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Allianz Commercial reports insurance pressures amid rising geopolitical risk and shifting maritime losses

Allianz Commercial, the corporate insurance arm of Allianz Group, stressed that marine insurance companies are operating in an increasingly complex environment as global shipping, which accounts for about 90% of international trade volume, faces increasingly severe geopolitical and operational pressures. in its latest Safety and transportation reviewAllianz Business noted recent disruptions to major waterways, including…

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RGA names Senan O’Loughlin as Executive Vice President, Head of the Americas

American Reinsurance Group Inc., a global life and health reinsurer, announced the appointment of Senan O’Loughlin as executive vice president and head of the Americas, effective June 22. As part of his new responsibilities, O’Loughlin will also become a member of the RGA’s Executive Committee. He will be responsible for the company’s Americas operations, overseeing…

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Gallagher creates European carrier management head role as expansion continues

Gallagher has created the position of head of European carrier management to oversee the insurer’s partnership expansion in the region, with Harald Köberich, who joined through the 2024 acquisition of Germany’s Köberich Financial Lines, taking on the role while leading its European specialist unit. Köberich has more than 20 years of experience in the insurance…

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Ample capacity drives Florida Citizens’ 2026 risk transfer program amid strong cat bond demand

Final elements of Florida Citizens Property & Casualty Insurance Company’s 2026 risk transfer plan show that insurance-linked securities (ILS), catastrophe bond and mortgage markets continue to dominate the insurer’s protection purchases, with identifiable third-party capital supporting more than half of traditional reinsurance allocations and nearly 90% of overall reinsurance allocations. Two days ago, we reported…

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Arch Insurance

Arch Insurance Australia appoints Fariha Neda as Northern Region Executive Assurance Underwriting Manager

Arch Insurance Australia (Arch), a subsidiary of Arch Capital Group and provider of specialist insurance products and services, has appointed Fariha Neda as Northern Region Executive Assurance Underwriting Manager with immediate effect. In this role, Neda will oversee underwriting activities across the Northern Region Executive Assurance portfolio, delivering a range of liability solutions including directors…

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Majesco points to accelerating AI adoption reshaping insurance operating models

Majesco, a provider of AI-native and cloud-native software solutions to the insurance industry, has released a new thought leadership report examining insurers’ strategic priorities for 2026. title 2026 Strategic Focus: Cutting-edge Insurance Companies in the Age of Insurance IntelligenceThe report is based on Majesco’s preliminary research into how insurance companies are investing in technology and…

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