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Brown & Brown, Inc., an insurance brokerage and risk management services company, has released its 2026 Market Trends Report, which provides a detailed assessment of developments across the insurance landscape, noting that rate conditions in multiple areas are beginning to move in a direction more favorable to buyers who have carefully prepared for renewals and…

AXA Digital Business Platform, the “first of its kind” AI-powered integrated risk management system and the latest offshoot of AXA, has partnered with Earth imaging company Planet to track natural disasters such as earthquakes and hurricanes. Designed to address the challenges of “multiple crises,” AXA DCP integrates advanced technology, extensive data, third-party software, artificial intelligence,…

Markel Insurance, the insurance arm of Markel Group, has appointed John Bang as its first regional head of Korea and Japan, effective immediately. He will be responsible for launching Markel International’s Japan and Korea operations, overseeing business development and deepening relationships with local partners and subsidiaries. In his new role, Bang will lead Markel International’s…

AM Best announced that it is changing the market outlook for its U.S. directors and officers (D&O) liability insurance segment to stable from negative, citing factors including rate stabilization and improvement in loss ratios. The upgrade marks a critical moment for an industry that has faced years of volatility, falling premiums and increasing regulatory pressure….

Covea Insurance UK has appointed Philippe Domart as its Chief Executive Officer (CEO), subject to regulatory approval, effective April 1, 2026. Domat takes over the new role from Jorge de Macedo. Additionally, he will be moving to the UK to be closer to his team and partners. The appointment is in line with the group’s…

Chubb, a major US insurance company, has announced the appointment of José Ramón Morales as Regional Executive Officer for the Southern Region (Spain, Portugal, Italy) and Head of Underwriting Center for Continental Europe, the Middle East and North Africa, effective April 1, 2026. Morales joins Chubb with 25 years of insurance experience and will be…

Mapfre reported that Mapfe Re, which covers reinsurance and global risk businesses, achieved a record performance of 381 million euros in 2025, a year-on-year increase of 17.2%, driven by prudent management and the absence of catastrophe events. Among them, the reinsurance department contributed 329.5 million euros, with a combined ratio of 91.7%, while the global…

Severe and persistent weather events in southern Spain have added pressure to the country’s agricultural insurance framework while leaving private insurers largely insulated from material losses, credit ratings agency Morningstar DBRS said. Morningstar DBRS highlighted in its latest review that Andalusia has a rating of A (high), with stable trends but affected by weeks of…

Descartes Underwriting, specialist in corporate parametric re/insurance solutions for climate and emerging risks, has expanded the responsibilities of commercial director Juan Maria Marqués Domenech to include the Central European region in addition to Iberia. To further strengthen the company’s presence in Europe, Descartes has also appointed Felix Dalheimer as business developer for Germany and Austria….

Global MGA incubator Mission has appointed Tom Hill as chief commercial officer (CCO) for its UK and European operations. Hill is an MGA expert with unique underwriting, DUA placement and MGA creation experience. The appointment is aimed at leveraging his technology underwriting experience to drive commercial strategy and identify the next generation of high-performance MGAs….