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Global investment firm Sixth Street has announced that investment vehicles it manages or advises have entered into definitive agreements to acquire a majority stake in life insurance and reinsurance holding company Monument Re. The transaction is expected to close by the end of 2026, subject to regulatory approvals and other customary closing conditions. Global reinsurer…
US insurer The Hartford has appointed Dave Draper as UK chief underwriting officer and active underwriter of The Hartford Underwriting Agency, Ltd – Syndicate 1221, subject to regulatory approval. Carl Bach, III, CEO of Hartford Underwriting Agency, Ltd. – Syndicate 1221, said in a statement: “I am pleased to announce that Dave Draper has been…
Guy Carpenter, a global risk and reinsurance expert and a Marsh business, said in his July 2026 reinsurance renewal report that sufficient capacity and growing reinsurer interest have kept the global property reinsurance market competitive at mid-year renewals, with attractive terms and underwriting options encouraging buyers to explore complementary solutions to complement traditional catastrophe plans….
Insurance Capital Markets Research (ICMR), an independent research and analysis firm specializing in insurance capital markets, has launched an enhanced version of its investor report focused on the Lloyd’s market. The company has developed the capability to monitor monthly net asset value (NAV) increments across the Lloyd’s market, providing investors with an additional benchmark in…
Global reinsurance broker and Mash business Guy Carpenter has announced the appointment of Dorothee Melis-Moutafis as global account executive. In her new role, Melis-Moutafis will focus on helping clients navigate complexity through coordinated, high-quality support across markets, bringing together the right expertise and insights to inform risk and reinsurance decisions, identify opportunities, and deliver consistent…
Mikhail Grishin, chief operating officer of Malaysian reinsurer Mandarin Re, said one of the greatest values ​​of artificial intelligence (AI) in the reinsurance sector is its ability to increase clarity in underwriting portfolios, allowing companies to determine where underwriting time is best spent and improve the speed and quality of underwriting decisions. Grishin stressed in…
Chris Blunt, CEO of F&G Annuities & Life, Inc., an insurance company serving retail annuities, life and institutional clients, will retire to focus on his role as director of F&G and CEO of subsidiary Peak Altitude Equity, LLC. As a result, Conor Murphy, currently President and Chief Financial Officer (CFO), will assume the expanded role…
AM Best, an insurance credit rating agency and analytics provider, has observed that the U.S. cyber insurance industry has effectively split into two distinct submarkets. One is led by surplus lines insurance companies offering stand-alone primary and excess cyber coverage, while the other consists of cyber extensions attached to broader commercial insurance policies. AM Best…
Lemonade, an artificial intelligence-driven digital insurer, has signed a commercial financing agreement with Hannover Re (Ireland) DAC, under which the reinsurer will provide up to $250 million to fund Lemonade’s sales and marketing expenses from January 1, 2027 to December 31, 2028. Under the terms of this new agreement, the funding has outstanding capital caps…
Achmea Reinsurance Company NV has returned to the insurance-linked securities (ILS) market with the issuance of €100 million of Windmill III Re Series 2026-1 catastrophe bonds, which provide protection against European storm and severe thunderstorm losses on a final net loss basis per occurrence. Achmea Reinsurance has entered into a four-year reinsurance agreement with Windmill…