Category: Insurance

Thorsten Steinmann, CEO of E+S Rück and Member of the Executive Board for Hannover Re, said he sees structured solutions as a growth area, with demand increasing for frequency protection and aggregate covers, but stressed that the firm’s appetite for this business depends on adequate margins and well-structured programmes. This afternoon, E+S Rück, the Hannover…

Markel International has expanded its Asian leadership team with the appointment of Ray Lei as Greater China Product Proposition Lead. In her new role, Lei will work closely with teams across the region to strengthen product proposition, support the firm’s brokers and clients, and help drive the next phase of growth in Greater China. She…

Fitch Ratings, a global credit rating agency, has upgraded the credit ratings of The Allstate Corporation, a US insurance provider specialising in property, casualty and personal insurance products. The decision reflects stronger capitalisation, continued underwriting profitability and improvements in the company’s financial position. Fitch has assigned a Stable Outlook to all the ratings. In an…

Howden Re, the reinsurance broking and advisory business of Howden Group, has announced two senior appointments to its US casualty team, strengthening its broking, actuarial and analytical capabilities. The company said the appointments build on its investment in its US casualty practice since 2023, with the aim of enhancing the expertise and support available to…

Bajaj Finserv, a leading Indian financial services holding company, has incorporated a new wholly owned subsidiary, Bajaj Reinsurance Limited, marking its formal entry into the reinsurance sector. The company disclosed the development in regulatory filings to the BSE and the National Stock Exchange of India on October 17, 2026, confirming receipt of the Certificate of…

Brit Group Holdings Limited (Brit), an insurer offering specialist insurance products for businesses, has further expanded its digital distribution through the Acturis platform with the introduction of Brit Cyber on Acturis Package. The development is intended to make Brit’s cyber insurance products more accessible to brokers and support greater efficiency when arranging cover for clients….

A new white paper from Gallagher Re has highlighted how rainfall-driven flooding is increasingly causing losses in smaller communities and catchments beyond traditional flood zones, underscoring the need for insurers to look beyond established hotspots to identify emerging sources of flood risk. The findings in A Risk in Flux: Exploring Europe’s Changing Flood Reality for…

Tysers Singapore, a specialist insurance and reinsurance broker, has announced that William Furness-Smith has been formally appointed Chief Executive Officer, following approval by the Monetary Authority of Singapore (MAS). In June 2026, Tysers appointed Furness-Smith as interim CEO of Tysers Singapore following the departure of Babita Rai, CEO and Executive Director, Reinsurance. In his role…

PERILS, the independent Zurich-based provider of catastrophe insurance market data, has released its initial industry loss estimate for the severe convective storms (SCS) that affected France, Germany, Switzerland and Italy from 26 to 28 August 2026, placing losses at EUR 3,296 million. The storms are also known as “SCS Raphaela”. From 26 to 28 August…

In response to growing industry demand for efficient mechanisms connecting capital with reinsurance risk, Lloyd’s has released guidance establishing its regulatory expectations and approval requirements for broker-originated reinsurance structures. Lloyd’s guidance follows news of Aon’s partnership with Blackstone on the broker-originated reinsurance structures vehicle codenamed “Cortina.” This strategy sees Aon looking to bring Blackstone into…