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Credit rating agency AM Best has affirmed the Financial Strength Rating (FSR) of Vantage Risk Ltd. (Bermuda) and its subsidiaries at A- (Excellent) and the Long-Term Issuer Credit Rating of A- (Excellent), effectively relieving the company from scrutiny and the far-reaching consequences of its recent acquisition by Howard Hughes Holdings (HHH). On June 4, 2026,…
David Kinzel, head of Aon Group’s U.S. practice for political risk, said that although the United States and Iran have reached an agreement to end the military conflict, uncertainty surrounding the terms of the agreement may hinder any material improvement in the industry’s risk appetite in the near term. On June 15, US President Donald…
Indian public sector reinsurer General Insurance Corporation of India (GIC Re) has appointed Hitesh Rameshchandra Joshi as Chairman and Managing Director (CMD) with effect from June 16, 2026, a position he held on an interim basis from October 1, 2025. The reinsurer notified the country’s Ministry of Finance that the appointment had been approved by…
MNK International, a specialist Lloyd’s of London insurance brokerage and part of the MNK Group, has appointed Robert Cooper as managing director of aquaculture, livestock and pedigree as the company continues to expand its global agricultural and specialty insurance portfolio. Based in London, Cooper joins MNK International where he was responsible for developing a diversified…
Global professional services firm Aon’s risk settlement team has a total transaction volume of £100bn across its three business areas, including bulk annuity business, longevity reinsurance business and transactions in which Aon provides due diligence advice to insurers. Martin Bird, senior partner and head of UK risk settlement at Aon, said the UK pension risk…
Indian public sector reinsurer General Insurance Corporation of India (GIC Re) has appointed Hitesh Rameshchandra Joshi as Chairman and Managing Director (CMD) with effect from June 16, 2026, a position he held on an interim basis from October 1, 2025. The reinsurer notified the country’s Ministry of Finance that the appointment had been approved by…
Specialty insurance distributor CRC Group has announced the appointment of experienced insurance and reinsurance professional Bethany Greenwood as chief executive officer (CEO) of its underwriting division. Greenwood has more than 25 years of leadership experience in specialty insurance, spanning brokerage, underwriting and execution management. She was most recently based in London and is currently relocating…
Moonrock Insurance, a specialist managing general agent (MGA) providing insurance solutions for unmanned aviation, drones and advanced air mobility, has appointed Alex Seymour as senior underwriter as the company continues to expand its underwriting capabilities and support its international growth strategy. Seymour has over 30 years’ experience in aviation insurance underwriting, having worked in the…
Zurich Insurance (Hong Kong), part of Zurich Insurance Group, has partnered with data and AI risk technology company YAS Insurance to promote the use of artificial intelligence and robotics in Hong Kong through embedded insurance solutions. Under the partnership, Zurich will develop customized microinsurance products for robots and integrate insurance coverage into YAS’ robot sales…
Reinsurance and capital solutions broker Augment Risk has appointed Brad Livingston as a partner to expand its insurance-linked securities (ILS) product range. In his new role, Livingston will be based in Nashville and report directly to Thad Hall, the company’s director of ILS solutions. He has over 18 years of industry experience and has deep…