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The consultation on the creation of a new regulatory framework for captive insurance in the UK has closed, with Zurich Insurance saying it has the potential to strengthen the UK’s position as a leading global insurance centre. In July 2026, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) proposed a regulatory framework…

MGT, an AI-native neo-insurer designed to modernise commercial P&C insurance, has announced the appointment of Joe Magdovitz as Head of Finance. In his new role, Magdovitz will lead and grow the company’s finance function to support its continued rapid growth across new markets and distribution channels. He will report directly to Michael Topol, Co-Founder and…

Tokio Marine HCC (TMHCC), a Texas-based specialty insurance provider, has committed $100 million as a seed investor to a new emerging markets fund, established by International Finance Corporation (IFC), a member of the World Bank Group, and managed by BlueOrchard Finance Ltd. Additionally, Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF) has committed a…

Marsh, a global professional services firm, and Bloomberg New Economy, a platform focused on global economic and business issues, have launched a new coalition aimed at helping organisations respond to emerging risks and identify opportunities for sustainable economic growth. The Competitive Resilience Coalition will bring together senior executives, policymakers and other leaders from the public…

Constellation Re, a provider of M&A and reinsurance solutions and member of the Constellation family of businesses, has revealed the completion of the first reinsurance transaction for Constellation Re Bermuda, Ltd., its Bermuda-domiciled licensed reinsurer, which has also been assigned an insurer financial strength rating of ‘A’ by Fitch Ratings. Constellation Re Bermuda was incorporated…

PICC Property and Casualty Company Limited (PICC P&C) has issued the first insurance-linked securities (ILS) in the form of a sidecar in Hong Kong, providing quota-share reinsurance protection for offshore windfarm insurance risks in mainland China. The $12 million transaction is also the first sidecar ILS issuance by a mainland Chinese insurance institution. The deal…

Italy-headquartered global insurer Generali has appointed Emanuele Moneghini as Group Chief Audit Officer, effective 1 October 2026. In his new role, Moneghini is responsible for the group’s audit function and for coordinating its internal audit functions. He will assess the adequacy and effectiveness of the internal control system and other components of the governance framework….

British insurer Aviva has announced the appointment of Johan Slabbert as Managing Director, Aviva Global Corporate & Specialty (GCS) and CEO, Aviva Syndicates, subject to regulatory approval. Slabbert will join on 1 December 2026, reporting into Jason Storah, CEO, UK & Ireland General Insurance. In his new position, the executive will lead Aviva’s GCS operations…

The Hartford, a US-based insurer, has announced leadership changes, expanding both Shekar Pannala and Stephen Deane’s roles while appointing James M. Yanosy as Chief Risk Officer, effective 2 November 2026. The Hartford expands Pannala’s role as Chief Information Officer to include Data and Artificial Intelligence. Pannala joined The Hartford in March 2023 to lead technology…

Christopher Gray, Divisional Director, Reinsurance, at Westfield Specialty International, has argued that success in today’s reinsurance market depends on more than capacity alone, demanding expertise, strong partnerships and a clear commitment to delivering value. As the annual Baden-Baden reinsurance meeting approaches, Gray sees it as an “invaluable opportunity” to strengthen relationships, exchange insights and explore…