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Spanish insurance company MAPFRE has announced that it is restructuring its asset management company MAPFRE AM, creating new divisions and redefining responsibilities. As part of this initiative, MAPFRE has created a strategic project development and innovation area that will integrate initiatives already underway, such as the merger of the Aladdin technology platform announced by the…
PointBridge, a general underwriter (MGU) specializing in professional liability insurance, has launched a new recognition physician malpractice program in partnership with reinsurer/insurer Aspen. The new professional liability plan for physicians and surgeons, offering modern and competitively priced coverage, is scheduled to launch nationwide on January 1, 2026. According to the announcement, initial market rollout will…
Independent insurance and reinsurance broker BMS has announced the appointment of Charlie Emkes to the newly created role of Director of Commercial Directors and Officers (D&O) Solutions, effective January 2026. In his new role, Emkes will coordinate with other BMS and DR&P colleagues to advance the company’s commercial D&O strategy and lead new business development…
AM Best has placed a review on the credit ratings of Vantage Risk Ltd. (Bermuda) and its affiliates, the impact of which is emerging, following Howard Hughes Holdings’ (HHH) announcement that it will acquire Vantage Group from Carlyle and Hellman & Friedman. These include an A- (Excellent) financial strength rating and an “a-” (Excellent) long-term…
Clearwater Analytics (CWAN) has agreed to be acquired by an investment group led by Permira and Warburg Pincus with participation from Temasek in a deal valued at approximately US$8.4 billion. The deal also received strong support from Francisco Partners. Following a process to engage with strategic and financial sponsors, an independent special committee of CWAN’s…
Pinpoint UK Solutions Ltd, part of AM Specialty Insurance Group (ASIG), has received approval from Lloyd’s of London to operate as an authorized underwriter, strengthening its presence in the UK and London markets and enabling direct access to Lloyd’s through a locally established underwriting platform to support the long-term growth of its specialist insurance product…
Insurance and financial services company Canada Life has completed a £189 million comprehensive plan acquisition involving an unnamed pension scheme in the healthcare sector. The transaction successfully protected the future retirement benefits of more than 1,100 deferred members and more than 600 pension members. The acquisition is the result of nearly two years of collaboration…
According to Ivans’ 2025 Insurance Agency-Carrier Connectivity Trends Survey Report, real-time risk appetite information is the top factor influencing carrier selection, indicating that people are abandoning traditional priorities such as policy downloads. “This year’s report reveals a clear view from agencies: Automation and real-time data from carriers are critical components of building strong, lasting agency-carrier…
Prateek Singhal, executive chairman and head of reinsurance at Howden India, said India’s reinsurance industry is expected to grow significantly in 2026, driven by government initiatives, issuance of new insurance licenses and GIFT City emerging as a pioneer financial hub. This will come as no surprise to regular readers of Reinsurance News, who have seen…
Global insurance and reinsurer Everest Group has appointed Tim Carter as head of reinsurance claims for North America and James Parker as head of international reinsurance claims. Carter has been with Everest Reinsurance Company since March 2008 and was named vice president of claims in March 2019, followed by director of international reinsurance claims in…