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Everest Group President and CEO Jim Williamson said the first quarter highlighted what the “new Everest” can offer, calling the company’s position the strongest in years and expressing confidence in its trajectory. The Bermuda-based global reinsurer posted net profit of $653 million in the first quarter of 2026, up more than 210% year-on-year, and its…

USQRisk, part of Ryan Specialty’s alternative risk arm, has hired John Levy of Swiss Re, one of Europe’s four largest reinsurers, as global head of structured reinsurance. USQRisk provides specialty re/insurance to corporate and re/insurer clients through its two core business units (Alternative Risks and Facilities, Structures, Price and Location) and develops innovative insurance programs…

Howden Re, part of Howden Re, has made five new appointments to its cyber reinsurance arm as it continues to respond to growing demand from clients around the world. Howden Re said the expansion supports the continued development of its cyber reinsurance capabilities, including establishing a dedicated presence in the United States to serve its…

Ategrity Specialty Insurance Company Holdings reported underwriting revenue of $13.3 million in the first quarter of 2026, an increase of 86.6% from $7.1 million in the same period last year, and a combined ratio of 87.4%, a decrease from 90.9% in the same period last year. The company attributed the improvement in combined ratio to…

UK insurance services provider Jensten Group has appointed Jaime Swindle to the newly created position of chief executive officer (CEO) of products and distribution, pending regulatory approval. The appointments follow the insurer’s recent reorganization of its executive leadership team and the division of the business into two clearly defined trading divisions: Brokerage and Product &…

Allstate reported total revenue of $16.9 billion in the first quarter of 2026, an increase of $489 million from the same quarter in 2025, and net income increased to $2.4 billion, reflecting strong underwriting performance. Meanwhile, Allstate’s active policies reached 212 million in the first quarter of 2026, reportedly reflecting growth in auto and homeowners…

Global insurance broker WTW’s revenue in the first quarter of 2026 achieved 8% (organic growth of 3%), reaching more than US$2.4 billion, and the company’s business revenue increased by 4% year-on-year to US$448 million. Excluding the impact of foreign exchange, revenue increased by 4% and operating margin fell to 18.6% in 1Q26 from 19.4% in…

Independent insurance broker Lockton has secured a reinsurance license in the Kingdom of Saudi Arabia, a move that marks the next stage of the company’s geographical expansion. Chris Brown, CEO of Lockton International, said: “This license strengthens our service and ensures we can meet the needs of our clients in Saudi Arabia and beyond when…

Richard Jones will join Willis Re, the reinsurance advisory and brokerage joint venture between Bain Capital (BCIS) and WTW, in October 2026 from Gallagher Re and will lead the reinsurance brokerage’s Asia operations in Singapore, subject to all regulatory approvals being obtained. Jones is an experienced and respected practitioner in the region, bringing nearly four…