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QBE Re, the reinsurance arm of global insurance group QBE, has appointed Montassar Cherrak as its regional head for the Middle East and North Africa (MENA). Based in Dubai, Cherrak will report to Houcine Zouaoui and oversee QBE Re’s underwriting strategy in the Middle East and North Africa region. The appointment is reportedly part of…
Gallagher has announced the appointment of Charles Amblard as senior advisor to its global multi-disciplinary Private Equity and M&A practice (PEMA) in the Europe, Middle East and Africa region. Based in France with responsibility across Europe, Amblard will drive the development of new client relationships and strengthen Gallagher’s footprint in M&A and private equity. He…
KatRisk, a provider of catastrophic risk modeling software to the insurance and financial services industries, has officially launched its two core business units: KatRisk Intelligence and KatRisk Technology. This divergence continues the company’s efforts to connect scientific innovation to real-world decision-making in the insurance and financial services industries. KatRisk said the move also reflects the…
Credit rating and risk analysis agency Moody’s Ratings has announced the results of its annual survey of chief financial officers of 27 leading European re/insurance companies. Moody’s report stated that the European insurance industry will mainly focus on macroeconomic uncertainty in 2026, with competitive pressure and geopolitical risks also ranking high. Despite this cautious backdrop,…
Ariel Re, a global reinsurer with offices in Bermuda, London and Hong Kong, has appointed Richard Sammons as active underwriter for Syndicate 2006, subject to Lloyd’s approval. In this role, Sammons will lead Syndicate 2006 and help drive Ariel Re’s continued emphasis on underwriting discipline and delivering sustainable returns across its specialty reinsurance portfolio. According…
Pelagos Insurance Capital Limited (formerly Fidelis Insurance Holdings Limited) reported group-wide underwriting revenue growth of $76.2 million in the first quarter of 2026, compared with a loss of $94.5 million in the first quarter of 2025, driven by solid performance in the insurance and reinsurance segment. Group gross written premiums (GPW) increased 6.8% to US$1.8…
Accelerant Holdings reported first-quarter 2026 results, with exchange written premiums increasing 16% year over year to $1.14 billion and adjusted EBITDA growing more than 70% as the company continues to expand its data-driven specialty insurance platform. Accelerant revealed that total revenue climbed to $273.3 million in the first quarter of 2026 from $178 million in…
Specialist insurance and reinsurance broker Price Forbes has announced the appointment of Finn Cackett as joint managing director of A&H London. Cackett is a well-known figure in the A&H market and will leverage his 30 years of industry experience to develop and execute growth strategies, launch operations and design new products. He will report to…
Although rising energy costs are putting new pressure on China’s industrial sector, China has so far avoided major supply disruptions related to ongoing tensions in the Middle East, trade credit insurance expert Coface said. China is in a better position to withstand long-term instability in the region than many other Asian economies, Coface said in…
Global reinsurance brokerage Gallagher Re has announced the appointment of Charles Amblard as Senior Advisor to its global multi-discipline Private Equity and M&A practice (PEMA) for the Europe, Middle East and Africa region. Based in France with responsibility across Europe, Amblard will drive the development of new client relationships and strengthen Gallagher’s footprint in M&A…