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Julian Alovisi has joined Gallagher Re as Director of Market Research, describing the timing of his arrival as particularly significant as the re/insurance market enters a period of ample capital, intensifying competition and softening pricing across many lines, against a backdrop of volatile financial markets, persistent inflation, elevated government debt and ongoing geopolitical conflict. Alovisi…
DUAL, a specialist underwriting business providing insurance solutions through broker distribution, has entered the Dutch Property insurance market with a new proposition aimed at commercial and industrial risks. The new offering is designed to address Mid-Market and selected High Hazard risks, giving brokers access to specialist underwriting and capacity for more complex Property exposures. DUAL…
The UK and Indian governments have met to discuss financial market cooperation, with reinsurance emerging as one area where the two countries see potential for closer ties. The discussions took place at the fourth UK-India Financial Markets Dialogue (FMD) in London on 29 September 2026. HM Treasury, the UK government department responsible for managing the…
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…