IUA establishes Chief Underwriting Officers Council for London company market

The International Underwriting Association (IUA), which represents insurers and reinsurers in the London market, has established a new Chief Underwriting Officers Council for the London corporate market. The newly formed group will provide leadership and direction for all IUA efforts to support its members’ underwriting operations. It will also provide input into research projects and…

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First Connect surpasses $500 Million in GWP

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…

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Continental Re relocates Group Holding Company to Botswana

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…

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Fitch flags Mexico as 2026 outlier in otherwise steady LATAM insurance landscape

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…

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Sompo Hong Kong enhances underwriting team, Ophelia named Head of Property & Construction

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…

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Swiss Re and RIQ partner to accelerate AI-enabled risk solutions in UAE

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…

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