Canada Life appoints Dominic Moret as MD, BPA

Canada Life, a UK insurer providing life insurance and pension risk transfer services, has announced the appointment of Dominic Moret as Managing Director, Bulk Purchase Annuities (BPA). In his new role, Moret will lead Canada Life’s end-to-end BPA proposition, setting its strategic direction, accelerating growth and strengthening its position as a provider of innovative pension…

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Non-life reinsurers post improved underwriting profit but sector is ‘challenging’, says Fitch

In its latest report on global and Bermuda reinsurers, Fitch Ratings has disclosed that non-life reinsurers reported improved underwriting profitability year over year in the first half of 2026, driven by lower catastrophe losses. However, Fitch emphasises that the global reinsurance sector is “challenging, with abundant capacity, and intense competition”, which is driving price declines…

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Wall Street Journal Tears Into ‘Dumb’ Trump Move

Let’s just say that President Donald Trump’s latest move makes the duo from “Dumb and Dumber” look like geniuses — at least according to The Wall Street Journal. On Sunday, the newspaper’s editorial board published a spicy opinion piece expressing its utter befuddlement over the president reigniting a trade war with Canada, which will make…

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Munafò named China CEO for Allianz Trade in Asia Pacific

Allianz Trade in Asia Pacific has announced the appointment of Scott Munafò as China CEO, a Shanghai-based role, effective September 1, 2026.  Since joining Allianz Trade within the Multinationals team in 2015, Munafò has spent over then years shaping commercial strategy across four distinct regions. Throughout his career, he advanced through key account management positions…

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Sompo Asia Pacific appoints Winnie Chau as Senior Underwriter, Financial Lines

Sompo Asia Pacific, part of global insurance and reinsurance firm Sompo, has appointed Winnie Chau as Senior Underwriter, Financial Lines, with responsibility for Hong Kong, Macau and Taiwan. Chau joins the role with more than 14 years of underwriting experience across Financial Lines, including Cyber and Professional Indemnity. She has experience managing complex multinational risks…

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AM Best places At-Bay under review with positive implications amid Munich Re acquisition

Credit ratings agency AM Best has placed At-Bay Specialty Insurance Company (ABSIC) under review with positive implications following the recently announced acquisition of its parent company, At-Bay, Inc., by Munich Re for an enterprise value of USD 575 million. At-Bay is a US-based InsurSec provider offering cyber insurance and risk management services. The cyber insurer’s…

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