Category: Insurance

The Association of British Insurers (ABI) has announced that the industry’s Fire Safety Reinsurance Facility has reported a second successful year, with a total of 730 risks securing insurance cover with a total sum of £19.6 billion, up from 703 risks in the previous year. Launched in April 2024, the facility was created by re/insurance…

Acrisure, a global financial technology and insurance company, has unveiled Auris AI, its applied AI platform designed to connect data, workflows, and AI-assisted decision-making across its portfolio of services. Built on Palantir’s platform, the system integrates client, carrier, contract and operational data into a unified engine, helping insurance professionals identify opportunities, coordinate workflows and serve…

Rokstone Agriculture, a specialist agriculture and livestock MGU, part of the international speciality re/insurance MGA Rokstone, has reached USD 125 million in premium income since its launch, including USD 34 million in GWP during the 12 months to ending June 2026. Five years after entering the market, Rokstone Agriculture, led by Eric Conklin, is now…

A new study conducted by global reinsurance broker Gallagher Re and KYND, a cyber risk intelligence provider that helps businesses and insurers understand and manage cyber exposure, has disclosed that digital footprint data can improve cyber claim prediction beyond traditional underwriting factors including revenue, industry, and geography. Ed Pocock, Global Head of Cyber Security at…

Willis, a WTW business, has promoted Gerard Owens to Head of Captive and Insurance Management Solutions, Ireland, effective 1 November 2026. In his new role, Owens succeeds Trevor Madden, who will lead Willis’ Captive and Insurance Management Solutions business in Singapore. Owens will report to Elizabeth Carbonaro, Managing Director, Captive and Insurance Management Solutions, Europe…

KBW, a financial services firm providing research and advisory services across the insurance and reinsurance sectors, expects property catastrophe excess-of-loss (XoL) reinsurance rates to fall by at least 10% at the 1 January 2027 renewals. The outlook comes from KBW’s commentary following the 2026 Rendez-Vous de Septembre (RVS), where the firm met with 16 companies…

Bloc Cyber, a specialty cyber insurance brokerage, has officially launched as an independent, carrier-agnostic firm aiming to serve regulated industries nationwide. The firm, headquartered in The Woodlands, Texas, provides access to over 100 specialty cyber carriers and delivers quote turnarounds in under 24 hours. With compliance-mapped programmes addressing HIPAA, CMMC, PCI-DSS, FERPA, GLBA, and SOC…

Global reinsurer Munich Re has appointed Laura Coppola as Head of Underwriting Management, US, Binding Authorities at Munich Re Specialty, North America (MRS-NA). In her new role, Coppola will lead a team of US-based underwriting managers who, along with members of the Binding Authorities managed underwriting team in London, are responsible for the overseeing and…

Significant pressure would be required to push reinsurance pricing to change direction from a continued easing to a hardening signal, nevertheless, the consensus at the 2026 Monte Carlo Rendez-Vous de Septembre (RVS) was that pricing remains adequate, according to Berenberg. At RVS 2026, Berenberg analysts met with representatives of Hannover Re, Hiscox, Munich Re, SCOR,…

Global specialty re/insurance company Ascot Group has bolstered its US Regional Executive Leadership team, expanded the North America Distribution role, and consolidated seven US business segments into five product verticals. Together, these changes aim to align underwriting expertise and regional leadership more closely around the exposures, geographies, and client segments Ascot serves. The appointments and…