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SageSure, a U.S. residential property management general underwriter operating in the catastrophe market, and Auros Reciprocal Insurance Exchange, a policyholder-owned property insurance company, have confirmed the completion of the $175 million Gateway Re Ltd. Series 2026-2 catastrophe bond offering. The transaction further strengthens SageSure’s activities in the insurance-linked securities (ILS) market, following the recently completed…

Elitium, a new general agent incubated by Mission, has been launched to provide commercial comprehensive insurance for selected industries within the manufacturing industry, as well as property insurance for vacant residential and commercial properties that are well maintained. The company explains that the strategy employed by Elitium is rooted in traditional, expert-led underwriting. This approach…

Berkshire Hathaway Specialty Insurance (BHSI), Berkshire Hathaway’s provider of commercial property, casualty and specialty insurance, has appointed Rory O’Broin as global head of transaction liability. In this role, O’Broin will be responsible for overseeing BHSI’s transaction liability operations globally. He has extensive international experience in M&A related transaction liability, contingency and tax liability insurance, and…

Global reinsurer SCOR has promoted Sofia Kyriakopoulou to group chief technology, data and artificial intelligence (AI) officer, effective March 1, 2026. In her new role, she will develop a comprehensive technology, data and artificial intelligence strategy based on the company’s next strategic plan, building on existing strategy, foundation and organization. Kyriakopoulou joined SCOR in 2024…

Global insurance and reinsurance brokerage Howden has appointed Emily Almond as divisional chief executive officer (CEO) and Sebastiano Doria as chairman of global financial sponsorship business. The team will work alongside Howden’s existing global expertise, including its Capital, Advisory and Placement (CAP) team. The pair will be responsible for establishing and managing how Howden serves…

Global insurer Liberty Mutual Group updated its property catastrophe reinsurance program on January 1, 2026, renewing $2.75 billion in occurrence limits that ensure more than $1 billion in retention, as well as $500 million in tail total coverage and $100 million in total protection “closer to income volatility protection.” In 2026, core North American real…