Category: Insurance

International General Insurance Holdings Limited (IGI) has received a license to operate in the International Financial Technology City (GIFT City) in the state of Gujarat, India, the first and only international financial services center to operate in the country. The expansion comes after the International Financial Services Centers Authority (IFSCA) approved the registration of the…

The Geneva association, a global insurance industry organization that brings together senior leaders from major insurers and reinsurers to support research and discussions on risk and resilience, confirmed the change in the chairmanship following its 2026 spring board meeting on June 3. Lard Friese, CEO of Aegon and Chairman of the Executive Committee, has been…

Global professional services firm Aon, which specializes in risk, insurance, reinsurance, human capital and advisory services, said conditions in the cyber and technology errors and omissions (E&O) insurance market remain favorable for buyers, although insurers have become increasingly cautious as cyber threats continue to evolve. Aon said strong market capacity and competitive conditions continued to…

Global reinsurance brokerage and advisory company Gallagher Re announces the appointment of Chloé Meurisse as Director of FAC Division. In her new role, Meurisse will use her 28 years of experience in temporary reinsurance to strengthen and grow Gallagher Re’s European FAC business. The executive joins the firm with extensive experience in international client management…

Arthur Wightman, PwC’s Bermuda country leader, does not expect a fundamental collapse in pricing until 2026, despite continued softness in the reinsurance market on the property side and tight constraints on the capital and innovation magnets of the Bermuda market. In April, Reinsurance News met with Whiteman at PwC’s offices in Hamilton, Bermuda, to discuss…

Niyam Group, an India-focused reinsurance platform, has appointed Ash Bathia as a non-executive director to its board of directors. An industry veteran with nearly 50 years of experience, Bathia began his career as a casualty underwriter with Eagle Star in 1979 and spent 18 years with the company. He currently serves as Chief Executive Officer…

Without better data systems, shared standards and analytical capabilities to turn information into insights, insurers will be unable to accurately price risk, leaving households and businesses across the continent exposed to shocks that could erode years of development gains, the African Insurance Organization (AIO) said. This is according to AIO’s annual flagship publication Africa Insurance…

Cyber ​​risk analytics provider CyberCube has expanded its presence in the DACH region (Central European countries of Germany, Austria and Switzerland) through a new partnership with KOBAN SÜDVERS, one of Austria’s top insurance brokers. The agreement marks CyberCube’s first broker client in the Austrian market. KOBAN SÜDVERS is an internationally active consulting and brokerage company…

Arrowhead Intermediaries has appointed Benjamin Auray as chief commercial officer to boost its commercial capabilities in the specialty insurance market. In his new role, Auray will lead Arrowhead’s commercial strategy with a focus on driving organic growth through strengthening broker relationships and expanding into new markets. Auray has more than three decades of leadership experience…

Traditional acquirer DARAG Group has announced the completion of a portfolio transfer agreement for its global reinsurance book. The portfolio transfer was completed in May 2026 after DARAG acquired the entire portfolio from the internationally operating operator Ambra Versicherung AG (Ambra). The underwriting period of the transaction spans the 1970s to the 2010s and covers…