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Reinsurance broker Guy Carpenter will face headwinds as prices soften further at 1.1 2026 renewals as part of the reinsurance market, specifically real estate catastrophes, and expects this trend to continue in subsequent 2026 renewals, but management also sees ample growth opportunities in the coming months. Guy Carpenter, the reinsurance brokerage arm of Marsh, performed…
Allianz Business Group announces the opening of its Miami Latin America Center with a well-established leadership team that combines regional expertise and global capabilities. The new center significantly strengthens Allianz Commercial’s footprint in Latin America, enhancing the company’s ability to provide specialized solutions, including temporary reinsurance and commercial insurance, in several key areas including real…
Insurance is seen as a key enabler for carbon capture and storage (CCS) projects, with nearly two-thirds of leaders relying heavily on insurance to manage risk, according to a recent analysis by Marsh Risk, a Marsh Risk business. The analysis is based on insights from a survey of 504 senior UK CCS decision-makers covering the…
Specialty insurer and reinsurer SiriusPoint has appointed John Sakakeeny as chief underwriting officer (CUO) of North American property and casualty insurance, effective February 2, 2026. In his new role, Sakakeeny will provide strategic leadership to SiriusPoint’s North American insurance business’s underwriting and program management teams, drive profitable growth and strengthen technology underwriting capabilities. He will…
A recent report from AM Best shows that competitive market pressures have resulted in smaller year-over-year premium growth in the surplus lines market after years of sustained significant growth. AM Best reported that premium growth in the excess and surplus (E&S) market increased by 9.7% in the third quarter of 2025, down from 13.5% in…
Lockton Re’s proprietary analytics platform SAGE has been awarded another U.S. patent covering systems and methods for customized and real-time visualization, comparison and analysis of insurance and reinsurance structures, with additional patents pending. Key features of the platform enable customers to make faster, more informed decisions, providing greater transparency and efficiency. By turning data into…
Guy Carpenter, a reinsurance brokerage company under Marsh, reported revenue of US$215 million in the fourth quarter of 2025 and US$2.5 billion for the full year of 2025, an increase of 7% (5% on a basic basis) and 6% (5% on a basic basis) respectively compared with the same period in 2024. Guy Carpenter’s strong…
Brit Group has updated its cyber alliance Brit Cyber ​​Attack Plus (BCAP), led by Brit Syndicate 2987, which provides clients with comprehensive cyber insurance covering cyber-triggered physical damage and business interruption under a single cover and claims agreement. Created in 2016 to meet the needs of clients looking to expand network coverage across independent networks…
A new report released by WTW Enterprise Willis with contributions from Willis Re shows that natural disasters will cause more than $100 billion in insured losses in 2025, marking the sixth consecutive year above this threshold and underscoring the continued severity and persistence of natural disaster risks even without a hurricane making landfall in the…
Dale Underwriting Partners, trading as Lloyd’s Syndicate 1729 of Dale Management Agency Limited, announces the appointment of Kevin Flack to the newly created role of Head of Portfolio Solutions. In this role, Flack will be based in London and will work closely with Dale’s leadership team to drive product portfolio development and enhance data-driven decision-making….