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Re/insurance crucial in driving India towards its economic objectives: DFS

Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), while addressing the 3rd IFSCA-IRDAI-GIFT City Global Reinsurance Summit in Mumbai, said that India’s re/insurance industry is on the verge of transformative growth and called the industry “critical” to achieve the country’s economic goals. The summit brought together key stakeholders across the financial services ecosystem and…

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AIG to leverage CVC’s investment expertise in new strategic partnership

AIG and CVC have collaborated to support AIG’s long-term investment objectives, including the creation of large-scale separately managed accounts within CVC’s credit strategies and the launch of CVC’s private equity secondary market evergreen platform with AIG as a cornerstone investor. CVC will establish its evergreen private equity secondary market platform, with AIG contributing up to…

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Chubb appoints Cherry Gao as Head of Major Accounts & Global Broking, Singapore

Chubb, a major US insurance company, announced the appointment of Cherry Gau as head of key accounts and global brokerage in Singapore, effective January 19, 2026. Gao has nearly 20 years of regional and multinational experience spanning underwriting, broker engagement and complex risk solutions. She joins Chubb from Berkshire Hathaway Specialty Insurance for nearly a…

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Gallagher Bassett EME&A targets technology investment and geographic expansion in 2026

As a claims management and risk services provider within the Arthur J. Gallagher Group, Gallagher Bassett supports insurers and businesses across multiple industries and geographies, with a clear focus on expansion, consolidation and investment as it enters 2026. Senior leaders from the company’s Europe, Middle East and Asia (EME&A) business outline priorities for the year…

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eReinsure appoints Kyle Domire as Vice President of North America Sales

eReinsure.com, Inc., a provider of software solutions for the reinsurance market, announced that Kyle Domire has joined the company as Vice President of North American Sales. Domire joins eReinsure from parent company Amwins’ brokerage division, where he gained extensive experience working with wholesale brokers and carriers in the US market. Igor Best-Devereux, president of eReinsure,…

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US Property cat price declines greater than expected at Jan renewals: Gallagher Re

Reinsurance broker Gallagher Re shared its expert commentary on U.S. real estate lines at renewal on January 1, 2026, highlighting “real estate cat pricing declines that were larger than average expectations.” As the end of the year approaches, a surge in available capacity and a relatively quiet Atlantic hurricane season have led to lower prices,…

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