Category: News

Global insurer QBE has strengthened its U.S. Inland Marine team with several new hires, including the addition of Brian Hanuschak to the leadership team as vice president of underwriting in Boston. In January 2025, QBE entered the US Inland Marine market with three key appointments and the launch of the US Inland Marine business line….

Zurich-based catastrophe insurance data provider PERILS has released its third industry loss estimate for Windstorm Goretti (also known as Elli), which affected southwestern England, northern France and Belgium on January 8-9, 2026, costing €468 million. Storm Goretti was an intense extratropical cyclone that produced strong winds in the English Channel and adjacent coastal areas. Cornwall…

The European Commission has approved the acquisition of exclusive control of London-based specialist insurance company Beazley by global insurer Zurich Insurance Group Ltd under the EU Merger Regulation. The Commission concluded that the notified transaction did not raise competition concerns given the company’s limited market position. The announced transaction has been reviewed under the streamlined…

Arrow Global Group (Arrow), a pan-European investment management company specializing in private credit and real estate, has acquired specialty managed general agent (MGA) Fusion Specialty Group (Fusion) through Arrow Global Insurance (AGI). The acquisition, expected to close in the third quarter of 2026, will strengthen Arrow’s long-term strategy to grow in the specialty insurance market…

Starwind Specialty Insurance Services, a CRC Group company, has launched Starwind High Value Homes, a new underwriting management program that specializes in providing insurance solutions for high-value residential properties. The Starwind High Value Homes program is designed for properties valued at more than $5 million and covers primary residences, secondary residences and rental properties. The…

Africa Specialty Risks (ASR), the developing markets-focused reinsurance group, has announced the appointment of Kieran Wilson as senior energy underwriter. In his new role in London, Wilson will focus on growing and underwriting ASR’s energy portfolio, working closely with brokers to develop the group’s oil, gas and wider energy business in Africa and other emerging…

Canadian property and casualty insurer Intact Financial Corporation reported an increase in catastrophe and large losses in the second quarter, with pretax and reinsurance net sales $247 million higher than the company’s expectations. By market segment, personal property losses were highest at $252 million, followed by commercial insurance at $37 million and personal automobiles at…

Munich Re, one of the world’s leading providers of reinsurance, primary insurance and risk solutions, has appointed Linda Langenberg as global head of property treaties clients and Lloyds. She takes on the new role after more than 16 years with Munich Re. During her career at the firm, she held a series of underwriting positions…

Global advisory firm Teneo has appointed Barry Gale as senior managing director (MD) of its financial advisory business. He will be based in London and focus on restructuring and transactions in the insurance industry. Gale has been global head of Aon Re’s legacy business since 2021, specializing in mergers and acquisitions (M&A) and reinsurance transactions…

The State Financial Supervisory Commission and the Shanghai Municipal People’s Government jointly issued a notice on the reinsurance industry, proposing measures to accelerate the development of the Shanghai International Reinsurance Center. Following the establishment of the International Reinsurance Trading Board and Shanghai Global Reinsurance Platform in 2023, the Shanghai International Reinsurance Center will be officially…