Kingstone Companies extends Golden’s term as President and CEO till January, 2029

The board of directors of property and casualty (P&C) insurance holding company Kingstone Companies, Inc. has extended the term of Meryl Golden as president and chief executive officer until January 10, 2029. The Compensation Committee recommended an extension as Golden’s current agreement expires on January 10, 2027. Previously, the insurance company announced in a letter…

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UK life insurers’ annuity volumes expected to rebound in 2026 while margin pressure persists: Fitch

Global credit rating agency Fitch Ratings expects activity in the pension risk transfer (PRT) market for UK life insurers to resume in 2026. Fitch Ratings linked this expectation to continued demand from defined benefit pension plans seeking to reduce balance sheet risk and the potential resurgence of larger deals. The agency noted that total PRT…

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Reassured partners with Adviser.Ai to support digital transformation and customer experience

UK-based life insurance brokerage Reassured has partnered with Adviser.AI to support its digital transformation strategy and improve how it interacts with customers. Adviser.AI is a cloud-based customer engagement and automation platform designed for the protection and insurance industry, supporting communication through channels such as email and SMS. The partnership aims to support automation and simplification…

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Australia’s non-life insurers remain resilient amid volatile risk landscape: AM Best

Australia’s non-life insurance industry has shown resilience in the face of an increasingly complex and interconnected risk landscape, with total insurance revenue of approximately A$77.7 billion (US$54.1 billion) in the year to June 30, 2025, according to AM Best. Best’s market segmentation report “Australian Non-Life Insurance Segments: Leading Growth in a Volatile Environment” shows that…

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Selective posts revenue growth and double-digit investment income gains in Q1’26

Selective Insurance Group, Inc. reported higher revenue and investment income and continued growth in book value per share in the first quarter of 2026, despite rising catastrophe losses impacting underwriting profitability. In the first quarter of this year, Selective’s total revenue increased 6% year-on-year to $1.36 billion, and net premium income increased 5% to $1.22…

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Openly expands reinsurance partnership with Allianz Re alongside new growth investment

Openly, a technology-enabled homeowners insurance provider, announced the expansion of its long-term reinsurance partnership with Allianz Re, strengthening the structure that supports its homeowners insurance portfolio. The company also closed a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X. Publicly stated that…

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Kristyn Smallcombe named CUO of Ascot U.S.

Global specialty insurance and reinsurance group Ascot announces the appointment of Kristyn Smallcombe as Chief Underwriting Officer (CUO) of Ascot US In her new role, Smallcombe will be responsible for developing and executing Ascot’s US underwriting strategy, with a focus on profitability, growth and diversification across the insurance platform. She will report to Ascot US…

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