Category: Insurance

A recent report from Autonomous showed that growth momentum for European reinsurers has stalled after several years of outperformance, with analysts warning that maintaining top-line growth and margins will become increasingly challenging in 2026 due to a weak pricing cycle. Analysts say reinsurers will stall in 2025, pressured by a weak pricing cycle, foreign exchange…

Lee Gammon has been promoted to the newly created position of Head of Maritime and Aviation at AXIS Global Markets, the global insurance and reinsurance business of AXIS Capital, effective January 1, 2026. Gammon has been with Novae since joining the company in 2010 as a maritime liability underwriter. Following AXIS’s acquisition of Novae, he…

Globe Life Inc., a U.S. holding company specializing in life and supplementary health insurance, announced the formation of Globe Life Re Ltd. and its approval as a Bermuda C-rated insurance company to provide reinsurance support for insurance business underwritten by affiliated entities within the Globe Life Inc. group. According to Globe Life, the new Bermuda…

Howden Capital Markets & Advisory and Howden Capital Solutions will act as financial advisors to MGA platform K2 Insurance Services, which will launch Syndicate 1954 of the 2026 YOA in partnership with Dale Underwriting Partners (the trading name of Lloyd’s Syndicate 1729 of Dale Management Agency Limited). Last month, Dale Underwriting Partners and K2 received…

Shareholders of Concert Group Holdings, Inc., a specialty insurance holding company known for providing customized solutions to the plan insurance market, have agreed to allow founding shareholder Freedom Underwriters LLC (Freedom) to purchase all outstanding shares of current shareholders WT Holdings, Inc. (WT) and Century Focused Fund IV, LLC (Century). The transaction is subject to…

Coalition executives say that by 2026, cyber risk will be defined less by isolated breaches and more by hidden interdependencies that lead to associated systemic losses, forcing reinsurers/insurers to demand deeper technical clarity, tighter underwriting discipline and a broader underwriting response. Several Coalition executives shared their views on the cyber landscape in 2026, expressing a…

Commercial property and casualty insurance company Zurich North America is expanding its partnership with Convr AI to increase underwriting efficiency and better serve customers through Convr’s artificial intelligence underwriting workbench. Founded in 2016, Convr AI is a company that provides commercial insurance agencies with a modular artificial intelligence (AI) underwriting, data and intelligent document automation…

London-based independent international general agent (MGA) Amiga Specialty has announced the appointment of David Filtness as Managing Director of Professional Indemnity. In his new role, Filtness will lead the development of the Amiga Professional Indemnity proposition, following its launch earlier this year, further strengthening Professional MGA’s financial product line offering. The Amiga Specialty has shown…

Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risks, will increase its cyber risk tolerance in Canada to US$25 million (CAD 40 million) per risk effective January 1, 2026. The move more than doubles the insurer’s previous limit of US$10 million (C$15 million) and is designed to enable the insurer to meet…

The Insurance Managers Association of Cayman (IMAC), the professional body representing insurance managers, captive insurers and service providers and serving as the key liaison with the Cayman Islands government and regulators, has unveiled its 2026 Executive Committee at its Annual General Meeting on December 11, 2025. The new committee brings together fresh and experienced members…