Category: News

A wholly-owned subsidiary of Sompo International Holdings Ltd. has officially signed an agreement to acquire Brazil’s Fator Seguradora, a company specializing in corporate insurance and commercial risk management solutions, with particular strengths in the property, guarantee and financial sectors. The transaction is still subject to customary regulatory approvals. Sompo said the acquisition, once completed, would…

Global property and casualty insurer Chubb reported that property underwriting revenue increased 18.8% year-over-year to $1.94 billion in the second quarter of 2026, compared with $1.63 billion in the second quarter of 2025. Meanwhile, the insurer’s combined ratio improved to 83.8% in Q2 2026 from 85.4% in Q2 2025. Evan G. Greenberg, Chairman and Chief…

Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has launched a global life reinsurance business with Christian Howells as head of life reinsurance. Willis Re said the new business was created to provide independent life reinsurance advisory and brokerage services globally to organizations such as life insurers, reinsurers…

global insurance broker Gallagher relaunches aviation insurance portal Jacinth with enhancements to help Customers increase efficiency and provide analytical insights into their risk profile. Jacinth provides clients with connected insurance management systems. Ability to track aircraft fleet status in real-time; provide detailed claims information and analysis; and dynamic risk-based premium feedback. Features also include instantly…

Tokio Marine HCC International (TMHCCI), a subsidiary of Tokio Marine HCC Group of Companies, announces the appointment of Gülsah Dagdelen as Head of Network International, effective July 1, 2026. Dagdelen succeeds Xavier Marguinaud, who has held the position since 2020 and has helped grow TMHCCI’s network offering from a single product line within Financial Lines…

Jessica Villapañe has joined Swiss Re Corporate Solutions, the commercial insurance arm of global reinsurance giant Swiss Re, as a new account and distribution manager based in London. Villapañe brings almost two decades of London market insurance experience spanning strategic relationship management roles on both the insurer and broker side, as well as a wealth…

France-based multinational insurance and asset management group AXA has announced plans to roll out Microsoft 365 Copilot to employees globally, calling the move the latest phase of its workplace artificial intelligence strategy and a major development in its broader plan to deploy artificial intelligence across the organization. The company said the rollout builds on Secure…

Bamboo Insurance, a property insurance provider specializing in insurance solutions for challenging markets, announced a new partnership with MS Transverse Insurance Company to increase its admitted homeowners and residential fire insurance capabilities in California. The partnership provides approximately $150 million in additional underwriting capacity and expands the selection of Bamboo Insurance’s existing product portfolio. Bamboo…

McGill and Partners, the world’s largest independent specialist insurance and reinsurance brokerage, and GIB, South Africa’s largest independent insurance brokerage, have launched Protea Green, a new solution focused on insuring risks associated with renewable energy infrastructure in South Africa. Protea Green offers a ‘comprehensive’ suite of insurance to meet the needs of developers, lenders and…

CFC, a specialist insurance provider focused on emerging risks, has appointed Chris Loake as Chief Information Officer (CIO). In his new role, Loake will drive CFC’s technology strategy, solidifying its long-term vision and digital distribution capabilities and building on its track record of innovations such as single-issue quoting, automatic renewals and agency underwriting. In addition,…