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AM Best raises FuSure Re ratings on capital strength and Tencent support

Credit rating agency AM Best upgraded the financial strength rating of Hong Kong reinsurance company Fushang Reinsurance Company, a subsidiary of Tencent Holdings Ltd., to A (excellent) from A- (excellent). It also upgraded its long-term issuer credit rating to “a” (outstanding) from “a-” (outstanding), with a stable outlook. AM Best attributed the revised rating to…

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Chaturbhuj Bansal to lead MAPFRE Re India branch

MAPFRE Re, the reinsurance arm of Spanish insurance company MAPFRE, has announced the appointment of Chaturbhuj Bansal as head of its India unit, pending regulatory approval. With approval from the Indian International Financial Services Center Authority (IFSCA), MAPFRE Re’s India office was established in February 2026 at the Gujarat International Financial Technology City (GIFT City)….

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ANV acquires Hub’s workers’ comp MGA

Global insurance intermediary platform ANV Group Holdings Ltd. has acquired Specialty Comp Insurance Solutions (SCIS), a Texas-based managing general agent (MGA) specializing in workers’ compensation insurance that is difficult to place with a single policy, from Specialty Program Group, a subsidiary of Hub International. The acquisition is designed to strengthen ANV’s specialty product offerings and…

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Hannover Re appoints Sven Wilhelmsen as General Manager

Global reinsurer Hannover Re has announced the appointment of Sven Wilhelmsen as Managing Director. In his new role, Wilhelmsen will lead the global L&H digital solutions portfolio, develop the strategic roadmap and ensure efficient, value-focused delivery and adoption across Hannover Re’s markets, customers and internal user communities. He has over 15 years of experience in…

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Previsico integrates Snapshot Live’s visual monitoring into flood platform

Real-time flood forecasting Insurtech company Previsico has partnered with Snapshot Live to integrate real-time visual monitoring into its flood intelligence platform to enhance flood risk forecasts. Snapshot Live delivers AI-powered remote visual intelligence to help organizations eliminate operational blind spots in locations where traditional monitoring solutions fail. Snapshot Live’s solar-powered off-grid cellular cameras are deployed…

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Gallagher names Repko as Senior Director, Capital Solutions, PEMA

Insurance broker and risk advisor Gallagher has appointed Laura Repko to the newly created role of senior director of capital solutions, responsible for its global multi-discipline private equity and M&A practice (PEMA). The appointment highlights the broker’s commitment to serving lenders and borrowers in complex transactional situations, as well as continued investment in the wider…

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FutureProof launches AI E&S Program

Venture-backed insurtech startup FutureProof Technologies and Bridge Specialty Group have launched a new personal lines property insurance program designed to provide excess and surplus (E&S) coverage to apartments and renters in disaster-prone regions of the southeastern United States, including Florida and Texas. Global insurance wholesale broker Bridge Specialty Group will leverage its distribution network and…

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WTW expands digital asset protection offering through Redefind acquisition

Global advisory, brokerage and solutions company WTW has acquired Redefind, a technology platform focused on improving access to insurance products in the cryptocurrency and digital asset space. The acquisition is part of WTW’s broader strategy to develop insurance and risk management solutions for clients in the emerging space of digital finance. The company said the…

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