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Morningstar DBRS said that while rising geopolitical tensions stemming from the Iran conflict are expected to drive increased cyber activity and strengthen demand for insurance protection, the weak market evidenced by slower cyber premium growth in recent years is likely to persist unless major cyber loss events materially reset expectations for future claims. A new…

The Insurance Development Forum (IDF), a partnership between the insurance industry, governments and international organizations working to build resilience to natural disasters and climate-related risks, has appointed Maamoun Rajeh to its steering committee. Rajeh serves as President of Arch Capital Group Ltd., a global provider of insurance, reinsurance and mortgage insurance products. In this role,…

Insurance Advisory Partners (IAP), a boutique investment banking firm focused on the insurance sector, has appointed Lou Caltavuturo as a US partner, based in New York, reporting to co-founder and CEO Tony Ursano. Caltavuturo is an experienced investment banker who will focus on brokerage and insurance distribution mergers and acquisitions (M&A) and financings. Over the…

Agam Capital, a provider of insurance-related asset and liability analytics, has announced that it has played a key advisory role in the formation and launch of a new Bermuda-based reinsurance platform for one of the largest mutual life insurance companies in the United States. The new entity is structured as a separate account company (ISA)…

Dutch insurance company Achmea announces the appointment of Rogier Peters as member of the Executive Board and Chief Risk Officer (CRO), effective October 1, 2026. Peters will succeed Michiel Delfos, who will resign on the same day. Peters is an experienced insurance executive and risk management expert with an actuarial background. He has been Chief…

John Doyle, president and CEO of global insurance and reinsurance brokerage group Marsh Group, said he expects the company to be an “artificial intelligence winner” as it leverages its scale and capabilities in investing in artificial intelligence (AI) to drive greater value from its proprietary data assets to its role as a trusted advisor to…

AM Best has revised the outlook for Florida Farm Bureau Group members to positive from stable and affirmed a financial strength rating of B++ (Good) and a long-term issuer credit rating of ‘bbb+’ (Good). Florida Farm Bureau Casualty Insurance Company and its fully reinsurance subsidiary Florida Farm Bureau General Insurance Company together form the Florida…

Global reinsurer Munich Re has announced the promotion of James Sanzone to Vice President and Head of Ocean Freight, Munich Re North America (MRS-NA). In his new role, Sanzone will continue to lead the development of MRS-NA’s ocean freight products and the expansion strategy for the team’s proven ocean freight product line capabilities. The executive…

Eirion Risk Underwriters has announced the launch of its Construction Professional Liability (CPL) scheme, designed to provide professional risk coverage for contractors and construction project stakeholders. The program offers a range of coverage including annual Contractor Professional and Pollution Liability (CPPL), project-specific CPPL and Owner Protective Professional Indemnity (OPPI). The program, which has an A+…

Applied Systems, a global provider of cloud software for the insurance industry, has announced that Graham Blackwell has been appointed as its next CEO as part of a planned leadership transition over the next two quarters. Current Applied Systems CEO Taylor Rhodes, who has led the company for the past seven years, will continue in…