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Ahead of the European Council in March, insurers are calling on EU leaders to deliver a real simplification package for financial services, including a comprehensive bus for financial services, to achieve clear and measurable reductions in regulatory burdens, according to the European Insurance Association. Insurance Europe notes that the accumulation of overlapping and complex regulatory…
African Specialty Risks (ASR), the developing markets-focused re/insurance group, has announced the appointment of Alexander Milne as director of international policy and partnerships. In this role, Milne will lead strategic partnerships with governments, development finance institutions, donors and philanthropic organizations to support ASR’s initiatives on resilience, climate finance and de-risking in emerging markets. He will…
Talanx Group reported a record 2025 net profit of €2.48 billion, split equally between primary insurance and reinsurance, reflecting the company’s “diversified and balanced” structure. Torsten Leue, Chairman of the Management Board of Talanx, commented: “2025 has been an extraordinary year. In the first quarter we experienced the largest natural disaster losses in the history…
Specialist Lloyd’s Insurance and Reinsurance Markets has applied to set up operations in the Gujarat International Fintech City (GIFT City), India’s first operational greenfield smart city, India Business News reported. Officials from India’s International Financial Services Center Authority (IFSCA) told the publication that Lloyd’s has applied to set up a statutory insurance and reinsurance company…
Artificial intelligence-powered editing tools are becoming a regular part of digital life, with data analytics and technology provider Verisk reporting that their growing use is affecting behavior in insurance claims. In its latest Verisk State of Insurance Fraud study, the company said 36% of consumers would consider changing claims images or documents, even if doing…
James River Group Holdings, Inc., an American specialty insurance company focused on excess and surplus lines and reinsurance solutions, announced that Kelly Hadiaris has returned to the company as senior vice president of excess casualty underwriting. She will lead the excess casualties division of the company’s excess and surplus (E&S) division and report to Todd…
The Managing General Agents Association (MGAA), the representative body for UK Managing General Agents (MGAs), welcomes the launch of REG Risk 365 by REG Technologies. The new module is part of the REG network and is designed to enhance counterparty governance across the insurance distribution chain. The launch of REG Risk 365 comes at a…
AM Specialty Insurance Group, a provider of specialty insurance solutions, has announced the appointment of Jamie Micheli as head of people and talent at AM Specialty Insurance Company. Micheli has over 12 years of human resources experience and has a strong background in strategic human resources management. Throughout her career, she has led initiatives in…
BPL, an independent credit and political risk insurance broker, has opened an office in Japan as part of its wider international development. The decision reflects growing demand for specialized credit and political risk insurance solutions from Japanese financial institutions, trading companies, multinational corporations and investors. Japanese banks are particularly interested in using credit insurance to…
Insurance and investment organization Starr has appointed Igor Di Beo as its new chief executive officer (CEO) in Brazil, effective March 23, 2026. Di Beo succeeds Cristina Domingues, who will continue to serve on the board of directors of Starr Brazil to help ensure a smooth transition. “Her contributions over the years have been instrumental…