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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…
In a letter to shareholders after disclosing record 2025 results, Chubb Chairman and Chief Executive Officer Evan G. Greenberg emphasized the company’s underwriting discipline as key to navigating multiple hard and soft market cycles, noting that while the commercial property and casualty pricing environment is softening, the shift is not binary but “structured and nuanced.”…
International underwriter Dual Group has appointed Ed Ashby as CEO of DUAL North America, marking the next phase of growth for the division. Ashby will lead the US business from 23 March 2026 in New York, reporting to DUAL Group CEO Richard Clapham, who commented: “Ed is an experienced commercial leader with a proven track…