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DEVK Group’s reinsurance business continued to grow in 2025, with non-group business (DEVK RE and Echo Re) written premiums increasing by 3.2% year-on-year to 1.41 billion euros. The number of reinsurance customers increased from 998 in the previous year to 1,057, spanning 132 countries. DEVK reported that the combined reinsurance ratio before allocation to equalization…

Marsh Risk, a Marsh business, has announced the launch of a cyber policy endorsement framework designed to speed up clients’ access to funds after a cyber incident. Through this framework, Marsh has negotiated custom accelerated payment endorsements with cyber insurance companies AIG, Beazley, Canopius, CFC and QBE. Marsh is also embedding new policy language into…

QBE Re, the reinsurance arm of global insurance group QBE, has announced the appointment of Will Moss as its London head of maritime, energy and aviation. He will succeed Shane Lawlor, who was appointed global professional executive director of QBE Re in 2025. In his new role, Moss will be responsible for QBE Re’s shipping,…

The World Bank’s Board of Directors approved a $400 million Morocco Climate and Risk Financing Program aimed at strengthening Morocco’s financial resilience to climate, disaster and cyber risks while helping to unlock private capital for the country’s climate infrastructure development. According to the World Bank, the program will develop catastrophe and cyber insurance instruments to…

Independent insurance intermediary and financial services group Clear Group has announced that its chief financial officer Tim Money will leave the role at the end of June 2026 after more than six years in the role. The company said Money joins at a key stage in its development and has been closely involved in supporting…

Willis, WTW’s insurance brokerage, risk advisory and advisory arm, has launched an upgraded climate diagnostics solution designed to help organizations assess and respond to the growing impact of climate-related risks on the property insurance market. The updated tool forms part of the WTW Risk IQ platform, which, according to Willis, provides advanced climate risk analysis…

As wildfires increase in frequency and severity, Liberty Mutual Reinsurance and satellite disaster management solutions provider ICEYE have partnered to launch a new parametric wildfire insurance solution. The partnership addresses the urgent need for faster risk solutions in wildfire-prone communities, leveraging high-resolution satellite data to provide immediate, fast payments and address critical protection gaps. Liberty’s…

More than half (55%) of UK insurers have integrated artificial intelligence (AI) into core business functions, but many now face the industry’s growing “AI execution gap”, according to a recent report by dynamic AI insurance platform Earnix. Earnix’s survey is based on insights from more than 400 global insurance executives, including 40 UK insurance leaders….

Global reinsurer Swiss Re has promoted company veteran Torben Swart to managing director (MD) and appointed him head of technology and operational excellence for Asia Pacific (APAC) ex China, effective August 1, 2026. In his new role, Swart will help drive underwriting excellence, enhance operational capabilities and support business growth and resiliency. The newly created…

VIG Re, the reinsurance arm of Vienna Insurance Group, has appointed Wilfrid Goh as Chief Representative for the Asia Pacific (APAC) region of its proposed Singapore representative office, effective July 1, 2026, subject to approval by the Monetary Authority of Singapore (MAS). In his new role, Goh will lead the establishment of VIG Re’s business…