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Markel Insurance, the insurance business of Markel Group Inc., has appointed Kristen Dardia as head of U.S. and Bermuda portfolio analysis in New York. In her new role, Dardia will lead Markel’s advanced analytics, technology pricing and portfolio management capabilities across two geographies. The appointment is in line with the insurer’s long-term strategic plan to…
Achmea and Achmea Pension & Life Insurance (a joint venture between Achmea and Sixth Street established on October 1, 2025) announced the completion of two longevity reinsurance transactions executed by Achmea Pension & Life Insurance, which together cover approximately €8 billion of pension liabilities and approximately half of the company’s longevity risk exposure. The agreements…
HIVE Underwriters, an independent specialist managing general agent (MGA), has expanded its network of intelligence partners to enhance aviation safety risk management with the addition of global intelligence and safety risk consultancy Dragonfly Intelligence. Dragonfly Intelligence, part of Dow Jones Global Risk Insights, provides crisis management, security and risk professionals with geopolitical and security intelligence…
International law firm DAC Beachcroft has expanded its presence in the United States with the opening of a new Miami office and a new insurance team in Miami and Los Angeles. Partner Joel McNabney and counsel Audrey Goldman, experts in insurance and reinsurance who advise insurers and underwriters on complex, high-risk underwriting matters, have joined…
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA) and the Mandatory Provident Fund Schemes Authority (MPFA) have collaborated with Hong Kong Cyberport Management Company Limited (Cyberport) to launch the Generative Artificial Intelligence (GenA.I.) Sandbox++ program. The Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance…
Italy-based global insurance company Generali has appointed Sun Lei as deputy regional officer for Asia, effective March 9, 2026, based in Hong Kong. The appointment is in line with the insurer’s aim to capture the region’s long-term potential, drive sustainable growth and expand its presence in key markets across Asia by combining local expertise with…
Specialist catastrophe property management general underwriter (MGU) SageSure has completed its second reinsurance sidecar transaction with Seawall Re II Ltd., securing $200 million in capital. Including the first Seawall Re deal in July 2025, the SageSure-sponsored sidecar platform has now secured $250 million in funding in less than a year. The company said the expansion…
Algorithmic Insurance Services, Inc. (LIRG), a provider of data-driven reinsurance solutions, has signed a delegated underwriting authorization agreement with Malaysian reinsurer Mandarin Re Ltd. The agreement grants the LIRG platform the authority to underwrite and bind policies and contracts up to $3 million each, consistent with agreed-upon underwriting guidelines. This covers mixed property risk, property…
Marsh executives confirmed that data centers are an insurable asset class, however, their sheer size and scope poses challenges, noting that these multi-billion dollar facilities require careful risk engineering and close collaboration between project sponsors and re/insurers. Speaking at a recent Digital Infrastructure News webinar hosted by Marsh, Mike Matthews, head of global digital infrastructure…
Gallagher Australia, the local arm of global insurance broking, risk management and advisory firm, has appointed Johannes-Daniel Veldsman as chief commercial officer, responsible for overseeing the company’s specialist divisions and commercial strategy. In this role, Veldsman will manage Gallagher Australia’s professional areas and support the continued development of the company’s professional capabilities. The company said…