ARPC reports ongoing improvements in insurance affordability and availability through cyclone pool

The Australian Reinsurance Pool Corporation (ARPC), the government agency that manages Australia’s terrorism and cyclone reinsurance arrangements, has released its latest premium review, reporting continued improvements in insurance affordability and access in areas with the highest hurricane risk. According to ARPC, average homeowners insurance premiums in areas with the highest hurricane risk have fallen 37%…

Read More

ANV Group launches LaunchPad incubator for specialist MGAs

ANV Group Holdings Ltd., the independent global insurance intermediary platform, has launched ANV LaunchPad, a new incubator platform designed to help experienced underwriting teams build and grow specialist MGA businesses. The company says ANV LaunchPad is designed to provide comprehensive support throughout the launch of a new MGA. ANV Group said the platform provides assistance…

Read More

Chedid Insurance Brokers appoints Jad Kanbar as Regional CEO

Chedid Insurance Brokers Network, a fully integrated brokerage network part of Chedid Capital Group, has announced the appointment of Jad Kanbar as regional chief executive officer (CEO). With more than two decades of insurance and reinsurance industry expertise, Kanbar brings a proven track record of business development, operational leadership and market expansion across the MEA…

Read More

Hippo expands multi-peril coverage to include wildfire with latest catastrophe bond

Technology-based insurance group Hippo announced the closing of Mountain Re Ltd. (Series 2026-1), a $100 million catastrophe bond that provided multi-year collateralized reinsurance protection against a variety of risks in the United States. The offering was sponsored by Spinnaker Insurance Company, a wholly-owned subsidiary of Hippo, and consisted of $100 million in Class A notes….

Read More

Reinsurance Association of America names Donegan as SVP, Head of State Relations

The Reinsurance Association of America (RAA), the U.S. property and casualty reinsurance industry association, has appointed Susan Donegan as senior vice president (SVP) and head of country relations, effective June 1, 2026. Donegan is an industry veteran who most recently served as chief regulatory officer for the National Council for Compensation Insurance (NCCI), where he…

Read More

MNRB’s Labuan Re acquisition to strengthen reinsurance focus and boost international growth

Malaysian investment holding company MNRB Holdings Berhad announced the signing of a conditional share purchase agreement to acquire the remaining 80% equity interest in Labuan Reinsurance (L) Ltd for approximately US$100.69 million in cash. Currently, Labuan Reinsurance is an associate company of Malaysia Reinsurance Berhad, a wholly-owned subsidiary of MNRB, holding a 20% stake. Upon…

Read More

Everest advances strategic overhaul with AIG Colombia deal

Bermuda-based global reinsurer Everest has agreed to sell Everest Compañía de Seguros Generales Columbia SA to American International Group (AIG). The transaction follows the previously announced sale of its global commercial retail insurance renewal rights to AIG and the sale of its Canadian retail insurance business, the company said. It also reportedly marks “another key…

Read More

Aon reshapes regional leadership team with senior appointments across EMEA and LatAm

Aon, a global professional services firm focused on risk, health and wealth solutions, has announced a series of leadership changes affecting its EMEA and Latin America (LatAm) businesses, including the appointment of Kai-Frank Buechter and Tracy-Lee Kus as co-CEOs of EMEA, effective June 1. Under the revised structure, Buechter will be responsible for the business…

Read More