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Qatar Islamic Insurance Group has received a license from the authorities of the International Financial Services Centre (IFSC) to establish an Indian branch to conduct reinsurance business in Gujarat International Finance Tec-City (GIFT City). The firm is the latest in a long line of re/insurers to establish its presence in GIFT City. The IFSC recently…

Australian insurance broker network Steadfast Group has reported a 15.3% year-over-year increase in underlying revenue to AU$2.10 billion for FY2026, while underlying NPATA rose 7.1% to AU$366.3 million. For FY2026, the firm’s underlying EBITTA increased 13.8% to AU$669.8 million, while underlying diluted earnings per share rose 7.7% to 28.8 cents. Steadfast’s underlying NPAT for FY2026…

Ocean Re has appointed Pedro Fernandes as Chief Financial Officer (CFO), where he will lead the firm’s global finance function, overseeing financial strategy, capital management, planning and reporting, while supporting its continued expansion and long-term business objectives. Fernandes joins Ocean Re with extensive international experience in finance, business leadership, and strategic management. The executive has…

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the promotion of Jennie Beard to Head of UK & MENA War and Terrorism, effective 1 August 2026. In her new role, Beard will continue to lead and develop LSM’s UK War and Terrorism proposition, broadening her leadership remit into MENA and supporting…

Vienna Insurance Group (VIG) has reported a 20.7% rise in result before taxes to EUR 641.5 million for the first half of 2026, driven primarily by the positive performance of the total capital investment result and an improved net combined ratio. The insurer confirms that all segments generated positive results before taxes, with the highest…

INTX Insurance Software, which provides technology for insurers and reinsurers, is extending its relationship with Bermuda-based property and casualty runoff reinsurer Xitus Re Ltd, with the INTX (Re)Insurance Operating System continuing to support the company as it adds portfolios, transactions and operations across multiple jurisdictions. A key component of the deployment is INTX Re, INTX…

EPIC Insurance Brokers & Consultants, a national insurance brokerage and consulting firm, has announced a series of leadership appointments, including Thomas O’Neil as Vice Chairman. Collectively, these appointments are designed to strengthen EPIC’s leadership team and deepen expertise across its core business areas while positioning the organisation for its next phase of growth. Steve Denton,…

Industry veteran Michael Parrish has joined Aon Guernsey, the Channel Islands operation of the global professional services and insurance brokerage firm Aon, as Executive Director. Parrish brings over 30 years of global experience across captive insurance, alternative risk financing, risk management and insurance consulting to his new role. Throughout his career he has gathered extensive…