Category: Insurance

Lumos Insurance, a wholly owned subsidiary of financial services holding company Hoplon Capital, has appointed Tom Kenny as managing director (MD) and senior vice president (SVP) of global retirement and protection as it builds its global reinsurance business. In his new role, Kenny will also support Lumos’ growth in the aged market and retirement business…

Harry Vardigans, director of insurance at Fathom, said the US flood insurance market offers a “profound opportunity” to reimagine existing flood risk products and innovate new flood risk products ahead of reinsurance renewals on July 1. In a recent interview with Reinsurance News, Vardigans said a “new wave” of agile capacity providers and managing general…

Life reinsurer Pacific Life Re announced its third asset-intensive collective reinsurance agreement with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), the domestic life insurance subsidiary of Tokio Marine Holdings. The transaction focuses on in-force whole life insurance policies and is designed to mitigate long-term interest rate risk in Anxin Life’s investment portfolio….

Despite growing pressures such as the U.S.-Iran war, weak economic growth, rising inflation and rising government bond yields, business conditions in most insurance markets remain resilient, leading Fitch Ratings to maintain a “neutral” rating on the global insurance industry through mid-2026. The rating agency’s outlook for the global insurance industry is in line with its…

ANV Group Holdings Ltd., a global insurance intermediary platform, announced the completion of the acquisition of Associated Specialty Insurance Agency LLC (ASIA), a wholesale commercial insurance agency focused primarily on workers’ compensation insurance. Founded in 1994 and headquartered in Springfield, Pennsylvania, ASIA is a wholesale specialty agency with more than 30 years of experience providing…

United Insurance Brokers (UIB), an international independent insurance and reinsurance brokerage, has appointed Kevin Webb as director of its binder division, reinforcing the company’s focus on expanding its transportation and U.S. binder capabilities. Webb joins UIB with more than 25 years of insurance industry experience, particularly in the North American market and commercial transportation risks….

Specialist reinsurance broker Consilium has launched Scriptus, a newly established platform designed to provide brokers with proprietary complex commercial binding tools. The new product has been created to give UK brokers access to A-rated capacity, competitive pricing and broad underwriting interest. With Scriptus, brokers can bring casualty, contractor all risks (CAR) and property insurance under…

Global life and health reinsurer Reinsurance Group of America (RGA) has appointed Crystal Lu as senior vice president (SVP) of investor relations, effective June 8, 2026. In his new role, Lu will report to RGA Executive Vice President and Chief Financial Officer Axel André and lead investor relations strategy. In addition, she will liaise with…

Arch Insurance International has appointed Kendra Felisky as Chairman of the Board of Directors of Arch Insurance (UK) Limited (AIUK) and Arch Management Agency Limited (AMAL) following the retirement of Patrick Storey. Felisky is an experienced independent non-executive director and insurance professional who has served on the AIUK and AMAL boards since February 2021, bringing…

Vitesse, the financial infrastructure connecting the global insurance ecosystem, announces the appointment of Richard Reggel as Chief Commercial Officer for Europe. In his new role, Reger will lead commercial operations in the UK, Europe and other international markets, strengthening relationships with existing customers and expanding the company’s reach. Prior to joining Vitesse, he worked at…