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David Powell, head of technical underwriting at Lloyd’s Market Association, said that while the number of global trade credit insurance claims fell by 26.5% in 2025, the total value increased by nearly $38 million year-on-year to $438.5 million, highlighting the importance of strong underwriting and long-term capabilities to support complex transactions. Lloyd’s Market Association, the…
Global insurance broker Howden has announced the appointment of Diego Sánchez Canencia as head of analytics at Madrid-based Howden Re Iberia. With this appointment, the company further strengthens its analytical capabilities in the region, as it continues to invest in reinsurance products in Spain and Portugal. In his new role, Sánchez Canencia will lead Howden…
AM Specialty Insurance Group (ASIG), a global provider of specialty insurance solutions, has appointed Matt Mosher to its Board of Directors. The appointment is in line with the insurer’s long-term growth plans as the company continues to focus on strengthening its governance framework and combining experienced industry leadership with its underwriting-first approach. Mosher worked at…
The latest report released by Fitch Ratings shows that in 2025, the U.S. property/casualty insurance industry will achieve its strongest underwriting performance in two decades. Last year, the industry achieved its second consecutive year of underwriting profitability, marking the second consecutive year of profitability after underwriting losses in 2023 and 2024. “Adjusting for industry investment…
Global reinsurer Canada Life Re has completed a series of tailored structured reinsurance transactions designed to support insurers adapting to Japan’s new Economic Solvency Ratio (ESR) capital regime. As one of the early players in the field, the firm has positioned itself at the forefront of helping clients navigate the evolving regulatory needs of one…
Gallagher noted that its global client base includes many organizations currently actively evaluating carbon removal as part of their net zero, investment or risk strategies.
The latest report released by Fitch Ratings shows that in 2025, the U.S. property/casualty insurance industry will achieve its strongest underwriting performance in two decades. Last year, the industry achieved its second consecutive year of underwriting profitability, marking the second consecutive year of profitability after underwriting losses in 2023 and 2024. “Adjusting for industry investment…
Fidelis Partnership, a specialist insurance group specializing in underwriting and investment management, has announced the appointment of Marcus Taylor as Head of Strategic Relationships. Taylor joins Aon from a reinsurance broker position in the global reinsurance division. He has over 25 years of experience in the reinsurance markets in the US, UK and Asia Pacific….
Reinsurers have outperformed since the outbreak of the Iran conflict, with the sector remaining resilient heading into the first quarter of 2026 despite currency headwinds and a more competitive pricing environment, RBC Capital Markets said. SCOR was reported to be the top performer on the back of improved capital generation prospects, while continuing to strengthen…
UK insurance services provider Jensten Group has restructured its executive leadership team and business into two clearly defined trading divisions: Brokerage and Product & Distribution. The insurer has created two new executive positions, Chief Executive Officer (CEO) Broking, which will be held by Gareth Birch, and Chief Executive Officer Product & Distribution, which will be…