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EMEA reinsurance market experiences continued softening at July renewals: Gallagher Re

Reinsurance buyers in the Middle East achieved significantly lower risk-adjusted rates during the July 2026 renewal period as ample capacity and intense competition accelerated market weakness across the EMEA region. Gallagher Re’s First View Renewal Report for July 2026 shows that reinsurance buyers have entered a period in which conditions have further favored them, allowing…

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London Engineering Group to become affiliated with IUA

London Engineering Group (LEG) has become an affiliate of the International Underwriting Association (IUA), the representative body for insurance and reinsurers operating in the London market. Founded in 1984, LEG is an insurance consultancy covering engineering risks, providing a forum for discussion and education, and publishing research and model clauses. IUA represents more than 80…

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Corgi appoints Joe Els as Head of Portfolio Risk

AI-native insurance company Corgi has announced the appointment of Johannes Els as head of portfolio risk. In his new role, Ells will lead Corgi’s insurance portfolio monitoring and risk strategy, overseeing portfolio risk discipline, reserving, technology pricing and capital model oversight across the company’s full-stack operating group. He has over 20 years of general insurance…

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Incline P&C Group enhances partnership with Accelerant

Incline P&C Group, a leading insurance program market services company, has entered into an expanded partnership with Accelerant, a data-driven risk exchange platform for the specialty insurance market. As part of the agreement, Incline will serve as a front-loaded carrier for Accelerant’s U.S. commercial specialty insurance portfolio of more than $500 million in annual gross…

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Property cat market softening persists in Australia and New Zealand at July 1: Gallagher Re

The property catastrophe reinsurance market in Australia and New Zealand continues to soften with “relatively late” renewals on July 1, according to data from Gallagher Re. First POV, Creative Moment – ​​July 2026 Updated Report. Gallagher Re, the reinsurance brokerage and advisory firm owned by Arthur J. Gallagher, said ample capacity, weak demand and increased…

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VIG Re obtains regulatory approval for APAC Representative Office in Singapore

VIG Re, the reinsurance arm of Vienna Insurance Group, has obtained the required regulatory approvals from the Monetary Authority of Singapore (MAS) and met applicable requirements for establishing a representative office in Singapore. As previously reported, the office will be led by Wilfrid Goh, who has been appointed Chief Representative for Asia Pacific (APAC). The…

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