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The Insurance Development Forum (IDF), a global public-private partnership strengthening climate and disaster risk protection alongside governments, insurers and international organisations, has appointed Hope Murera as its Deputy Chair. Murera serves as Managing Director & Group CEO of ZEP-RE (PTA Reinsurance Company) and is an existing Steering Committee member. According to the announcement, she will…
Lockton, a privately held independent insurance broker, says US commercial insurance buyers are currently operating in a market where strong capacity and competition are providing greater choice across a number of insurance lines. In its latest quarterly Market Update, Lockton examines the conditions shaping the commercial insurance sector and highlights areas where buyers may have…
Ocean Re Group, an insurance and reinsurance company, has appointed Pedro Pinzón as Chief Risk Officer , as the business continues to strengthen its approach to risk oversight and governance across its international operations. In the newly created role, Pinzón will be responsible for leading Ocean Re Group’s enterprise-wide risk management framework. The company said…
Lincoln Financial has closed its previously announced $6.3 billion reinsurance transaction with Talcott Financial Group, effective October 1, 2026. Lincoln explained that the $6.3 billion total transaction includes the reinsurance by a Talcott subsidiary of approximately $5.8 billion of in-force guaranteed universal life (GUL) statutory reserves, representing approximately 37% of Lincoln’s remaining in-force GUL block….
Paragon Insurance Holdings, an international managing general agency, has announced three senior leadership promotions, expanding the roles of Mike Denton, Brett Papenhagen and Erik Ostgulen. These appointments strengthen Paragon’s Specialty Property leadership team and support continued growth across the organisation. Promoted to executive vice president of Paragon Insurance Holdings, Denton will continue collaborating with the…
Willis, the insurance brokerage and risk advisory business of WTW, has released its autumn 2026 Insurance Marketplace Realities report, The Specialist View: Navigating Tomorrow’s Risk Landscape for 2027, reporting that rates for large and complex property risks fell by an average of 14.5% during the second quarter of 2026, compared with an 8.4% reduction during…
Allianz Group, the global insurance and financial services provider, is changing the leadership of Allianz Partners and Allianz Direct. The appointments follow Tomas Kunzmann’s appointment to the Allianz SE Board of Management and are intended to provide continuity across both businesses while supporting their respective growth plans. All appointments are subject to regulatory approval, with…
Kristof Terryn has been appointed CEO of Beazley and Zurich Global Specialty, subject to regulatory approval, following Zurich’s £8.1bn acquisition of Beazley, creating what it describes as the world’s largest specialty insurance business. The combined business will be headquartered in London, with Terryn taking over as Adrian Cox departs Beazley as the insurer begins a…
Global insurer Chubb has announced the appointment of Paul Jones as Head of Accident & Health (A&H) for Europe, Middle East and Africa (EMEA). Based in Jones Paul will lead Chubb’s A&H business across EMEA, with responsibility for setting and delivering its growth strategy. By delivering the full suit of Chubb’s A&H capabilities to corporate…
InEvo Re, a Bermuda Class E life and annuity reinsurer, has completed two reinsurance transactions with two new UK insurance clients. According to the firm, the transactions are evidence of its “leading position” in the UK funded reinsurance market, and reflect its expanding capacity to deliver complex, tailored solutions to insurers across international markets. Alex…