Category: Insurance

Africa Risk Capabilities Ltd. (ARC Ltd.), Africa’s first development-focused parametric insurance company, has permanently appointed David Maslo as its interim Chief Executive Officer (CEO) after successfully leading the company through a period of significant transformation. The ARC Ltd. board of directors appointed Maslo as interim CEO in June 2025. He previously served as chief risk…

A recent report from AM Best shows that the U.S. property and casualty industry will post its largest underwriting profit and lowest combined ratio in a decade in 2025, driven by improvements in underwriting performance and pricing. The ratings agency noted that the industry generated $84 billion in underwriting gains over the past two full…

Lockton, a privately held independent insurance brokerage, has appointed Jeremie Deschamps as regional head of cyber consulting for Asia, based in Singapore. In his new role, Deschamps will lead the broker’s cyber advisory advice across the region, working closely with existing teams to help clients build cyber resilience and make informed decisions around risk management…

Artificial President Eric Joost said the company sees opportunities in the U.S. reinsurance market, particularly the wholesale market, MGAs and more structured distribution models, as companies seek to manage increasing submission volumes and higher operational complexity. Founded in 2013 and headquartered in London, Artificial builds technology and software tools for commercial insurers and brokers, and…

Global professional services company Aon has announced a new application programming interface (API) integration between Aon Broker Copilot and Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, making Aon Broker Copilot the first insurance company to integrate directly with Aon Broker Copilot via an API connection. The integration is expected to…

Re/insurance holding company WR Berkley Corporation has appointed John Enright as President of Berkley Specialty London and Chief Executive Officer (CEO) of WR Berkley Syndicate Management Limited, effective July 1, 2026. WR Berkley Syndicate Management Limited is the Lloyd’s managing agent of WR Berkley Syndicate 1967. The appointment is subject to regulatory approval. Enright succeeds…

Zurich-based catastrophe insurance data provider PERILS has released its third estimate of the Victorian bushfires that occurred from January 7 to 13, 2026, with insurance industry losses now standing at $860 million. PERILS explains that this loss figure is based on detailed loss data by postcode and property and motor hull lines of business collected…

Accelerant, a data-driven risk exchange platform for the specialty insurance market, has partnered with the newly launched WoodStar Reciprocal Exchange. WoodStar Reciprocal Exchange is a mutual insurance company funded by more than $220 million in surplus notes and capital from unrelated third parties, including KKR-backed specialty finance firm Kilter Finance and funds managed by alternative…

British insurance broking and financial services group Jensten Group has agreed to acquire Glasgow-based broker Kelvin Smith Insurance, subject to regulatory approval. Jensten Group said the deal was part of its ongoing strategy to expand regionally and further develop its Scottish operations. The acquisition will add 30 staff, an established Glasgow office and more than…

International specialty reinsurance/managing general agent (MGA) Rokstone has announced the addition of Claire Lill to its North American casualty team. Lill joins Rokstone’s established North American casualty leadership team, which includes Larry Burrows, Ben Baker, Alex Fitzpatrick and Lex Beesley. Together they are building a casualty platform that combines underwriting expertise, long-term capability partnerships and…