Latest Smartphones, Gadgets and Startups News
John Doyle, president and CEO of global insurance and reinsurance brokerage group Marsh, said today that while 2026 is unlikely to be Guy Carpenter’s fastest-growing year, he was “pleased” with the reinsurance brokerage’s first-quarter execution despite current headwinds. Guy Carpenter Revenue for the first quarter of 2026 was $1.2 billion, up 3% year over year…
Insurance and reinsurance broker Aon has appointed Daniel England as head of casualty treaties for Reinsurance Solutions Asia Pacific (APAC). In his new role, England will drive collaboration across the broker’s casualty business in Asia Pacific to help clients make better decisions to manage volatility, protect downside risk and diversify their portfolios. Aon explained that…
According to Artemis, issuance of catastrophe bonds and related insurance-linked securities (ILS) reached $6.7 billion in the first quarter of 2026, with 35 repeat sponsors and three first-time sponsors entering the market in the first quarter, setting a record number of transactions. Artemis’ first quarter 2026 Cat Bond and related ILS market report is now…
Rare Earth Insurance Partners, a member of the +8 Partners global insurance ecosystem, has announced multiple promotions and new positions within its leadership team. Headquartered in Hong Kong with offices in Shanghai, Taiwan and the United Kingdom, Rare Earth is an independent wholesale insurance broker providing competitive commercial insurance products and expertise to retail brokers…
AXA XL Reinsurance has announced the appointment of Tara Smith-Eckert as Head of Reinsurance Claims, North America, effective May 1, 2026. In her new role, Smith-Eckert will be responsible for leading claims operations in North America and Bermuda and continuing to focus on delivering efficient, high-quality claims services. With nearly two decades of professional experience,…
The Travelers Companies, Inc. reported first-quarter 2026 net income of $1.711 billion, up from $395 million in the same period in 2025 due to lower catastrophe losses and higher net investment income. Travelers’ core revenue for the first quarter of 2026 was $1.696 billion, a significant increase of $1.253 billion from the first quarter of…
Global reinsurance broker Guy Carpenter reported revenue of $1.2 billion in the first quarter of 2026, up 3% year-on-year and up 2% on a year-on-year basis, supporting a strong start for brokerage group Marsh. Groupwide, insurance and reinsurance broker Marsh reported consolidated revenue of $7.6 billion in the first quarter of 2026, up 8% year-on-year…
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…
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…
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…