Santam Syndicate 1918, the Lloyd’s Group subsidiary of Santam Group, Africa’s largest non-life insurance company, has strengthened its underwriting team with the appointment of two experienced London market professionals. The company has hired Neil Smith to build and lead its international automotive business, while Stephen Kiedish joins as a senior underwriter in the real estate…

Specialty insurer RLI Corp. reported gross written premiums (GPW) of $579.7 million in the second quarter of 2026, up 3% from $562.3 million in the same period last year. RLI said the growth in total premiums was driven by its casualty division, which generated $339 million in premiums. Properties generated $199.3 million, while guarantees generated…

Goosehead Insurance, an independent personal insurance agency, has appointed Mark Jones, Jr. as its new chief executive officer (CEO), effective January 1, 2027. Mark Miller will retire on December 31, 2026. Currently, Jones, Jr. serves as Goosehead’s President and Chief Operating Officer. Additionally, following his retirement, Miller will continue to serve on the company’s board…

Evan Greenberg, chairman and chief executive officer (CEO) of global insurance company Chubb, said the company’s artificial intelligence tokens cost only a fraction of the efficiencies and improvements it will gain. During Chubb Limited’s second-quarter 2026 earnings call, Greenberg was asked about how the company balances rising technology deployment costs with its ability to save…

According to the latest Global Insurance Market Index (GIMI) released by Marsh, global commercial insurance rates fell 6% in the second quarter of 2026, the eighth consecutive quarter of decline, driven by ample capacity and fierce competition from insurers across all major product lines. “Insurers’ strong profitability, excess capital, lower reinsurance costs and improving investment…

Global specialist reinsurance brokerage Consilium has appointed Samuel Outram as managing partner of its energy risk solutions division, expanding its specialist energy capabilities. Outram is a broker with over 17 years of experience in the upstream and midstream energy markets, with deep expertise in operator well premiums/controls, energy-related PD and energy packages. Most recently, he…

BirdsEyeView, a technology provider of natural hazard modeling and risk management solutions to the insurance industry, has announced a multi-year partnership with Market Lane Insurance Group, one of Australia’s largest independently owned Lloyd’s underwriters. Through this partnership, Market Lane Insurance Group and its related brands will leverage BirdsEyeView’s CERA® platform to support their catastrophe risk…

RenaissanceRe maintained underwriting discipline in a softer and more competitive market in the second quarter of 2026, with CEO Kevin J. O’Donnell saying strong underwriting performance “anchored” results, with the reinsurer delivering $599.1 million in underwriting revenue and a combined ratio of 72.8%. While underwriting revenue was essentially the same as the $601.7 million in…

Aon plc, a global professional services firm focused on risk, retirement, health and wealth solutions, has appointed Brian Fomby as Managing Director of PathWise North America, part of the firm’s Strategy & Technology Group, effective July 27, 2026. In this role, Fomby will report to Van Beach, global head of lifestyle solutions for Aon’s Strategy…

KYND, a cyber risk intelligence provider that helps businesses and insurers understand and manage cyber risks, warns that as organizations introduce artificial intelligence tools without always disclosing their use, insurers could accumulate hidden AI-related risks in their portfolios. In its latest white paper, The Wild West of AI Risks, KYND says the immediate challenge for…