Category: News

Industry experts at SAS predict that the coming year will mark a major shift, with AI playing a central role in insurance companies’ operations rather than being a supporting tool. SAS, an analytics and artificial intelligence company known for its advanced data and decision-making technology, noted that this shift represents a critical moment for the…

Chris Dittman, head of Florida strategy at Aon Reinsurance Solutions, said recently that, as expected, reinsurance supply continues to outpace demand ahead of the key renewal date on January 1, 2026, with the broker expecting rates to fall 10% to 15%. Dittman’s comments came during a session on the first day of the 2025 Florida…

British insurance services provider Jensten Group has announced the completion of a strategic investment agreement with private investment firm Bain Capital. In September, Bain Capital signed a final agreement to acquire Jensten Group, and the transaction is expected to be completed in the fourth quarter of 2025. Subject to regulatory approval, the Jensten Group management…

Ariel Green, a subsidiary of Ariel Re, provides long-term insurance to global solar photovoltaic manufacturer ELITE Solar. This cooperation provides Technical Performance Insurance (TPI) for ELITE Solar’s module performance, with a warranty period of up to 30 years. Depending on the terms of the coverage, Ariel Green’s TPI can provide buyers with financial protection, even…

Allianz Re, a unit of global insurer Allianz, has appointed Anna Kohls as its new regional chief executive officer (CEO) and head of client management for property and casualty, Allianz Re Asia Pacific (ARAP), effective January 1, 2026. The appointment is subject to approval by the Monetary Authority of Singapore. Coles succeeds Kenrick Law in…

Swiss Re used its year-end management dialogue to indicate that AI is now at the heart of its new “Build to Lead” strategy, with the group aiming to turn its extensive data into actionable insights through a market-leading AI platform developed in partnership with Palantir. The company said it already leverages AI to enhance day-to-day…

RiverStone International, a global provider of legacy solutions, has announced the appointment of Charlotte Pritchard as UK CEO, effective January 5, subject to regulatory approval. She will succeed Andrew Creed, who will become group president on the same day, as previously announced, while continuing to serve as group chief financial officer. Pritchard said: “I’m really…

SageSure, a general underwriter (MGU) specializing in U.S. catastrophic properties, announced the appointment of John Sence as chief sales officer. In his new role, Sence will oversee sales strategy, distribution expansion and high-impact manufacturer engagement, reinforcing SageSure’s commitment to driving growth and supporting partners. He brings experience in underwriting and agency operations. Sence spent 14…

WTW, an advisory, brokerage and solutions firm, has launched Radar Fusion, a cloud-based platform developed by WTW to make commercial underwriting faster, more data-driven and strategically aligned. The solution provides analytics, real-time insights and data integration to support underwriters’ expertise rather than replace it. WTW is initially launching Radar Fusion in the United States, with…

Zurich-based global reinsurer Swiss Re has set targets for 2026, including group net profit reaching $4.5 billion and a combined property and casualty reinsurance ratio below 85%. Reinsurers maintained or raised targets for all individual business units next year. In addition to the performance of property and casualty reinsurance mentioned above, Swiss Re Corporate Solutions,…