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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…
In the second quarter of 2026, U.S. commercial insurance prices continued to grow, with an aggregate price increase of 0.5%, according to WTW’s latest Commercial Lines Insurance Pricing Survey. The survey compares premiums for policies underwritten during the quarter with those for the same coverage in the prior year. The aggregate price increase in Q2’26…
Tokio Marine HCC (TMHCC) International, a member of the Tokio Marine HCC group of specialty insurance companies headquartered in Houston, Texas, has appointed Nicolas Pelletier to the newly created position of Head of Distribution – Europe. Pelletier takes up the role on 1 September 2026 and will be responsible for developing and strengthening the insurer’s…
Trium Cyber, a specialist cyber insurance and risk transfer provider, has announced that its Chief Executive Officer (CEO), Josh Ladeau, will step down from his role, with Dave Stanard, CEO of Trium Holdings, serving as Interim CEO of Trium Cyber. Ladeau joined Trium in September 2022 and has since played a pivotal role in the…
The Lloyd’s Market Association (LMA), the body representing the interests of Lloyd’s managing agents and members’ agents, has announced the appointment of Christiern Dart, Chief Executive Officer of MS Amlin, to the LMA Board. The LMA is governed by a Board that sets the overall strategy, direction and priorities of the Association. The Board is…
The U.S. property and casualty (P&C) industry recorded $31.2 billion in net underwriting income in the first half of 2026, nearly triple the $10.9 billion reported in the same period a year earlier, according to a recent report by AM Best. The report revealed that the P&C industry saw a 3% increase in net earned…
Carbon Underwriting Limited, a delegated authority underwriting specialist with its own Lloyd’s syndicate, has appointed Phil Wooldridge as its new Head of US Casualty and Deputy Active Underwriter, effective 28 September 2026. In his new role, Wooldridge will grow Carbon’s book of business for US policies covering long-tail casualty risks. He will work closely with…
MNK Group, the independent international insurance group, has completed the acquisition of 100% of Danish insurer ETU Forsikring A/S, following approval from the Danish Financial Supervisory Authority (Finanstilsynet). According to the announcement, MNK Group’s main focus is to strengthen ETU as a Danish insurer. By deploying fresh capital into the firm, the Group plans to…
Global professional services firm Marsh has launched Unity D&O, a new European directors and officers (D&O) insurance facility for private and public organisations with revenues up to €1 billion. The facility will be initially available in France, Belgium, Luxembourg, the Netherlands, Denmark, Finland, Norway, and Sweden, and has been designed to help organisations address uncertainty…