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Netherlands-based international life insurance, pensions and asset management group Aegon has agreed to sell its UK business to Standard Life in a deal worth £2 billion. The transaction concludes the global insurance group’s strategic review of its UK business and supports its stated ambition to become the leading life insurance and pensions provider in the…
Hamilton Insurance Group, a Bermuda-based underwriting and insurance platform focused on specialty insurance and reinsurance, has established a reinsurance sidecar to support the capabilities of its casualty reinsurance portfolio. The structure is expected to operate for many years, with total ceded premiums estimated to be approximately $300 million over its lifetime. Sidecar’s investment capital and…
Global insurance and reinsurance group Aon has expanded its proprietary Data Center Lifecycle Insurance Program (DCLP) by an additional $1 billion, increasing total capacity to $3.5 billion. At the same time, the broker has also expanded the program’s coverage to include existing data centers that have exceeded their first year of operation. The broker explained…
Berkshire Hathaway Specialty Insurance (BHSI) has announced the promotion of Jessica Kirby to UK country manager, replacing Nick Major who is retiring from the company and the London market. Kirby will be based in London and brings nearly two decades of experience focusing on the UK and London markets and deep financial expertise. She has…
Specialist insurance and reinsurance group Fidelis Partnership (TFP) and its managing general agency (MGA) platform Pine Walk have opened a new office in London’s Grace Hall. Grace Hall is a Grade II listed building in Leadenhall Street, London, originally built in 1927 as the London base for the family banking company Grace & Co. The…
Sompo APAC, a subsidiary of Sompo International Holdings Ltd., announced the appointment of Daniel Lukas as Senior Vice President and Head of Asia Pacific Personal Insurance Business, effective April 17, 2026. Based in Singapore, Lukas will join the Asia Pacific consumer leadership team and report to Bill Zhang, President of Sompo Asia Pacific Consumer Business….
Italian fintech platform Satispay has announced the inclusion of specialized business insurance in its Business Premium subscription service through a partnership with REVO Insurance, aiming to protect SMEs and help them comply with new regulatory requirements. The Satispay Business Premium subscription service is an ecosystem designed to grow merchants’ businesses, and insurance policies are now…
International insurance company Mapfre has announced the appointment of Miguel Serrano Loredo as its new Administrative and Financial Director, succeeding Oscar GarcÃa-Serrano. GarcÃa-Serrano, who has held the position since April 2022, will now succeed Rafael Prado as CEO of Mapfre Colombia. Loredo joined Fundación Mapfre in 2008 and was appointed Deputy Manager of Administration and…
The European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM) have announced proposals for a Europe-wide risk-sharing framework to address natural disaster insurance coverage gaps while safeguarding private sector participation. The proposal, released on April 9, 2026, comes at a critical time, as escalating climate-induced losses and increasing affordability pressures threaten…
Kin, a direct-to-consumer digital home, auto insurance and home finance provider, has appointed Okta Chief Financial Officer (CFO) Brett Tighe to its board of directors. During his tenure at Okta, Tighe oversaw the company’s financial strategy, which guided the company from its early stages through its IPO and its current status as a globally recognized…