Markel Group names Wilson and Crowley as EVPs

Global reinsurance and insurance company Markel Group Inc. has appointed Simon Wilson and Andrew Crowley as its Executive Vice Presidents (EVPs), effective immediately. In addition to their current responsibilities, the two will also take on expanded responsibilities. Currently, Wilson serves as Chief Executive Officer (CEO) of Markel Insurance and Crowley serves as President of Markel…

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Zurich Australia expands in life insurance market with ClearView acquisition

Zurich Financial Services Australia (Zurich) has entered into an agreement to acquire ClearView Wealth Limited (ClearView) through a scheme of arrangement. The ClearView equity value of the transaction is approximately A$415 million. Zurich Australia confirms that the proposed acquisition has received the unanimous recommendation of ClearView’s directors. Implementation of the proposed acquisition is subject to…

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Solomon Islands records first climate risk insurance payouts following January heavy rainfall

The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first disbursement of the Solomon Islands Climate Risk Parametric Insurance Scheme. The payments were triggered by a heavy rainfall event in January 2026 and were processed through the bank’s regulatory…

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Cayman reinsurance assets surpass $100bn, says Cayman Finance

Cayman Finance, the representative body for the Cayman Islands’ financial services industry, reports a significant expansion in the jurisdiction’s reinsurance industry following the release of 2025 insurance statistics by the Cayman Islands Monetary Authority (CIMA). According to the latest data from CIMA, Cayman Financial stated that the number of licensed reinsurance companies has increased from…

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Canopius and Globex Underwriting Services partner to expand global marine coverage

Canopius, a global specialty and P&C re/insurer, announced that Canopius US Marine and Globex Underwriting Services have formed a partnership to provide local marine policy underwriting services globally. Globex Underwriting Services, a division of Globex International Group, is an independent service provider supporting the international needs of insurance companies. Through this partnership, Canopius will expand…

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