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Insurance and investment organization Starr has appointed Zhang Xinwei as global chief operating officer (COO) of its property division, responsible for leading the company’s globally unified property operations function, strengthening team support, enhancing collaboration and driving new growth opportunities. She brings nearly two decades of experience leading real estate operations and driving change at major…
Vienna Insurance Group (VIG) reported pre-tax profit of 310.3 million euros in the first quarter of 2026, a significant increase of 18.8% compared to the same period in 2025, mainly driven by the company’s Special Markets, Poland, Central and Eastern Europe Extended Region and Austria divisions. Meanwhile, VIG reported that total premiums increased by 4.4%…
Amiga Specialty, a specialist managing general agent (MGA), has secured £25m/USD ‘A Class’ global licensing capability for its yachting division, marking a major step forward in the development of its specialist marine product. The newly acquired capacity will enhance Amiga Specialty’s ability to underwrite complex yachting risks globally. While the unit will underwrite yachting risks…
Amiga Specialty, a specialist managing general agent (MGA), has secured £25m/USD ‘A Class’ global licensing capability for its yachting division, marking a major step forward in the development of its specialist marine product. The newly acquired capacity will enhance Amiga Specialty’s ability to underwrite complex yachting risks globally. While the unit will underwrite yachting risks…
A new report from Marsh’s Guy Carpenter finds that legal reform, greater construction resilience and disciplined underwriting have helped restore capital and confidence in Florida’s real estate market, with risk-adjusted real estate catastrophe pricing generally down 15% – 20% across multiple tiers at June renewals and reinsurance capacity for Florida customers increasing by more than…
Arrow Global Group, a pan-European investment management company specializing in private credit and real estate, has appointed Enrico Bertagna as CEO of Arrow MGA Solutions, the managing general agency partners division within Arrow Global Insurance (AGI). Arrow Global said the appointment was part of its strategy to strengthen AGI’s MGA business and expand its specialty…
Insurance infrastructure platform Boost Insurance Holdings, Inc. announced the release of Boost Atlas, an AI-enabled broker and managing general agent (MGA) portal designed to compress placement workflows from hours to seconds. Boost Atlas serves as the integrated distribution interface for the Boost comprehensive MGA platform. It provides a centralized portal where MGAs and brokers can…
HDI Global, the corporate and specialty insurance company of Talanx Group, has announced the appointment of Kai Schulte-Schrepping as its new global head of liability risk, effective July 1. The move is part of an internal leadership transition that will continue to focus on strengthening the global liability portfolio and U.S. markets. HDI Global confirms…
African Risk Capacity (ARC) paid $5.5 million in drought insurance payouts in Somalia based on confirmed parametric indices. This amount was paid to the Government of Somalia (SODMA) (62.7% of the total), Start Network (21.5%) and WFP (15.8%). As of May 2026, the three organizations have reportedly supported more than 153,000 people combined through parametric…
An assessment written by Jennifer Chang, senior vice president of sustainable finance credit at Moody’s Ratings, and Firas Saleh, director of North American flood modeling, assessed residential flood risk across the United States and found a large gap between insured and uninsured losses at the county level under different flood scenarios. Moody’s ratings indicate that…