Specialty managing general agent (MGA) Nirvana has signed a definitive agreement to acquire certain assets of Ryan C&S, whose ultimate parent company is Ryan Specialty, LLC. Ryan C&S is a division of Ryan Specialty Nordics and part of Ryan Specialty Europe GmbH, a subsidiary of Ryan Specialty, LLC. Financial terms of the acquisition were not…

Acrisure, a global fintech company providing insurance, reinsurance, real estate and financial services, has launched Acrisure Private Office, designed to support UK high net worth individuals and families with their complex personal insurance needs. The move follows Acrisure’s acquisition of Smith Greenfield earlier this year, integrating specialist private client expertise into the firm. Steve Smith,…

Major global insurance and reinsurance broking group Aon has expanded Tom Murray’s role to head of UK and Ireland reinsurance and appointed a new leader within the team to support the efficient delivery of solutions and services to clients. In addition to his role as co-leader of Aon’s global reinsurance business, Murray is responsible for…

RGA, a global life and health reinsurer that supports insurance companies with risk management and financial solutions, has signed two collective co-insurance agreements in Japan with Sumitomo Life Insurance Company and Tokio Marine & Nichido Life Insurance Company (Anshin Life). These transactions are part of RGA’s ongoing work with insurers to help manage existing investment…

Markel Insurance, the insurance arm of Markel Group, has announced the appointment of Bhavik Desai as Managing Director of its London market business, PFR and Networks. Desai succeeds David Sawyer, who will remain with the company until his planned retirement at the end of 2026. In his new role, Desai will be tasked with overseeing…

Liberty Mutual Insurance Group, a global insurer providing commercial and personal insurance products and services, has appointed Gareth Rees as global business head of its Global Transaction Solutions (GTS) business, effective July 1, 2026. Rees will be based in London and report to Thomas Leahy, global head of product for Liberty Mutual’s financial business. He…

Gallagher Bassett, a global claims and risk management provider operating in the UK, Europe, Middle East, Asia, North America and Australia, highlighted how changing weather patterns are leading to rising costs in loss adjustments and increasing complexity in property claims. Traditionally, insurers and claims agencies have been able to rely on seasonal patterns, regional risk…

Specialist insurance and reinsurance broker AI12 Limited has announced the appointment of Alfie Langley as Head of Networks, a move that will expand the firm’s network capabilities while continuing to build depth across its specialist insurance platform. In his new role, Langley will be responsible for establishing and growing AI12’s cyber expertise across the UAE,…

Swiss Re Research Institute, a subsidiary of the global reinsurance company, said it expects real growth in global non-life insurance premiums to slow to 0.6% in 2026, reflecting competitive pricing conditions and slowing economic momentum. Non-life insurance premium growth has slowed well below the long-term trend of 3.6% (CAGR 2015-2024). Swiss Re Institute noted that…

The Australian Prudential Regulation Authority (APRA) has completed revisions to the general insurance and reinsurance framework to improve access to alternative reinsurance options while protecting policyholder interests. This reform marks the completion of APRA’s fourth commitment under the “Achieving Balance” agenda and has successfully reduced the regulatory burden on the industry. In addition, the changes…