Skuld reports successful outcome for 2026/27 mutual P&I renewal

Marine insurance provider Skuld has reported successful and strong results for mutual P&I renewals in 2026/27, reflecting disciplined underwriting, firm market positioning and continued support from existing and new members. The Skuld shipowner’s mutual insurance and indemnity business book increased to 128 million gross tons (GT), a year-on-year tonnage increase of 6%. Skuld said it…

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SCOR’s Chris Beazley joins the IUA Board

The Board of Directors of the International Underwriting Association (IUA) has announced that Chris Beazley, Chief Commercial Officer of SCOR Business Solutions and CEO of SCOR UK and SCOR Syndicate, has joined its Board of Directors. The IUA Board of Directors governs and oversees the work of the Association to ensure the best trading environment…

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Markel Group names Wilson and Crowley as EVPs

Global reinsurance and insurance company Markel Group Inc. has appointed Simon Wilson and Andrew Crowley as its Executive Vice Presidents (EVPs), effective immediately. In addition to their current responsibilities, the two will also take on expanded responsibilities. Currently, Wilson serves as Chief Executive Officer (CEO) of Markel Insurance and Crowley serves as President of Markel…

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Zurich Australia expands in life insurance market with ClearView acquisition

Zurich Financial Services Australia (Zurich) has entered into an agreement to acquire ClearView Wealth Limited (ClearView) through a scheme of arrangement. The ClearView equity value of the transaction is approximately A$415 million. Zurich Australia confirms that the proposed acquisition has received the unanimous recommendation of ClearView’s directors. Implementation of the proposed acquisition is subject to…

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Solomon Islands records first climate risk insurance payouts following January heavy rainfall

The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first disbursement of the Solomon Islands Climate Risk Parametric Insurance Scheme. The payments were triggered by a heavy rainfall event in January 2026 and were processed through the bank’s regulatory…

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