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Bermuda’s global reinsurance market recorded its highest level of gross premiums and revenues in 2025, according to new figures from the Association of Bermuda Insurers and Reinsurers (ABIR), the industry association representing Bermuda’s leading insurance and reinsurance companies. ABIR’s 2025 Global Underwriting Report found that participating members generated $197.5 billion in gross premiums and revenues…
Global insurer American International Group (AIG) has confirmed that Peter Zaffino will step down as Executive Chair and a member of the Board of Directors on September 15th, 2026, with John Rice taking over as Chair of the AIG Board on the same date. Zaffino transitioned from President and CEO to Executive Chair of AIG…
Reinsurers are becoming increasingly selective about the MGA programmes they support, with underwriting profitability, data quality, governance, and the strength of the carrier relationship emerging as key differentiators, according to Accredited’s Head of Reinsurance UK and Europe, Jon Wood, and Head of Business Development, Marco Hensemberger. As the program market has matured, the pair said…
AXA XL Reinsurance, part of AXA XL, has announced the appointment of Augustin Gas as Head of Asia, Reinsurance, effective 1 September 2025. In his new role, Gas will be responsible for managing AXA XL’s regional reinsurance business across Asia, working with key clients and brokers in the region and leading the team based in…
We’ve endured blistering heat this summer, which has made it pretty much impossible to do anything other than walk to the end of your road. My gym has been impossibly busy, thanks to the fact it has both an air con and a pool. It’s no wonder that, as temperatures climb, people are flocking towards…
The Lloyd’s reinsurance market is facing intensifying softening pressures in 2026, particularly across property catastrophe business, although rates have declined from a very strong peak and are still expected to remain adequate, according to AM Best. Reinsurance is Lloyd’s largest segment, reportedly accounting for around one-third of the market’s gross written premium. The segment generated…
I love brushing my teeth. There, I said it. Thus, my toothbrush is probably the most important part of my day. It wasn’t until I switched to the SURI Pro, though, that I realised I’d been using an amateur electric toothbrush for far too long. While I was a big fan of the brand’s award-winning…
Today’s risk landscape is more connected and faster moving, and as the environment continues to evolve, what’s important across the re/insurance value chain is charging an adequate rate, according to Urs Baertschi, Chief Executive Officer (CEO) of Property & Casualty (P&C) Reinsurance at Swiss Re. In a video interview ahead of the 2026 annual meeting…
Jamie Foxx is reflecting on surviving a life-threatening brain bleed that led to a stroke in April 2023, suggesting he had some questions for God at the time. “I was talking to him,” said the Oscar winner, 58, gesturing toward the sky on a recent episode of “Baby, This Is Keke Palmer.” “This is me,…
Once your parents, grandparents or other older adults in your life reach a certain age, it’s natural to become hypervigilant about their changing health, wanting to catch any potential issues as soon as possible. (Not to mention, it makes you more self-aware about your own signs of aging.) Certainly, that includes being aware of the…