Category: News

Re/insurance holding company WR Berkley Corporation has appointed John Enright as President of Berkley Specialty London and Chief Executive Officer (CEO) of WR Berkley Syndicate Management Limited, effective July 1, 2026. WR Berkley Syndicate Management Limited is the Lloyd’s managing agent of WR Berkley Syndicate 1967. The appointment is subject to regulatory approval. Enright succeeds…

Zurich-based catastrophe insurance data provider PERILS has released its third estimate of the Victorian bushfires that occurred from January 7 to 13, 2026, with insurance industry losses now standing at $860 million. PERILS explains that this loss figure is based on detailed loss data by postcode and property and motor hull lines of business collected…

Accelerant, a data-driven risk exchange platform for the specialty insurance market, has partnered with the newly launched WoodStar Reciprocal Exchange. WoodStar Reciprocal Exchange is a mutual insurance company funded by more than $220 million in surplus notes and capital from unrelated third parties, including KKR-backed specialty finance firm Kilter Finance and funds managed by alternative…

British insurance broking and financial services group Jensten Group has agreed to acquire Glasgow-based broker Kelvin Smith Insurance, subject to regulatory approval. Jensten Group said the deal was part of its ongoing strategy to expand regionally and further develop its Scottish operations. The acquisition will add 30 staff, an established Glasgow office and more than…

International specialty reinsurance/managing general agent (MGA) Rokstone has announced the addition of Claire Lill to its North American casualty team. Lill joins Rokstone’s established North American casualty leadership team, which includes Larry Burrows, Ben Baker, Alex Fitzpatrick and Lex Beesley. Together they are building a casualty platform that combines underwriting expertise, long-term capability partnerships and…

Ategrity Specialty Insurance Company Holdings reported preliminary financial results for the second quarter of 2026, with gross written premiums (GWP) exceeding $205 million and a combined ratio below 87%. According to Ategrity, a New York-based specialty insurance company and a unit of Zimmer Financial Services Group LLC., the results beat the company’s previously communicated outlook…

Global advisory, brokerage and solutions company WTW has appointed Oliver Pryce as head of corporate risk and brokerage (CRB) for Southeast Asia at Willis and Rupert Roberts as Asia chief commercial officer (CCO), both effective January 4, 2027. Price will be based in Singapore and succeeds Roberts, who will assume the newly created role. Price…

Insurance Australia Group Ltd (IAG) has submitted a set of proposed remedies to the Australian Competition and Consumer Commission (ACCC) to address the regulator’s competition concerns over its proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia. The deal, announced in May 2025, includes a 20-year exclusive distribution…

Ryan Specialty Underwriting Managers (RSUM), the underwriting management arm of Ryan Specialty, announced the appointment of Jeff Smith as Chief Executive Officer of the newly formed Ryan Specialty Renewables business, effective immediately. Ryan Specialty Renewables is the arm of RSUM that manages the general underwriting business and is focused on delivering renewable energy and energy…

Ryan Specialty Underwriting Managers (RSUM), the underwriting management arm of Ryan Specialty, announced the appointment of Jeff Smith as Chief Executive Officer of the newly formed Ryan Specialty Renewables business, effective immediately. Ryan Specialty Renewables is the arm of RSUM that manages the general underwriting business and is focused on delivering renewable energy and energy…