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Specialist international reinsurance broker Willis Re has reached an agreement to acquire BMS Re, US, the US reinsurance arm of independent broker BMS Group for an undisclosed sum, subject to regulatory approval and other closing conditions. The definitive agreement to acquire BMS Re, US includes BMS Intermediaries Inc., BMS Capital Advisory LLC, and the associated…
In 2025, German non-life insurers maintained strong underwriting discipline despite achieving very strong underwriting profitability, according to Fitch Ratings. In a recent report, Fitch said German non-life insurers outperformed expectations in 2025. Nevertheless, the ratings agency is maintaining its forecast for the sector’s net combined ratio at 95% for 2026, up from 92% in 2025,…
Willis Networks, a WTW business, has appointed Lynne Norledge as its Managing Director (MD) and Mark Cobham as Deputy MD. In her new role, Norledge will focus on supporting the growth of independent brokers within the Network, strengthening insurer relationships, and ensuring members continued growth. Since joining the business in 2017, Norledge has established close…
Majesco, a provider of AI-native and cloud-native software for the insurance industry, has published its latest research examining the growing gap between insurer priorities and customer protection needs. The findings are detailed in Majesco’s latest thought leadership report, The Insurance Alignment Gap: Where Insurer Priorities and Customer Protection Needs Converge…and Diverge. The report explores how…
Blake Lively is calling for people to be more “kind” in the wake of the deaths of actors Hayden Panettiere and Michelle Trachtenberg. On Monday evening, Blake posted a picture of the two late actors – who died in August 2026 and February 2025, respectively – on Instagram, showing them behind the scenes of the…
Hampden Risk Partners’ (HRP) Syndicate 2689 at Lloyd’s has announced the appointment of James Drew as Senior Underwriter. In his new role, Drew will focus on underwriting a diverse portfolio of proportional business for top-quartile syndicates in the Lloyd’s market. His remit will also include a selective appetite for complementary MGA and company market opportunities…
Before I start, let me make one thing clear: I do not enjoy a pointless “proper” extra step when it comes to my food. For instance, I am alright eating chocolate digestives the “wrong way” (according to McVitie’s). I will go choccie-up like a non-industry normie, thanks very much. But sometimes, much to my annoyance,…
According to Beazley Security’s Q2 2026 Quarterly Threat Report, the widespread adoption of agentic AI for vulnerability research drove a 36% quarter-over-quarter increase in newly disclosed vulnerabilities, while the methods attackers used to breach organisations remained largely unchanged. “The headline this quarter is that AI made the security industry’s job noisier without making the attacker’s…
EigenRisk, a provider of catastrophe risk management technology, has entered into an agreement with Weatherwatch, an Australian company specialising in storm and weather risk management services. The partnership will bring Weatherwatch’s hail event footprints into EigenRisk’s EigenPrism catastrophe risk management platform. The companies said the agreement is intended to provide insurance and risk professionals with…
The former fiancé of actor Hayden Panettiere has said that he and his family are “going through a time of profound shock and grief” in the wake of her death. Over the weekend, the Golden Globe nominee died at the age of 36, with an investigation into her death currently ongoing. In life, Hayden was…