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Spokane wildfires could become costliest insured fire event in Washington state history: Gallagher Re

Based on the number of properties destroyed and the value of homes and businesses affected by the Spokane, Washington, wildfires, Gallagher Re has estimated that insured losses will reach at least hundreds of millions of dollars, with a plausible chance of becoming a billion-dollar industry loss event. The event is expected to rank among the…

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White Mountains’ Ark/WM Outrigger posts $778m GWP and 84% CoR in Q2’26

White Mountains Insurance Group, Ltd. has released its second-quarter 2026 results for its property and casualty re/insurance segment Ark/WM Outrigger, which generated gross written premiums of $778 million, down from $815 million in the prior-year period, while its combined ratio remained unchanged at 84%. During the quarter, Ark/WM Outrigger reported net written premiums of $537…

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Canada Life Re establishes Singapore Regional Office and appoints Wil Chong as CEO

Canada Life Re, the reinsurance division of The Canada Life Assurance Company, has announced the establishment of a new regional office in Singapore, reinforcing the company’s long-term commitment to the Asia Pacific market. The move has been accompanied by the appointment of Wil Chong as Chief Executive Officer (CEO) of Canada Life Services, the company’s…

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Swiss Re CorSo enters exclusive partnerships in India and Mexico to insure large MNCs

Swiss Re Corporate Solutions (Swiss Re CorSo), the commercial insurance arm of the Swiss Re Group, has established exclusive partnerships with Bajaj General Insurance in India and GNP Seguro in Mexico to provide protection to large multinational companies (MNC). The firm will offer insurance solutions to the “growing number” of companies, who are to expand…

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Vantage’s diversified platform supports Q2’26 growth with GWP up 29%

Vantage Group continued to deliver strong top-line growth in Q2 2026, with gross written premiums (GWP) increasing 29% year on year to $473m, as the Bermuda-based specialty re/insurer expanded production across both its insurance and reinsurance platforms despite a quarter marked by catastrophe losses and adverse reserve development. Vantage’s insurance segment reportedly accounted for $344m…

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Arch Insurance International appoints Barrett as Deputy Active Underwriter, Lloyd’s Syndicate 2012

Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has appointed James Barrett as Deputy Active Underwriter for Lloyd’s Syndicate 2012, effective immediately. In his new role, Barrett deputises for James Croome, Active Underwriter, in leading all activities relating to Syndicate 2012. He also takes on…

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