophe losses for the second quarter of 2026 at $1.72 billion,…
Vantage recruits former Arch leaders Grandisson and Gansberg for Chairman and CEO roles
Diversified holding company Howard Hughes Holdings announced that former Arch Capital Group leaders Marc Grandisson and David Gansberg have been appointed executive chairman and chief executive officer (CEO), respectively, of Vantage Group Holdings. Howard Hughes completed its $2.1 billion acquisition of specialty insurance and reinsurer Vantage in June 2026. Back in April, the company welcomed…
Canopius adds Melanie Brown as Head of US Claims
Canopius Group, a global specialty property and casualty insurer and reinsurer, has appointed Melanie Brown as head of US claims, effective August 3, 2026. In her new role, Brown will report to incoming Canopius Group Chief Claims Officer Steve Parry. She will lead the reinsurer’s U.S. claims function, ensuring high-quality results for policyholders and brokers…