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According to a report by credit rating agency AM Best, the U.S. property and casualty (P&C) industry’s net underwriting income in the first nine months of 2025 was US$35 billion, a significant increase from US$3.7 billion in the same period in 2024. A special report from AM Best outlines the results, First Look: 9-Month 2025…
Global insurance and reinsurance broking group Howden has announced the appointment of Nick Stace OBE to the newly created role of Chief Global Impact Officer, effective January 2026. In his new role, Stas will lead and shape Howden’s strategy to build a more sustainable and resilient future for customers, employees and communities. He will report…
Insurance services provider Amynta Group has completed the acquisition of Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, International Sureties). Founded in 1972, International Sureties is a specialist surety broker offering a range of commercial surety products including maritime sureties, court sureties, insolvency sureties, logistics sureties and license and license sureties. With…
Amwins, an independent wholesale distributor of specialist insurance products active in the global reinsurance market, provides an updated perspective on conditions in the year ahead. The assessment draws on comments from Jennifer Keefe, vice president of marketing at Amwins Re, and insights from Nigel Fearon and Tom Jakob, directors at Amwins Global Risks. Amwins said…
Tim Turner, head of risk group at Beazley MAP (maritime, accident and political), said data centers are increasingly being targeted for protest and disruption, highlighting the need for insurance to evolve into a strategic enabler to help organizations protect assets, sustain operations and seize opportunities amid uncertainty. Turner pointed out that geopolitical tensions and economic…
Coalition, a proactive insurance company focused on preventing digital risks, has added a new Deepfake Response endorsement to its global cyber insurance policies. “Businesses can do all the right things — lock down networks, ignore fraudulent fund transfer requests, comply with privacy laws — only to have their reputations damaged by deepfakes,” said Tiago Henriques,…
Arch Insurance, a subsidiary of Bermuda-based reinsurance/insurance firm Arch Capital Group, has appointed Ernesto Medina Gomez to the newly created role of Head of European Execution Assurance at Arch Insurance (EU) dac (AIEU), effective immediately. In his new role, Medina Gomez will lead the expansion of Arch’s execution assurance business in continental Europe, with a…
Lockton, a privately held independent insurance brokerage, reports that the U.S. commercial insurance market will remain largely stable in 2025, although economic uncertainty is expected to affect conditions in 2026. The latest Lockton market update provides commercial insurance buyers with detailed analysis on property, workers’ compensation, liability, directors and officers liability, employment practices liability, loyalty/criminal,…
Specialist reinsurance broker Willis Re has announced the appointment of Charlie Hall, a seasoned reinsurance executive with over a decade of experience in the non-marine property market. Hall joins the company after a successful tenure at Guy Carpenter, bringing with her a reputation for technical excellence and global relationship building. The executive began her career…
DBRS Morningstar, a credit rating agency known for independent financial analysis and industry research, said the outlook for the Canadian property and casualty (P&C) insurance market remains neutral in 2026. DBRS Morningstar said the industry continues to benefit from strong capital positions, resolute underwriting practices and prudent provisioning, all of which are helping to balance…