Investor caution over pricing pressures continues to weigh on European insurers despite M&A speculation: J.P. Morgan
Global investment banking and financial services firm JP Morgan said investor concerns about weak pricing conditions in the reinsurance and commercial insurance markets continued to weigh on sentiment among European insurers, despite takeover speculation and growing interest in valuation-driven opportunities. in its latest love actuary Note that JPMorgan said discussions with investors in the UK,…
Euna Underwriting names Nicholas Hartley as Head of P&C
Specialist managing general agent Euna Underwriting has appointed Nicholas Hartley as head of property and casualty as it continues to develop and expand its multi-line offering. Hartley will play a key role in setting the direction for the continued growth of its property and casualty accounts. He has more than 25 years of experience in…
Rokstone launches $25m cargo stock-only programme
International specialty re/insurance managing general agent (MGA) Rokstone has launched a new freight-only inventory program with a capacity of $25 million, designed to provide customers with smarter, more flexible coverage and competitive premiums. Only a few MGAs have the interest, capabilities and capacity relationships to provide pure inventory coverage. The program is highly flexible and…
Resilience launches new cyber risk management platform purpose-built for multi-entity organisation
Cyber risk solutions company Resilience has announced the launch of Resilience Arc, a new cyber risk management platform built specifically for multi-entity organizations. The new platform continuously monitors and quantifies cyber risk for multi-entity companies, private equity firms and other parent companies, linking aggregate risk insights directly to insurance decisions. As organizations grow through mergers,…
Iwan Röpcke joins Fortegra as CEO, Belgium
Global specialty insurance company Fortegra announces the appointment of Iwan Röpcke as CEO of Belgium. Röpcke joins Fortegra with more than 25 years of insurance industry experience, covering brokerage, commercial leadership and executive management in the Benelux and wider European markets. Röpcke’s industry expertise spans a range of specialist risk areas and has deep relationships…
Asian Re posts $6.7m net profit and 91.4% CoR for 2025
Regional non-life reinsurer Asia Re (Asian Re) reported strong financial results for 2025, with net profit of US$6.7 million and a combined ratio of 91.4%. Since 2018, through a number of strategic initiatives implemented by management, Asia Re’s investment portfolio has grown steadily at a compound annual growth rate of 13.5%, with premiums reaching US$28.95…
Pro Global enters Australian market through GSI Professional Services acquisition
Pro Global, an international provider of professional services, consulting and technology solutions to the insurance industry, has announced the acquisition of Australian audit and advisory firm GSI Professional Services. The transaction strengthens Pro Global’s international audit and advisory business and marks a strategic step in the firm’s wider expansion plans in the Asia-Pacific region. With…
Carlos Grijalva joins Gallagher Re as Head of Cyber for APAC
Global reinsurance brokerage and advisory firm Gallagher Re has announced the appointment of Carlos Grijalva as executive director and head of network for Asia Pacific. Grijalva is reportedly based in Hong Kong and has extensive experience in underwriting and brokerage in Asia Pacific’s online markets. Most recently, he served as Asia Network Sales Director for…
Weinbach named as CEO-Elect at Radian ahead of Thornberry retirement
After nearly a decade at the helm, Radian Group Inc. CEO Rick Thornberry has reportedly informed the company’s board of directors of his intention to retire in December 2026, with Mike Weinbach set to take over as CEO on June 1, 2026. Since joining Radian as CEO in 2017, Thornberry has more than tripled the…
AXA XL promotes Goepp to Head of West, Excess Casualty and Bueno to Head of Central, USRM
AXA XL, the property, casualty and special risks arm of French insurance company AXA, has promoted Nick Goepp to head of excess casualty in the west and Lexi Bueno to central head of United States Risk Management (USRM). Both Goepp and Bueno will report to Matthew Stitham, chief casualty underwriting officer (CUO), Americas. Goepp, who…