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Marsh and the World Economic Forum call for place-based resilience to support insurability and reinsurance capacity

Marsh, a global insurance broking and risk management firm, and the World Economic Forum, an international organisation focused on public-private cooperation, are calling for greater investment in place-based resilience to support insurance and reinsurance availability and affordability as climate-related losses increase. According to Marsh and the World Economic Forum, insurance and reinsurance markets are increasingly…

Specialist Risk Group unifies wholesale operations under new global risk proposition

Emily1 month ago11 hours ago04 mins

Specialist Risk Group (SRG), a specialist insurance group focused on broking, underwriting and risk management, has consolidated its wholesale operations under a new proposition, SRG Global Risk Solutions, as part of efforts to provide brokers with more streamlined access to its specialist capabilities. The new structure brings Miles Smith, CBC Partnership, Specialist Risk International (SRI)…

Fitch survey suggests further property cat reinsurance declines at 2027 renewals

Emily1 month ago11 hours ago04 mins

60% of respondents to a recent Fitch Ratings survey expect further price falls in the property cat reinsurance segment at the 2027 renewals, though most think price declines will not exceed 10%, suggesting a more moderate pace of decline than in previous renewals. The rating agency’s new survey included reinsurance market participants and took place…

Insurer competition shapes UK risk transfer market in H1’26: Hymans Robertson

Emily1 month ago11 hours ago05 mins

Hymans Robertson, a UK pensions and financial services consultancy, says insurer competition and strong market capacity have supported activity in the risk transfer market during the first half of 2026, while trustees are increasingly considering factors beyond pricing when selecting an insurer. According to Hymans Robertson, more than 135 risk transfer deals were completed during…

Reliability & predictability key for Mapfre Re amid shift to higher quality relationships: San Basilio

Emily1 month ago11 hours ago08 mins

Javier San Basilio Pardo, General Manager at global reinsurer Mapfre Re, expects the way the reinsurance industry handles relationships to shift in the coming years, and also anticipates a drive for more customised solutions. Reinsurance News spoke with San Basilio at RVS 2026 in Monte Carlo about a range of industry topics, including what he…

AXA XL names Debbie Durkan Head of Private Equity & Business Development, UK & Lloyd’s

Emily1 month ago11 hours ago03 mins

AXA XL, the property and casualty specialty risk division of AXA, has appointed Debbie Durkan to the newly created role of Head of Private Equity and Business Development, UK & Lloyd’s, based in London, effective 1 October, 2026. In her new role, Durkan will build the Private Equity practice, develop and promote the offering and…

QBE Insurance appoints Jonathan Groves as CEO, Australia Pacific

Emily1 month ago11 hours ago02 mins

QBE Insurance, a global insurance company providing commercial and personal insurance products and services, has announced the appointment of Jonathan Groves as Chief Executive Officer, Australia Pacific, subject to regulatory approvals. Groves has more than 30 years of experience across business leadership, underwriting, broking, risk and regulation, including 13 years with the company. Groves currently…

Johnny Ng joins Munich Re Specialty in Singapore

Emily1 month ago11 hours ago01 mins

Munich Re Specialty – Global Markets, Syndicate Asia has announced the appointment of Johnny Ng as Underwriter, Direct and Facultative Property, a Singapore-based role. Ng offers extensive expertise spanning underwriting and broking across terrorism, political violence, casualty, and property insurance. He is joining the company from broker Aon, where he most recently served as an…

B.P. Marsh maintains portfolio growth, highlights opportunity in softening market

Emily1 month ago11 hours ago06 mins

In its latest trading update, B.P. Marsh & Partners Plc, an investor specialising in early-stage financial services businesses, confirmed that it has maintained portfolio growth across the board, emphasising that a softening market creates opportunities for the firm. B.P. Marsh monitors key trends across the wider risk transfer market continuously, particularly premium rate developments and…

MNK International’s new North America business to help growth

Emily1 month ago11 hours ago03 mins

MNK International has announced the launch of MNK International North America, a new broking business led by CEO Julian Ball. MNK International North America will provide North American producers and clients with access to specialist insurance solutions through the London and Bermuda markets. Based in London, Ball will lead the development of specialist teams to…