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Property renewal rate reductions begin to moderate in Q3’26: CRC Group

CRC Group, an independent wholesale specialty insurance distributor, has released its Property REDY Index for Q3 2026, showing that property pricing continued its downward trajectory, although the pace of rate reductions began to moderate. CRC Group reported that average year-over-year renewal pricing declined 12.0% in July, 11.4% in August and 11.1% in September, compared with…

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Everest names Reed as Head of Canada Treaty Reinsurance

Everest, a global insurance and reinsurance group, has announced the promotion of Mike Reed’s to Head of Canada Treaty Reinsurance. Reed will leverage his over 18 years of industry experience to lead Everest’s Canadian Treaty strategy, execution, and market representation. The executive brings deep underwriting expertise and collaborative leadership to his new role, skills that…

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UK pension risk settlement activity to rebound after subdued start to 2026: Aon

Aon plc, a professional services firm providing risk, retirement and health solutions, has reported that activity in the UK pension risk settlement market is expected to increase significantly following a relatively subdued start to 2026. Aon attributes the anticipated growth to strong scheme funding positions, competitive insurer pricing and a wider range of options for…

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Generali unveils new organisational structure

The Board of Directors of Italy-headquartered global insurer Generali, chaired by Andrea Sironi, has approved a new organisational setup proposed by Philippe Donnet, Group Chief Executive Officer (CEO), as the final phase of the “Lifetime Partner 27: Driving Excellence” strategic plan. The new structure, effective 2 November, 2026, will expand Giulio Terzariol, Direttore Generale, the…

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Marsh reports further decline in global commercial insurance premiums in Q3’26

Global commercial insurance premiums continued to fall in the third quarter of 2026, declining by an average of 5% as competition among insurers and abundant market capacity continued to influence pricing. According to the latest Global Insurance Market Index (GIMI), published on 21 October by Marsh, a global professional services firm specialising in risk, strategy…

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