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Specialty insurance and reinsurance brokerage Price Forbes has strengthened its Singapore team with the appointment of Rajiv Ramakrishnan as head of accident and health (A&H). He will report directly to Dick Heath, Head of Reinsurance and Wholesale, and will assume responsibilities immediately. In this role, Rajiv will drive the growth of Price Forbes’ A&H services…
Global insurance and reinsurance broking group Aon has strengthened its digital infrastructure lifecycle solutions advisory with the appointment of Stephen Fox as managing director, while Brian Hearst takes on the role of global head of digital infrastructure builder risk. As demand for data centers, cloud capacity and artificial intelligence (AI) infrastructure continues to grow, organizations…
Skyward Group, a specialty property and casualty (P&C) insurance company, has announced the nomination of Peter Hearn as a new independent director to its board of directors. Hearn will join the Board of Directors on August 1, 2026, and will be the sixth independent director to join the Board in the past three years. He…
BMS Group, an independent insurance and reinsurance broker, has partnered with EigenRisk to integrate the EigenPrism platform into its catastrophe risk management system, iVision. The integration introduces additional capabilities to iVision’s GIS-based analytics, including real-time event data, expanded access to external data providers and updated reporting capabilities. The changes are designed to support insurers in…
Andy Buddell has joined global insurance and reinsurance brokerage group Howden as Asia chief operating officer (COO) based in Malaysia. Bader will oversee operational strategy as the group continues to scale and innovate across the region. The executive has extensive experience in international insurance markets, having led operational and strategic transformations in global markets. “His…
Japanese insurers received favorable terms and pricing cuts during the reinsurance renewal season on April 1, supported by strong financial results, a lack of major catastrophe losses and ample underwriting capacity, according to global brokerage group Aon. According to Aon’s April 2026 Renewal Reinsurance Market Dynamics Report, which explores the Japan-centric 1.4 renewal season, interest…
In a letter to shareholders accompanying AIG’s annual report, Chairman and CEO Peter Zaffino emphasized the company’s commitment to accelerating its artificial intelligence strategy and strengthening long-term growth. He sets out this ambition in an increasingly complex operating environment shaped by an evolving risk landscape, geopolitical tensions, ongoing inflationary uncertainty, heightened disaster activity and rapid…
Specialty insurance solutions provider AM Specialty Insurance Group (ASIG) has announced a series of promotions across AM Specialty Insurance Company (ASIC) in the US and ASIC UK. Duncan Daniel has been promoted to Vice President, Underwriting, ASIC US. He joined ASIG in the summer of 2020, initially working at Am Re Syndicate Inc. and later…
Global fintech leader Acrisure has completed the previously announced acquisition of Vave, the technology-driven management general agency (MGA) of specialty reinsurance/insurance company Canopius Group. Under the terms of the deal, Vave now becomes part of Acrisure Underwriting, a platform of 12 MGAs operating in the U.S. insurance market. MGA will continue to operate under its…
Chirag Shah, global head of casualty insurance at Gallagher Re, said that despite competition on terms, the casualty reinsurance market capacity increased on April 1, 2026, supported by existing players and new entrants, and reinsurance renewals also increased. In reinsurance broker Gallagher Re’s latest Issue 1 report, Shah noted that the casualty market of 1.4…