Category: Insurance

Markel Insurance, the insurance operation within Markel Group Inc., has announced the launch of its Chemical, Oil & Gas-related Energy Property (CORE) offering, and the appointment of Candice Walker to Head of First-Party Energy and Michael McClain as Senior Underwriter – Energy. The launch strengthens Markel’s US First-Party Energy proposition by offering a dedicated property…

SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has invested in the insurance-linked securities (ILS) fund manager Pillar Capital Management (Pillar) to expand its capabilities across the property catastrophe value chain. Pillar currently manages institutional assets of over USD 4 billion, and will continue to operate as an independent franchise. It will retain its…

Ancient Capital, the wholly owned asset management subsidiary of Ancient Financial, has announced the appointments of Imran Ahmed as Chief Investment Officer and Sonya Li as Managing Director. Both Ahmed and Li will report to Erich Schram, Chief Executive Officer of Ancient Financial and Ancient Capital, and will help lead and build out Ancient Capital’s…

AM Best, the credit rating agency, has retained its stable outlook for Indonesia’s non-life insurance market, pointing to supportive economic conditions, continued premium growth and measures designed to strengthen the industry’s financial resilience. In its Best’s Market Segment Report, Market Segment Outlook: Indonesia Non-Life Insurance, AM Best said Indonesia’s macroeconomic fundamentals continued to provide support…

Jensten, a UK insurance broking and financial services group, has announced the appointment of Jaime Swindle to the newly created role of CEO of Product & Distribution. The role brings product, underwriting and distribution together under one leadership structure and forms a key part of Jensten’s strategy to support continued growth across the Group. In…

European businesses with exposure to the US may need to reassess their casualty risk as the frequency and size of so-called nuclear verdicts continue to present challenges for insurers, according to Munich Re, the global reinsurer. The reinsurer says a recent US jury award of USD $604 million following a fatal truck accident illustrates how…

Aegon Ltd., an international financial services holding company, has announced that its Extraordinary General Meeting of Shareholders (EGM) approved both the redomiciliation and the Omnibus Incentive Plan proposal, authorising Aegon to proceed with its redomiciliation to the US. During its Capital Markets Day in December 2025, Aegon announced plans to move its head office and…

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has announced the appointment of David Vicary as International Product Lead. In his new role, Vicary will help drive KatRisk’s technology solutions arm and support the continued development of its product suite and partnerships. He brings experience across the Lloyd’s…

A new sigma report by Swiss Re Institute has called for life insurers to work hand in hand with banks, advisers, and other distributors to keep up with the rising demand. The report has disclosed a generational shift in several pension systems is transferring responsibility for retirement income, inheritance planning, and later-life care from institutions…

Manulife, a global financial services company providing insurance, wealth and asset management and retirement solutions, has appointed Sinéad O’Connor as Chief Actuary, with the appointment taking effect on 12 October 2026. O’Connor will report to Phil Witherington, President and Chief Executive Officer of Manulife, and will become a member of the company’s Executive Leadership Team….