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…

Read More

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…

Read More

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…

Read More

Sompo expands Australian operations – Reinsurance News

Sompo, a commercial and consumer property and casualty insurance and reinsurance provider, has expanded its Australian operations by recruiting a team of nine local underwriters with expertise in the property, casualty, financial, energy and construction sectors. The team will be based in offices in Sydney and Melbourne, subject to regulatory approvals. Paul O’Neill, president of…

Read More

Aon expects market dynamics to accelerate legacy activity at Lloyd’s

Despite lower legacy deal activity in 2024 and 2025 amid relatively muted catastrophe activity and strength in the broader reinsurance market, brokerage group Aon expects activity in the specialist Lloyd’s market to accelerate as capital allocation becomes more disciplined. Insurance and reinsurance broker Aon’s April 2026 Lloyd’s Heritage report notes that current market dynamics, including…

Read More

Record buyout conversions fail to reduce growing insurer backlog: Barnett Waddingham

Independent professional services consultancy Barnett Waddingham (BW) has released the results of its 2026 survey of all 11 active large annuity insurers, indicating that despite acquisition volume reaching new highs, the overall pipeline of plans awaiting completion is still expanding. Barnett Waddingham reports that almost 160 defined benefit (DB) pension schemes have completed the transition…

Read More

New Mountain CEO outlines long-term vision to build diversified, multi-line reinsurance platform

Steve Klinsky, CEO and founder of New York-based New Mountain, said the launch of VictoryRe and NovaRe underscores the company’s belief in the specialty insurance space and plans to expand into complementary areas of the insurance and reinsurance markets over time. The newly established reinsurance platform VictoryRe marks Johor Bahru’s entry into the reinsurance carrier…

Read More