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BILTIR appoints Todd Coslow as Director of Policy & Regulation

Bermuda International Long-Term Insurers and Reinsurers (BILTIR), the association representing long-term insurance companies and reinsurers in Bermuda, has announced the appointment of Todd Coslow as Director of Policy and Regulation. In his new role, Koslow will lead BILTIR’s involvement in regulatory and legislative matters affecting the long-term re/insurance industry in Bermuda. He will work closely…

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Duck Creek introduces multi-country layer enhancements as part of global expansion

Duck Creek Technologies, a provider of software to the property and casualty insurance industry, announced the expansion of its global platform strategy and support for insurance companies operating in international markets. Building on its commitment to helping operators scale globally, Duck Creek has enhanced its multi-country architecture and announced a strategic investment to support the…

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US commercial insurance rates up 2.5% in Q1’26 amid softening trends: WTW

Global insurance and reinsurance brokerage WTW’s latest Commercial Insurance Pricing Survey (CLIPS) shows that U.S. commercial insurance rates rose 2.5% in the first quarter of 2026, marking the third consecutive quarter of slowing interest rate increases. Year-over-year, U.S. commercial insurance rates declined from an overall price increase of 5.3% in the first quarter of 2025,…

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DXC to leverage Anthropic’s Claude for mission-critical enterprise systems

DXC Technology, a global technology company focused on insurance and reinsurance, has entered into a multi-year global partnership with Anthropic, an artificial intelligence (AI) security company and creator of Claude. Through this joint initiative, DXC has become one of a handful of global premier partners in the Claude Partner Network, which aims to create new…

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AXIS appoints new senior underwriter in US healthcare reinsurance

Global specialty insurer and reinsurer AXIS has appointed Brian Scott as senior underwriter in its US healthcare reinsurance team. Scott joins AXIS with nearly 20 years of experience in the healthcare industry, having previously held roles at RGA Reinsurance, Voya Financial, Point6 Healthcare and Lockton Companies. He has an extensive background in self-funded health care,…

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Lockton’s revenue rises 12% as reinsurance business continues strong trajectory

Independent insurance brokerage Lockton reported that global revenue increased 12% year-on-year to approximately US$4.5 billion in fiscal 2026, as the company’s global reinsurance business, Lockton Re, continued to grow strongly. The company noted that revenue growth included 11% organic growth, marking Lockton’s sixth consecutive year of double-digit organic growth and underscoring the strength of its…

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Lancashire Insurance US expands product portfolio, announces new appointments

Lancashire Insurance Company America has announced three new appointments as it expands its product portfolio with three new business lines: financial, inland marine and environmental liability. The new products double the company’s coverage offerings and complement existing energy casualty, property casualty and general casualty categories. Jason Rubman, who has 25 years of experience driving market…

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Fortitude Re completes second $500m FABN issuance

Global reinsurer FGH Parent, LP (together with its subsidiary Fortitude Re) announced that Fortitude Life Insurance and Annuity Company (FLIAC) has completed the issuance of its second financing agreement-backed notes (FABN) to institutional investors. Fortitude Re entered the financing agreement-backed notes market in October 2025 with an initial offering of $500 million. The most recent…

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