Amiga Specialty new Yacht division secures £/$25m Lloyd’s capacity and global licensing
Amiga Specialty, a specialist managing general agent (MGA), has secured £25m/USD ‘A Class’ global licensing capability for its yachting division, marking a major step forward in the development of its specialist marine product. The newly acquired capacity will enhance Amiga Specialty’s ability to underwrite complex yachting risks globally. While the unit will underwrite yachting risks…
Amiga Specialty new Yacht division secures £/$25mn Lloyd’s capacity and global licensing
Amiga Specialty, a specialist managing general agent (MGA), has secured £25m/USD ‘A Class’ global licensing capability for its yachting division, marking a major step forward in the development of its specialist marine product. The newly acquired capacity will enhance Amiga Specialty’s ability to underwrite complex yachting risks globally. While the unit will underwrite yachting risks…
Legal reforms and disciplined underwriting combine to restore confidence in Florida’s property market: Guy Carpenter
A new report from Marsh’s Guy Carpenter finds that legal reform, greater construction resilience and disciplined underwriting have helped restore capital and confidence in Florida’s real estate market, with risk-adjusted real estate catastrophe pricing generally down 15% – 20% across multiple tiers at June renewals and reinsurance capacity for Florida customers increasing by more than…
Enrico Bertagna named CEO of Arrow MGA Solutions to support European expansion
Arrow Global Group, a pan-European investment management company specializing in private credit and real estate, has appointed Enrico Bertagna as CEO of Arrow MGA Solutions, the managing general agency partners division within Arrow Global Insurance (AGI). Arrow Global said the appointment was part of its strategy to strengthen AGI’s MGA business and expand its specialty…
Boost Insurance launches AI-Driven portal for Specialty Commercial Brokers and MGAs
Insurance infrastructure platform Boost Insurance Holdings, Inc. announced the release of Boost Atlas, an AI-enabled broker and managing general agent (MGA) portal designed to compress placement workflows from hours to seconds. Boost Atlas serves as the integrated distribution interface for the Boost comprehensive MGA platform. It provides a centralized portal where MGAs and brokers can…
HDI Global names new Head of Liability Global Risk as leadership transition confirmed
HDI Global, the corporate and specialty insurance company of Talanx Group, has announced the appointment of Kai Schulte-Schrepping as its new global head of liability risk, effective July 1. The move is part of an internal leadership transition that will continue to focus on strengthening the global liability portfolio and U.S. markets. HDI Global confirms…
Somalia secures $5.5m drought parametric payout from ARC
African Risk Capacity (ARC) paid $5.5 million in drought insurance payouts in Somalia based on confirmed parametric indices. This amount was paid to the Government of Somalia (SODMA) (62.7% of the total), Start Network (21.5%) and WFP (15.8%). As of May 2026, the three organizations have reportedly supported more than 153,000 people combined through parametric…
US flood exposure points to large potential uninsured losses and credit pressure for local govs: Moody’s Ratings
An assessment written by Jennifer Chang, senior vice president of sustainable finance credit at Moody’s Ratings, and Firas Saleh, director of North American flood modeling, assessed residential flood risk across the United States and found a large gap between insured and uninsured losses at the county level under different flood scenarios. Moody’s ratings indicate that…
Andrew Thompson to lead Price Forbes’ Accident, Health & Contingency team as Director
Specialist insurance and reinsurance broker Price Forbes has announced the appointment of Andrew Thompson as director of Price Forbes’ accident, health and emergency team. Thompson brings more than thirty years of London market experience to the role. His deep expertise in emergency response spans some of the world’s most high-profile events, from global concert tours…
B.P. Marsh’s Net Asset Value rises 10.3%, Brian Marsh transitions to Founder and Life President
BP Marsh & Partners announced that net asset value (NAV) for the year ended 31 January 2026 increased by £33.8 million to £360.2 million, an increase of 10.3% on the previous year. The company’s stock portfolio, adjusted for investments and realizations, grew 21.4% during the same period. However, consolidated pre-tax profits fell to £49m, down…