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The International Credit Insurance & Surety Association (ICISA), the industry body representing companies involved in credit insurance and surety, has appointed Annet de Grooth as its new Executive Director. De Grooth will replace Richard Wulff as the Association prepares to enter its second century. Her start date has not yet been agreed. De Grooth has…
Legacy acquirer DARAG Group has appointed Paul Martin as Non-Executive Senior Group Actuarial Adviser. The appointment aims to reinforce the firm’s actuarial, risk, and capital expertise, as Martin has over 35 years of experience across the London insurance and actuarial markets. Since 2015, he has held several senior non-executive positions, including at Lancashire Syndicates, Aspen…
Mosaic Insurance, a global specialty insurer, has bolstered its North American Financial Institutions & Professional Liability (FinPro) capability with several key hires and launched new primary policies with enhanced protections to meet increasing demand. The insurer has appointed Risa Kleiner as Senior Vice President (SVP), Financial Institutions. She has over two decades of experience across…
Marsh Re, the global reinsurance broker, says the cyber reinsurance market is entering a period in which buyers have materially more choice, with the market moving away from standard, off-the-shelf solutions towards more tailored structures. According to Marsh Re’s Global Specialties 2026 Market Update, the increased range of reinsurance options comes as cedants reassess their…
New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending 30 September 2027, increasing its catastrophe upper limit to NZ$970 million from NZ$915 million in 2026. The programme will provide comprehensive cover at competitive rates across Tower’s home, motor, boat, and commercial portfolios across New Zealand and Pacific markets. Alongside the…
Swiss Re, the global reinsurance and insurance company, has appointed Ariadna del Cacho as Chief Digital & Technology Officer for its Corporate Solutions business. Del Cacho brings more than 20 years of experience working across technology and insurance. She joins Swiss Re from Chubb European Group, where she most recently served as Chief Information Officer…
Global property and casualty insurer Chubb has announced two new leadership appointments to its Digital Business organisation: Johan Oosthuizen as Global Head of Digital Business, and Gabriel Lazaro as Global Head of Digital Growth & Strategic Consumer Partnerships. These new additions follow the appointment of Sean Ringsted’s appointment as Chief Scientist and Executive Vice President…
Global insurance and reinsurance broking group WTW has signed a global agreement with Zurich Insurance to deploy Radar, WTW’s end-to-end rating and analytics software, across Zurich’s target retail insurance markets worldwide. Selected after a rigorous process, the deal builds on and significantly expands the two companies’ existing agreement that previously saw Radar technology deployed across…
American International Group, Inc. (AIG), a global insurance organisation, has announced the appointment of Sierra Signorelli as Chief Executive Officer, Americas and Global Personal Insurance, effective January 1, 2027. In this new role, Signorelli will lead AIG’s North America, Latin America & Caribbean Commercial Insurance businesses as well as the Global Personal Insurance business. She…
The reinsurance market has shifted further in favour of cedants through the 2026 renewal season, bringing lower property-catastrophe rates and better terms for buyers. But while this supports insurer earnings, KBRA warns the market could turn negative if carriers leverage abundant capacity to chase undisciplined growth without enough capital support. In its recent report, Reinsurance…