Fitch observes rising regulatory scrutiny of private credit in US and UK insurance markets

U.S. and British regulators are increasing scrutiny of insurers’ exposure to private credit and other alternative assets, Fitch Ratings said in its update on global insurance regulatory developments. The shift reflects broader concerns among prudential regulators about the rapid growth of private markets and the increasing complexity of insurers’ investment allocations. Regulators in multiple jurisdictions…

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WTW appoints Haibin Li as Director and Data Scientist within its NA PPCU consulting team

Global reinsurance broker WTW has announced the appointment of Li Haibin as director and data scientist for its North American Pricing, Products, Claims and Underwriting (PPCU) consulting team. In his new role, Li will be responsible for supporting PPCU clients and prospects by creating and delivering integrated consulting and technology solutions. He will focus on…

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Mina Sahib to lead mea Platform’s MENA team as VP

mea Platform, an AI-native insurance technology company, has announced the appointment of Mina Sahib as regional vice president for the Middle East and North Africa (MENA). In her new role, Sahib will be responsible for leading mea’s expansion in the MENA region, working with reinsurers, carriers, brokers and MGAs to introduce agency AI solutions to…

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Enstar and Artex to provide exit solutions for Artex’s ILS vehicles

Global legacy specialist Enstar Group has partnered with Artex Capital Solutions, a provider of insurance-linked securities (ILS) insurance management and alternative risk solutions, to provide investors with a streamlined exit solution for the Artex ILS transformation vehicle, offering investors a diverse range of forward-looking and retrospective exit products through Enstar’s Cavello Bay Reinsurance Limited subsidiary….

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Aon’s Jeff Alpaugh takes on expanded role as CCO, Risk Capital

Aon has appointed Jeff Alpaugh as Risk Capital’s chief commercial officer, responsible for leading the firm’s Risk Capital global commercial strategy, supporting clients in aligning capital, insight and risk solutions as they pursue growth in increasingly complex markets. In his expanded role, Alpo will leverage this experience to further align Aon’s venture capital capabilities with…

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VIG Re appoints Michael Klikovits as Head of Finance

VIG Re has appointed Michael Klikovits as treasurer and member of the senior leadership team, where he will help guide the company’s finances through the current three-year strategic cycle, ‘VIGRe28 – Step Up’. expansion. accelerate. Klikovits has extensive expertise in group reporting, regulatory compliance and insurance industry financial management. He gained this experience working for…

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Coalition introduces enhanced business recovery endorsements for cyber incidents

Coalition, a proactive insurance company focused on preventing digital risks, announces enhanced business recovery endorsements designed to protect revenue, accelerate settlements and support businesses after a cyber incident. During the Activate conference, the Coalition announced a series of recognitions, including key account coverage, expedited reviews, cash flow lifelines, and reduced wait times for customers using…

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Zurich names Shukla as Head of Digital, APAC

Major operator Zurich Insurance Group has appointed Digbijoy Joseph Shukla (Digi) as head of digital for Asia Pacific (APAC), taking over from Roopa Malhotra, who has moved to chief growth and advice officer Zurich Japan. Shukla will help shape Zurich’s pan-Asia-Pacific customer and digital agenda and lead Zurich Edge, the insurer’s regional digital and embedded…

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