Category: Insurance

Canada Life has completed a £55 million buy-in deal with the Energy Industry Pension Plan, providing future benefit security for more than 250 pensioners and 450 deferred members. Katie Sokolowski, Canada Life’s head of business development for bulk purchase annuities, said the company is pleased to support fiduciaries taking this important step in their de-risking…

Sompo, a global provider of commercial and consumer property, casualty and specialty reinsurance, has appointed Henry MacHale as chief underwriting officer (CUO) and head of strategy for its insurance business in international markets. He will be based in London and report to Sompo International Markets CEO Alessa Quane. In his new role, McHale will work…

AXA XL, the property, casualty and professional risks unit of French insurance company AXA, has appointed Allen Kwan as head of brokerage management for its U.S. brokerage management team. He will be based in New York and report to Liz Rychling, head of Americas large commercial and mid-market broker relations at AXA XL. In his…

Lloyds Bank, a leading UK financial services provider serving corporate, institutional and retail clients, has announced its results 10th Annual Financial Institution Sentiment Survey. The research gathered the views of more than 100 senior leaders from the UK banking, insurance, private equity, asset management and wealth management industries. Lloyds Bank’s findings indicate that insurers are…

Liria Martinez-Salmon, managing director and head of Southern Europe at Devonshire Underwriting, told Reinsurance News that the number of claims notifications in the Southern European traded risk insurance market has increased by more than 100%. We recently discussed the current trading risk market conditions with Martinez-Salmon and highlighted the significant increase in claims notifications. “We…

Corgi, an AI-native insurance platform that helps businesses manage technology-related risks, announced the appointment of Jeremy Eisemann as head of government affairs and deputy general counsel. In his new role, Eisman will lead the firm’s government affairs strategy and support legal operations, regulatory engagement, policy development, corporate governance and strategic initiatives. He will work closely…

AXA XL, the property, casualty and professional risks division of French insurance company AXA, has announced a strategic partnership with Samsara, a pioneer in the Connected Operations® platform. Samsara’s open platform, known for its user-friendly interface and advanced data analytics, will be integrated into AXA XL’s suite of risk solutions in the UK. This will…

Global insurance and reinsurance brokerage and risk advisor Aon has announced the appointment of Marcelo Elias as head of client and sales growth in Brazil. In his new role, Elias will play a key role in Aon’s expansion plans and the development of new partnerships. His appointment strengthens Aon’s engagement with clients and industries driving…

Qatar Development Bank (QDB) has signed an export credit reinsurance agreement with SACE SpA, the Italian export credit agency and one of the world’s leading export credit agencies (ECAs). The agreement, signed on June 11, 2026, creates a framework for the two institutions to promote cooperative export activities of Qatari and Italian companies in third…

Fenchurch Advisory Partners, an independent investment banking advisory firm, announced that it has entered into a definitive agreement to merge with Broadhaven Capital Partners. Fenchurch specializes in the financial services sector and has offices in London, New York and Paris. It provides independent advice to businesses and financial sponsors in the insurance, asset and wealth…