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Reinsurance is entering a new era with a systemic shift in how capacity is acquired and managed, driven by the convergence of sophisticated data analytics, widespread technology adoption and global capital diversification, Send analysts said in a recent report. Additionally, leaders in the industry are no longer content to compete solely on price or traditional…

Brenda Stewart has been promoted to head of captive management and consulting at global insurer American International Group (AIG). In her new role, Stewart will be responsible for leading global captive management, independent units and advisory groups within AIG Captive Solutions. She will also oversee client relationship management, new business development, operational performance and leadership…

Insurance and risk management company Travelers Companies, Inc. and artificial intelligence research company Anthropic announced a collaboration to expand Travelers’ artificial intelligence engineering and analytics capabilities. Approximately 10,000 Travelers engineers, data scientists, analysts and product owners will use Anthropic’s personalized AI assistant to support and accelerate the development of software, analytics and machine learning models….

Willis and Synthetik have extended their long-term partnership, giving WTW operations access to Synthetik’s full suite of political violence and terrorism (PVT) software modeling tools. By integrating Synthetik’s personal risk models, including AnyBuildingRisk, Cityscape and SRCC Quantum, and its related data products into Willis’ existing enterprise-wide risk management platform, Willis and its clients will gain…

Skyward Specialty Insurance Group, Inc., part of Skyward Group, has expanded its excess and surplus (E&S) property product offerings with the introduction of excess insurance. The expansion is part of the company’s ongoing efforts to provide a broader range of E&S solutions. The additional capacity is designed to support tiered programs for complex, non-catastrophic property…

Experienced financial professional Prateek Maheshwari has joined Hannover Re India as the new Chief Financial Officer (CFO). Maheshwari moves to India from Hannover Life Re Australia’s Sydney branch, where he most recently worked as a management accountant for nearly four years. The appointment marks a homecoming of sorts for the executive, who is no stranger…

SiriusPoint, a global specialty insurer and reinsurer, has entered into a new strategic partnership with multi-line program administrator Integrated Specialty Coverages (ISC) to support the expansion of the latter’s flagship general liability program designed to provide cost-effective insurance solutions for small contractors such as landscapers and roofers. The partnership is designed to support the continued…

International business insurer QBE has announced the appointment of Chris Reidy as head of core claims and James Villiers as head of complex claims for its European business. Reidy succeeds Scott Jacobs, who has been with QBE for nearly two decades, most recently as integrated property, casualty, motor and health claims manager. Jacobs has been…

Insurance holding company WR Berkley Corporation announced the appointment of Lee Iannarone as executive vice president, succeeding Stephen Kennedy, who has been named senior vice president and general counsel. As part of his new responsibilities, Iannarone, who has more than 25 years of industry experience, will oversee certain aspects of the company’s operations. The executive…

In its 2026 forecast report, CyberCube, a specialist provider of cyber risk analytics for global insurance markets, outlines how actionable data and operational efficiencies will play a decisive role for insurers and reinsurers in the year ahead. The report highlights that translating cyber risk insights into actual underwriting and portfolio actions is critical to maintaining…