Lloyd’s council concluded former chief executive John Neal’s behavior fell “significantly below” the standards expected of Lloyd’s senior leaders following an investigation that also uncovered failings in the company’s governance and whistleblowing processes, with market leaders saying focus now turns to restoring confidence and implementing reforms. Following the findings of an investigation conducted with the…

WR Berkley Corporation CEO Rob Berkley said that the company has achieved more than 20% efficiency improvement in underwriting through artificial intelligence, and its efforts are mainly focused on the underwriting workbench and the digitization of the process from receipt to quotation. Speaking on WR Berkley Corporation’s second-quarter 2026 earnings call, Berkley said he sees…

Global insurance and reinsurance brokerage group Howden has appointed Junichiro Ito as head of natural resources for Japan. Ito has over 20 years of experience in offshore wind, insurance and risk management. Prior to joining Howden, he worked at GE Vernova, most recently as country leader for Japan’s offshore wind business. In this role, he…

SSpecialist marine general agency (MGA) Amphitrite Underwriting London has announced the appointment of Jack Thompson as war underwriter with immediate effect. In his new role, he will support the further development of Amphitrite’s marine warfare products, delivering responsive and efficient solutions to the changing needs of the marine industry. Thompson will be based in London…

A wholly-owned subsidiary of Sompo International Holdings Ltd. has officially signed an agreement to acquire Brazil’s Fator Seguradora, a company specializing in corporate insurance and commercial risk management solutions, with particular strengths in the property, guarantee and financial sectors. The transaction is still subject to customary regulatory approvals. Sompo said the acquisition, once completed, would…

Global property and casualty insurer Chubb reported that property underwriting revenue increased 18.8% year-over-year to $1.94 billion in the second quarter of 2026, compared with $1.63 billion in the second quarter of 2025. Meanwhile, the insurer’s combined ratio improved to 83.8% in Q2 2026 from 85.4% in Q2 2025. Evan G. Greenberg, Chairman and Chief…

Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has launched a global life reinsurance business with Christian Howells as head of life reinsurance. Willis Re said the new business was created to provide independent life reinsurance advisory and brokerage services globally to organizations such as life insurers, reinsurers…

global insurance broker Gallagher relaunches aviation insurance portal Jacinth with enhancements to help Customers increase efficiency and provide analytical insights into their risk profile. Jacinth provides clients with connected insurance management systems. Ability to track aircraft fleet status in real-time; provide detailed claims information and analysis; and dynamic risk-based premium feedback. Features also include instantly…

Tokio Marine HCC International (TMHCCI), a subsidiary of Tokio Marine HCC Group of Companies, announces the appointment of Gülsah Dagdelen as Head of Network International, effective July 1, 2026. Dagdelen succeeds Xavier Marguinaud, who has held the position since 2020 and has helped grow TMHCCI’s network offering from a single product line within Financial Lines…

Jessica Villapañe has joined Swiss Re Corporate Solutions, the commercial insurance arm of global reinsurance giant Swiss Re, as a new account and distribution manager based in London. Villapañe brings almost two decades of London market insurance experience spanning strategic relationship management roles on both the insurer and broker side, as well as a wealth…