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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…
Duck Creek Technologies, a provider of software for the property and casualty insurance industry, has announced the appointment of William Magowan as Chief Sales Officer. In his new role, Magowan will oversee the company’s global sales operations and drive growth initiatives as insurers continue to invest in modern core systems and agentic AI. The executive…
Dirk Spenner, CEO of Gallagher Re International, said one of the key themes reinsurers will be focusing on at this year’s Baden-Baden is how they can stay relevant to clients, and this includes offering frequency protection and aggregate covers, but in a very well-structured and calculated manner. In an interview with Reinsurance News ahead of…
Large European insurer Zurich has appointed Scott Yin as its new Chief Executive Officer (CEO) for Zurich China, pending regulatory approval. In the new role, Yin will be based in Shanghai, reporting to Eric Hui, CEO of Greater China at Zurich. He will lead the next phase of growth for Zurich’s commercial insurance business in…
If you are looking for a little Halloween magic this year, look no further than the skies above. Much like August’s Perseid showers and the Geminid showers in December, October brings us the Taurid meteor showers. These showers don’t bring shooting stars but instead, according to Space.com, fireballs. The Taurid meteor showers are pretty interesting…
Selma Blair’s legal team has said that a recent incident involving the actor on board a flight was the result of her having not taken her usual medication for her multiple sclerosis. It was also alleged that during the episode, Selma had attempted to open the plane’s emergency exit mid-flight. After landing in New York,…