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Fosun International Limited has released the unaudited first half of 2026 results for Hong Kong-based global reinsurer Peak Re, reporting a 25.0% year on year increase in reinsurance revenue to USD825.7 million, and an 11.8% rise in gross written premiums to USD1,186.0 million. Net profit after tax reached USD89.7 million, reflecting solid profitability, with the…
Pen Underwriting, a UK-based multi-class, multi-territory managing general agent (MGA), has partnered with Hadron UK Insurance Company Limited, a multinational specialty carrier, to provide underwriting capacity for Pen’s longstanding specialism in the UK thatched and personal leisure property risks market. Coming into effect on 1 September 2026, the new multi-year partnership will enable Pen to…
HDI Global, the Corporate & Specialty insurer within the HDI Group, has appointed Tobias Sigurdsson as Global Head of Fine Art & Specie, with the company aiming to further develop its international offering for high-value assets and complex risks. The appointment forms part of its wider strategy to strengthen its specialty insurance capabilities by combining…
The reinsurance market has long relied on legacy spreadsheets and manual administration, often lagging behind broader digital transformation. Today, though, the merging of cloud-native Software as a Service (SaaS) and artificial intelligence (AI) is driving an essential modernisation across the sector, according to Sapiens. Sapiens, a global provider of software solutions for the insurance and…
The Managing General Agents’ Association (MGAA), the trade association representing the managing general agent (MGA) sector, has published its 2026 Annual Report, detailing developments across its membership, events, industry engagement and regulatory activity over the past year. The report covers the period from 1 August 2025 to 31 July 2026 and provides an overview of…
Broking group and risk advisor Marsh has announced the appointment of Justin Ward as CEO of Pacific at its reinsurance broking arm Guy Carpenter, effective immediately. Ward will be reporting to Tony Gallagher, CEO of Guy Carpenter Asia Pacific, and will relocate to Sydney from Singapore in July 2027. In this role, Ward will oversee…
Sedgwick, a global provider of technology-enabled risk, claims and business solutions, has appointed Jason Rogers as Managing Director, Carrier & Captive Solutions, as part of a newly established leadership role within the company. In the position, Rogers will oversee Sedgwick’s activities supporting captive insurers, insurance carriers, Managing General Agents (MGAs) and Managing General Underwriters (MGUs)….
Bridgehaven Specialty UK Limited (Bridgehaven), a hybrid insurer focused on commercial and specialty lines, has entered into a new strategic underwriting partnership with Amiga Specialty Limited to provide long-term capacity, supporting the continued growth of Amiga’s underwriting platform. The partnership combines Bridgehaven’s capacity, governance and delegated underwriting expertise with Amiga’s specialist underwriting talent, technology-driven operating…
Dr Martin Weldi has been appointed as Chief Financial Officer of HDI International AG, the Retail International Division of the Talanx Group, succeeding Oliver Schmid who is retiring after more than 22 years with the Group. Schmid will retire on 30 November 2026, having spent 16 years as Chief Financial Officer of HDI International AG;…
International insurance group Ageas saw a 17% year-on-year rise in net inflows to EUR 12.1 billion, with a 6% improvement in the net operating result to EUR 776 million in the first half of 2025, supported by commercial performance in both life and non-life, despite elevated weather-related claims. Non-life inflows were up 26% in H1’26,…