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Commercial property and casualty insurance company Zurich North America has announced the launch of Data Center Project Guard, a new product that expands and customizes Zurich Builders Risk insurance coverage. Billed as the first of its kind, the product is designed to address coverage gaps and unique loss drivers in data centers, a sector that…

Specialty insurance and reinsurance solutions provider AXIS has announced the appointment of Douglas Yates to its Accident & Health (A&H) team as head of US healthcare reinsurance underwriting. Yates has nearly two decades of experience in healthcare reinsurance and joins AXIS from Reinsurance Group of America (RGA), where he served as vice president and actuary….

First Connect Insurance Services, a digital platform that provides independent agents with access to top insurance companies, has exceeded $500 million in gross written premium (GWP) by 2025. This important milestone comes one year after Centana Growth Partners acquired a majority stake in the company, highlighting a year of meaningful expansion, product innovation, and expanded…

Continental Reinsurance Holdings, the African reinsurance group with operations in more than 50 countries, has officially moved its group holding company from Mauritius to the Republic of Botswana. The move, which follows the fulfillment of all regulatory, statutory and logistical obligations, marks an important milestone in the group’s expansion plans and underlines Botswana’s position as…

Credit rating agency Fitch Ratings’ view of the Latin American insurance industry is generally stable in 2026, with a “neutral” outlook for most markets, reflecting Fitch’s expectations for stable performance in the region. A notable exception is Mexico, where Fitch believes economic conditions have “deteriorated” as tax reform will put pressure on profitability and capital…

Property & Casualty Insurance Hong Kong, a unit of Property & Casualty Insurance International Holdings Limited, has appointed Ofelia Szeto as head of real estate and construction business and Jessica Lai as head of mid-sized corporate and SME business to strengthen its underwriting structure, effective January 1, 2026. These appointments are part of Sompo Hong…

Specialist reinsurance broker Willis Re has welcomed a number of marine and energy experts from Marsh McLennan’s reinsurance arm, Guy Carpenter. Freddie Vaughan has over 14 years’ experience in the specialty reinsurance market. He started his career in JLT Re’s Marine Energy and Terrorism team, where he worked for five years before joining Guy Carpenter’s…

Munich Re, one of the world’s leading reinsurance companies, predicts that its return on equity (ROE) will reach more than 18% by the end of 2030, with earnings per share growing at an average annual rate of more than 8%. The group strives to achieve IFRS net profit of 6.3 billion euros in 2026. Today,…

Swiss Re and Reinsurance IQ (RIQ) have signed a memorandum of understanding (MoU) to develop and expand innovative capability solutions, risk origination opportunities and artificial intelligence-powered capabilities across the UAE. Headquartered in Abu Dhabi Global Market (ADGM), RIQ was launched in June 2025 by global investment firm IHC in partnership with BlackRock and Lunate. The…

Acrisure has agreed to acquire Vave, a technology-first underwriting management general agency, from Canopius Group, an international specialty insurer and P&C/insurance company. Vave, which will continue to operate under its own brand, leverages data-driven precision underwriting to provide instant bindable quotes for U.S. catastrophe E&S property risks, with real-time binding and servicing via APIs. The…