MGA Polaris Re expands its Construction & Engineering capabilities

Vienna-based managing general agent (MGA) POLARIS Reinsurance Solutions announces the appointment of Pascal Jaut as Head of Construction and Engineering. Headquartered in Vienna, Polaris Re is a subsidiary of Polaris Corporate Solutions GmbH and focuses on developing high-potential markets in Western and Eastern Europe and the CIS region. “With his extensive experience and proven track…

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Insurwave appoints Deepak Saigal as Chief Delivery Officer

Insurwave, the London-based insurtech platform specializing in specialty insurance, has announced the appointment of Deepak Saigal as Chief Delivery Officer. In his new role, Saigal will be responsible for strengthening delivery execution across the business and ensuring Insurwave’s platform continues to meet the evolving needs of insurers, brokers, MGAs and multinationals. He will report directly…

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US casualty pricing expected to diverge amid softening P&C landscape: Morningstar DBRS

Morningstar DBRS highlighted in a recent report that as most sectors of the U.S. commercial property and casualty (P&C) insurance market are experiencing significant softening, the U.S. casualty line remains an outlier through the third quarter of 2025, with rates continuing to rise. Reasons for the rate decline include competition, strong market volume from earnings…

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Novee to provide Volt with AI-assisted underwriting

London-based Volt Underwriting, a Lloyd’s approved underwriter, has partnered with Novee to deploy an AI intelligence layer across its power and renewables portfolio. The partnership aims to improve underwriting efficiency by providing underwriters with practical risk insights while automating labor-intensive data processes. This includes tasks such as plan cleaning, which is critical for feeding data…

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Everest outmanoeuvred property cat market at Jan 1, rates still above required technical price: CEO Williamson

Jim Williamson, president and chief executive officer (CEO) of Everest Group, praised the company’s reinsurance team for its outstanding performance in responding to a more challenging market at the time of renewal on January 1, while also saying that the reinsurer beat the real estate catastrophe market with a 10% global average rate decrease. Everest…

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Stephen Stewart named CEO of Ryan Specialty Canada Limited

International specialty insurance company Ryan Specialty has appointed Stephen Stewart, president and CEO of Stewart Specialty Risk Underwriting, Ryan Specialty’s managing general underwriter (MGU), as CEO of Ryan Specialty Canada Limited. Headquartered in Toronto, Ryan Specialty Canada Limited is a newly established Canadian operating and holding entity responsible for Ryan Specialty’s underwriting management business in…

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Marco Capital completes acquisition of Malta-based insurer Stewart Title Europe

European property and casualty insurance group Marco Capital Holdings Limited has completed the acquisition of Malta-based insurance company Stewart Title Europe Limited. The transaction, first announced in December, has now received all necessary regulatory approvals and is fully completed. Stewart Title Europe Limited is a specialist insurance company that has been in the red since…

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1.1 North American Surety renewals characterised by orderly market dynamics: Gallagher Re

According to Gallagher Re, North American guarantee renewals are proceeding in an orderly manner as of January 1, 2026, characterized by a revival of interest from existing players and the emergence of new market players. Despite lingering economic uncertainty, the market remains profitable through 2025. This stability enables cedents to optimize their plans, provided they…

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