US commercial insurance market maintains strength amid economic uncertainty: Lockton

Lockton, a privately held independent insurance brokerage, reports that the U.S. commercial insurance market will remain largely stable in 2025, although economic uncertainty is expected to affect conditions in 2026. The latest Lockton market update provides commercial insurance buyers with detailed analysis on property, workers’ compensation, liability, directors and officers liability, employment practices liability, loyalty/criminal,…

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Neutral sector view supported by strong capital amid higher loss variability: Morningstar DBRS

DBRS Morningstar, a credit rating agency known for independent financial analysis and industry research, said the outlook for the Canadian property and casualty (P&C) insurance market remains neutral in 2026. DBRS Morningstar said the industry continues to benefit from strong capital positions, resolute underwriting practices and prudent provisioning, all of which are helping to balance…

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Generali & BPCE terminate discussions on establishing asset management JV

Italy-based insurance company Generali and BPCE banking group have jointly decided to terminate negotiations to establish an asset management joint venture. On January 21, 2025, Generali and BPCE signed a non-binding memorandum of understanding (MoU) to create a joint venture between their respective asset management businesses. Following the announcement, both companies engaged in extensive discussions…

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Neutral sector view supported by strong capital amid higher loss variability: DBRS Morningstar

DBRS Morningstar, a credit rating agency known for independent financial analysis and industry research, said the outlook for the Canadian property and casualty (P&C) insurance market remains neutral in 2026. DBRS Morningstar said the industry continues to benefit from strong capital positions, resolute underwriting practices and prudent provisioning, all of which are helping to balance…

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DUAL Europe appoints new Managing Directors for Transactional Liability Business

Howden-owned DUAL Europe today announced the immediate appointments of Amaury Berhault and Jaume Benajiba as Managing Directors of its European Transaction Liabilities business. Berhault and Benajiba each have more than 17 years of expertise in transaction liability underwriting. They join DUAL from Acquinex where they served as co-heads of Southern Europe and Latin America and…

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Pen Underwriting and Zurich expand multi-year fleet capacity deal

Multi-category, multi-region managing general agent (MGA) Pen Underwriting has announced the extension of its decades-long strategic partnership with Zurich, UK, and the signing of a newly expanded multi-year specialist fleet capacity agreement. The new agreement builds on a 35-year partnership that continues to provide fleet capacity to the hazardous cargo, tanker and environmental industries and…

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NFP promotes Noel to EVP and CFO

NFP, the property and casualty (P&C) brokerage and benefits consulting provider owned by Aon, has promoted and expanded the role of Caleb Noel to executive vice president (EVP) and chief financial officer (CFO). Based in Austin, Noel will report to NFP CEO Doug Hammond and Aon’s finance team. In his new role, Noel succeeds Brett…

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