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Pelagos Insurance Capital Limited (formerly Fidelis Insurance Holdings Limited) reported group-wide underwriting revenue growth of $76.2 million in the first quarter of 2026, compared with a loss of $94.5 million in the first quarter of 2025, driven by solid performance in the insurance and reinsurance segment. Group gross written premiums (GPW) increased 6.8% to US$1.8…
Accelerant Holdings reported first-quarter 2026 results, with exchange written premiums increasing 16% year over year to $1.14 billion and adjusted EBITDA growing more than 70% as the company continues to expand its data-driven specialty insurance platform. Accelerant revealed that total revenue climbed to $273.3 million in the first quarter of 2026 from $178 million in…
Specialist insurance and reinsurance broker Price Forbes has announced the appointment of Finn Cackett as joint managing director of A&H London. Cackett is a well-known figure in the A&H market and will leverage his 30 years of industry experience to develop and execute growth strategies, launch operations and design new products. He will report to…
Although rising energy costs are putting new pressure on China’s industrial sector, China has so far avoided major supply disruptions related to ongoing tensions in the Middle East, trade credit insurance expert Coface said. China is in a better position to withstand long-term instability in the region than many other Asian economies, Coface said in…
Global reinsurance brokerage Gallagher Re has announced the appointment of Charles Amblard as Senior Advisor to its global multi-discipline Private Equity and M&A practice (PEMA) for the Europe, Middle East and Africa region. Based in France with responsibility across Europe, Amblard will drive the development of new client relationships and strengthen Gallagher’s footprint in M&A…
Credit ratings agency AM Best has upgraded the financial strength rating of Hamilton Select Insurance, Inc., the U.S. excess and surplus (E&S) lines underwriting platform of Bermuda-based insurer and reinsurer Hamilton Insurance Group Ltd., to “A” (Excellent) with a stable outlook. AM Best explained that the rating upgrade is primarily due to the clear support…
Christian Howell will join Willis Re, the reinsurance advisory and brokerage joint venture between Bain Capital (BCIS) and WTW, as a senior team member responsible for spearheading its push into global life reinsurance. Most recently, Howell served as head of international insurance solutions at Macquarie Asset Management, where he focused on helping insurance clients develop…
Zurich-based catastrophe insurance data provider PERILS disclosed that it has raised its secondary industry damage estimate from extratropical storm Niels (also known as Ulrike) to 767 million euros. This is a 31% increase from the preliminary loss estimate of €586 million published by PERILS on March 27, 2026, six weeks after the end of the…
Neil Eckert, chief executive officer (CEO) of Bermuda-based global reinsurer Conduit Re, said its casualty count increased by more than 23% in the first quarter of 2026 and that it will be able to expand share with existing customers and develop new relationships as the company implements its medium-term strategy. Conduit Re’s gross written premiums…
Global reinsurance broker and risk advisor Aon has announced the appointment of Jimmy Mitchell and Adam Rimmer as brokers in the firm’s global reinsurance team, effective immediately. Mitchell has been named vice president of Global ReSpecialty in New York. He will work with clients to build global treaty portfolios, leveraging his experience and market relationships…