Category: Insurance

Everest, a global insurance and reinsurance group, has announced the promotion of Mike Reed’s to Head of Canada Treaty Reinsurance. Reed will leverage his over 18 years of industry experience to lead Everest’s Canadian Treaty strategy, execution, and market representation. The executive brings deep underwriting expertise and collaborative leadership to his new role, skills that…

Aon plc, a professional services firm providing risk, retirement and health solutions, has reported that activity in the UK pension risk settlement market is expected to increase significantly following a relatively subdued start to 2026. Aon attributes the anticipated growth to strong scheme funding positions, competitive insurer pricing and a wider range of options for…

The Board of Directors of Italy-headquartered global insurer Generali, chaired by Andrea Sironi, has approved a new organisational setup proposed by Philippe Donnet, Group Chief Executive Officer (CEO), as the final phase of the “Lifetime Partner 27: Driving Excellence” strategic plan. The new structure, effective 2 November, 2026, will expand Giulio Terzariol, Direttore Generale, the…

Global commercial insurance premiums continued to fall in the third quarter of 2026, declining by an average of 5% as competition among insurers and abundant market capacity continued to influence pricing. According to the latest Global Insurance Market Index (GIMI), published on 21 October by Marsh, a global professional services firm specialising in risk, strategy…

Munich Re has appointed Thomas Blunck to take responsibility for its Property and Casualty (P&C) Reinsurance business in Europe and Latin America, effective 1 November 2026. Blunck, who will continue in his role as CEO of Reinsurance, will assume the additional responsibility from Clarisse Kopff, who will step down from the Board of Management of…

Arbol, the AI-native insurer, has launched a Data Center Regulatory Moratorium Cover, a first-of-its-kind product that transfers the risk of government action halting or suspending data centre construction. The product pays a set amount when a covered government action takes effect and remains in force beyond a defined waiting period. It is designed to protect…

Holborn Corporation has announced the next phase of its leadership succession, with Frank Harrison to retire as CEO and continue as Non-Executive Chairman, Adam Manus to become CEO, and Tim Releford to become President, effective 1 March 2027. Harrison began his reinsurance career in 1982 and joined Holborn in 1989. He developed into a producer…

Banyan Risk, the specialty managing general agent (MGA), has announced the expansion of its Casualty platform into the United States excess and surplus (E&S) market. Insurance capacity will be provided by Accredited Specialty Insurance Company, part of Accredited America, positioning Banyan Risk to deliver specialised excess casualty solutions across high-demand US commercial segments. Alan Rodrigues,…

Jess Middleton, Senior Europe Analyst at risk intelligence company Verisk Maplecroft, has suggested that this weekend’s unrest in France is shaping up to be one of the country’s “most significant ever” strikes, riots and civil commotion (SRCC) events. Verisk Maplecroft’s analyst noted that the scale of the damage suggests the riots could ultimately prove more…

Chubb has reported record property and casualty (P&C) underwriting income of $5.79 billion for the first nine months of 2026, up 33.7% year on year, with a P&C combined ratio of 84%. For the first nine months of 2026, Chubb’s gross premiums written increased 4.8% year on year to $52.86 billion, while net premiums written…