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Helios Underwriting, the publicly traded company offering instant access to a portfolio of syndicates at Lloyd’s, recorded a 6.5% increase in net asset value (NAV) total return to 17p per share in its interim results for the first six months of 2026. In H1’26, Helios generated a significant rise in profit before tax to £11…
Fiona Marry, European CEO of specialty insurer Bridgehaven, said the MGA model represents a significant growth opportunity, with Continental Europe following the UK and US towards a more MGA-centric market, albeit on its own trajectory and timeline. Speaking to Reinsurance News around the 2026 Rendez-Vous de Septembre (RVS) in Monte Carlo, Marry explained that Continental…
The Fidelis Partnership (TFP), a Bermuda-based risk allocator and independent managing general agent (MGA) platform, has filed a preliminary registration statement for an initial public offering (IPO) of its ordinary shares, seeking a New York Stock Exchange listing under the symbol “TFP” and opening the way to access the public equity markets. The Form F-1,…
Marsh, a global professional services firm specialising in risk, strategy and advisory services, has launched Archer by Marsh to service asset managers, as well as life and annuity insurers, in establishing and operating reinsurance businesses. The new unit will be led by Faisal Haddad, a Bermuda-based member of Oliver Wyman’s actuarial practice, as Chief Executive…
Duck Creek, an insurance technology provider focused on core systems and digital capabilities for insurers, has introduced Agentic First Notice of Loss (FNOL), an AI-powered claims intake solution that the company says can automate information gathering, validation and routing from the moment a claim is reported. Built on the company’s Agentic AI Platform, Agentic FNOL…
Insurance Advisory Partners (IAP), a boutique investment banking firm specialising in the insurance sector, has appointed Matthew Morris as Partner in its New York office, effective immediately. In his new role, Morris will leverage his more than three decades of industry experience to advise insurance clients on mergers and acquisitions, capital raising, strategic transactions, and…
AdA Underwriters Limited, a specialist insurance underwriting business operating in the specialist Lloyd’s re/insurance market, has secured regulatory approval to establish its own managing agency. The approval has been granted by the Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA) and Lloyd’s, with AdA expecting the new structure to take effect on 1 January…
MISSION, an MGA capital partner providing underwriting businesses with capital, capacity, technology, compliance and operational infrastructure, has appointed Bruno Ritchie as Strategic Advisor as the company develops its international presence. MISSION said the appointment will support its focus on the French market, where it is seeking to identify specialist underwriting teams looking to establish and…
Analysts at Jefferies said reinsurers are being viewed as a “safe haven” from AI implementation risks, but warned that if AI results in larger insurers taking share from mutuals and smaller players, demand for reinsurance could structurally reduce. In a recent research paper, analysts from investment bank Jefferies pointed out that reinsurers have been viewed…
WTW, a global advisory, broking and solutions company, has announced the launch of Radar AI Assistant, a new natural language capability within Radar Vision designed to strengthen insurance portfolio management and provide faster insights. Radar AI Assistant enables pricing, underwriting, claims and portfolio management teams to identify emerging issues and uncover hidden patterns within their…