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Philippe Cotelle, President of FERMA, has called for greater collaboration between organisations and the insurance industry to address the misalignment between the annual insurance renewal process and the multi-year planning cycles that businesses operate on. During the FERMA Forum 2026 in Rotterdam, Cotelle urged businesses and insurers to look beyond the traditional annual renewal cycle…
Prismic Life Holding Company, LP, a reinsurance company providing capital and risk management solutions to insurers, has reached an agreement with Prudential Financial, Inc., covering a portfolio of Japanese whole life insurance business. As part of the arrangement, Prismic will assume reinsurance on approximately $5 billion of reserves associated with USD-denominated whole life policies issued…
Howden, the global insurance intermediary group, has announced a planned change to its senior leadership, with Dominic Collins set to step down as Executive Chairman. Once a successor has been appointed, Collins will take on the role of President Emeritus, allowing him to maintain an active relationship with the Group and continue providing support and…
Cowbell, a provider of AI-native cyber and specialty insurance solutions for small and medium-sized enterprises (SMEs), has launched Risk Advisor, an individualised AI agent that provides policyholders an evidence-backed plan for reducing their cyber risk. These AI agents operate within OMNI, Cowbell’s recently launched AI-native Decision Intelligence System, designed to support the future development, underwriting…
Global insurer Allianz has appointed Ong Bi Ying as Chief Executive Officer (CEO) of Allianz Insurance Singapore Pte Ltd (Allianz Insurance Singapore), effective 1 October 2026 In her new role, she succeeds Hicham Raissi, who is departing to pursue opportunities outside the Allianz Group. Raissi said, “It has been a privilege to lead Allianz Insurance…
Global specialty reinsurance and insurance group Chaucer has partnered with Indemni, a technology-led cargo risk specialist and newly approved Lloyd’s coverholder, to launch a specialist US cargo insurance proposition designed to target strategic theft. The new offering will provide cover for US land transit risks across single-trip transit, annual contingent cargo and standalone strategic theft….
ING has strengthened its global insurance franchise with the appointment of Tom Duncan as Global Lead Insurance and Lauren Marshall as EMEA Lead Insurance. The appointments underscore ING’s continued investment in sector-led coverage and its commitment to supporting insurance clients through a full range of banking and financial services solutions. In his new role, Duncan…
Reports have emerged suggesting that Bajaj Finserv is to enter the reinsurance business and is likely to file an application with the Insurance Regulatory and Development Authority of India (IRDAI), with former GIC Re chairman N Ramaswamy Narayanan reportedly set to lead the venture. Both CNBC-TV18 and the Economic Times have cited sources as saying…
AI-native Corgi Insurance has launched a new insurance coverage built to support data centres, protecting construction and commissioning through ongoing operations and the hardware that powers computing workloads. The coverage aims to cover the full life cycle of a data centre, as they become an increasingly critical part of the infrastructure powering AI, cloud computing,…
SIGNAL IDUNA Reinsurance Ltd (SI Re), the Swiss reinsurer based in Zug, has appointed Beatrix Dodgson as Chief Underwriting Officer (CUO), effective 1 November 2026. Dodgson will join SI Re from Korean Re Switzerland AG, where she has served as Chief Underwriting Officer and a member of the Executive Team since September 2024. She previously…