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Arch Insurance EU (Arch), part of Arch Insurance International, has announced the appointment of Andrea De Simone as Head of Cyber for Italy. In his new role, De Simone will be responsible for growing Arch’s cyber portfolio across Italy, providing solutions for cyber, tech E&O and media E&O on a primary and excess basis. Based…
Milliman, Inc., a global actuarial and consulting firm, has launched Milliman AI Solutions, a dedicated practice working alongside the firm’s existing insurance, healthcare, and employee benefit teams to offer solutions powered by artificial intelligence (AI). The newly established unit will ensure that AI deployments are grounded in domain expertise and aligned with clients’ broader strategic…
Coface, a global provider of trade credit risk management, has appointed Zach Spencer as its new Head of Risk Underwriting for Asia Pacific, with the appointment taking effect on 1 October 2026. Spencer is moving to Singapore as part of the appointment, where he will oversee Coface’s Risk Underwriting teams across the Asia Pacific region….
After Zurich Insurance Group completed its 100% acquisition of specialist insurer Beazley, Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of Beazley Insurance DAC to ‘AA’ from ‘A+’, and also upgraded the Long-Term Issuer Default Ratings (IDRs) of the Dublin subsidiary and Beazley plc to ‘AA-‘ from ‘A’. On October 1st, Zurich completed…
Insurance Advisory Partners (IAP), a boutique investment banking firm specialising in the insurance sector, has appointed Partners Rinki Melwani and Benjamin James as co-heads of UK & Europe. The pair will be based in IAP’s London office and will jointly report to Tony Ursano, Founder, Managing Partner and Chief Executive Officer. Their remit includes leading…
The Cayman International Reinsurance Companies Association (CIRCA) has submitted two comment letters to the National Association of Insurance Commissioners (NAIC) challenging a proposed new risk-based capital (RBC) charge on life reinsurance ceded to reinsurers in non-reciprocal jurisdictions. The letters were submitted during the comment period ahead of the public Life Risk-Based Capital Working Group meeting…
Aon, a global professional services firm specialising in risk, insurance, retirement and health solutions, has expanded Denise Perlman’s role to include serving as Executive Managing Director (EMD) and Middle Market Segment (MMS) Leader for Reinsurance. This expands her responsibilities in addition to being Aon’s representative in the Integration Management Office (IMO) for the firm’s proposed…
Emil Issavi, Chief Executive Officer and President of Ryan Re, said Nationwide and Ryan Re are targeting growth in specialty reinsurance, but will do so thoughtfully, emphasising that risk management is at the centre of decision-making. In our latest video interview, which took place around the annual Rendez-Vous de Septembre (RVS) in Monte Carlo, Reinsurance…
AI-native specialty insurance platform, Ledgebrook, has successfully raised $200 million in primary equity financing, co-led by Allianz X and Rockefeller Capital Management, and has also agreed a multi-year reinsurance agreement with Allianz Re. This $200 million in primary equity financing follows numerous funding rounds for Ledgebrook, which started in August 2022 with $4.2 million in…
Sapiens International Corporation N.V. has launched the inaugural Sapiens Insurance AI Maturity Index, an industry-wide study and annual benchmarking tool designed to evaluate the current landscape, adoption progress, and future aspirations for artificial intelligence (AI) and autonomous decision-making across insurance carriers of all sizes. Conducted by Research in Finance (RiF) and launched at Sapiens Ignite…