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Karen Clark & Company (KCC), a catastrophe risk modelling firm serving re/insurers and insurance-linked securities investors, says artificial intelligence could significantly change how catastrophe models are developed and updated, with implications for reinsurance pricing, underwriting and capital management. In a white paper published in August 2026, KCC says catastrophe modelling is moving from traditional statistical…

Marco Capital, the P&C legacy consolidator and parent of insurance services group PoloWorks, has agreed to acquire Pro Global, with the two businesses set to combine following completion to create one of the industry’s largest specialist insurance services businesses across Lloyd’s, the London Market and international insurance markets. “Pro Global and PoloWorks share a common…

Xceedance, a provider of technology-driven business solutions for the insurance industry, has appointed Adrian Spieler to its Board of Directors, with immediate effect. Spieler joins the Xceedance board with more than 30 years of experience spanning reinsurance, insurance and asset management. He has served as Chief Operating Officer at Convex Insurance, a specialty insurer and…

INSHUR, a global provider of embedded insurance solutions for the on-demand economy, has launched a new commercial auto insurance programme for rideshare and professional drivers across the United States. The programme is led by Mobilitas Insurance, with reinsurance support from Gen Re, and is written through Incline P&C Group. INSHUR says the programme is designed…

Addressing the media yesterday, Hon. Andre Ebanks, MP, Premier & Minister for Financial Services and Commerce, said the Cayman Islands application to the US National Association of Insurance Commissioners (NAIC) for Qualified Jurisdiction Status (QJS) would be a 16-18 month process, and would allow the jurisdiction to “mature” in the reinsurance space and “potentially grow…

Tysers, a specialist insurance and reinsurance broker, has appointed Ben Lott to its Non-Marine team in Dubai as the company continues to strengthen its capabilities across the Middle East and North Africa (MENA) region. Reporting to Amin Basbous, CEO of Tysers Dubai, Lott will work on developing the company’s property and casualty portfolio across MENA…

China’s non-life insurance sector was broadly stable in the first half of 2026, supported by a robust solvency buffer, modest premium growth and a steady underwriting margin, according to Fitch Ratings’ China Non-Life Insurance Monitor: August 2026 report. Additionally, at the end of the first quarter of 2026, the sector’s comprehensive solvency ratio, measured by…

Pacific Life Re, the global reinsurance business of Pacific Life, has announced the completion of its third asset-intensive flow reinsurance transaction in Japan, executed with a leading Japanese life insurance company. This transaction, which involved the reinsurance of whole of life liabilities through another new flow counterparty, builds on the firm’s previous block and flow…

Insurance holding company W. R. Berkley Corporation has merged Verus Specialty Insurance and Vela Insurance Services under a shared leadership structure to create a new specialty insurance business called Berkley Meridian. The new business will be led by Marlo M. Morrison as President, and combines the underwriting capabilities, leadership talent, and expertise across construction, professional…