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Independent specialist MGA group Optio Group has reached an agreement to acquire Gardian Marine Limited for an undisclosed amount, pending regulatory approval. Headquartered in London and founded by Guy Tyler and Edward Morgan, Gardian Marine offers specialist insurance covering shipbuilder’s risk, shiprepairer’s liability, voyage and towage, as well as a range of bespoke support products….
Global reinsurance brokerage Howden Re has appointed Verena Seitz and Johanna Fricke as directors to strengthen its DACH interim team. Both will focus on expanding Howden Re’s temporary reinsurance business in the DACH region. They have extensive experience in structuring and implementing complex multinational projects and have established excellent client relationships in the DACH market….
CRC Group, the independent wholesale specialty insurance distributor, has launched REDY INTEL, a new artificial intelligence engine embedded in the CRC REDY platform. REDY INTEL aims to transform the way professional risk is analyzed, targeted and placed by transforming data into real-time, actionable insights across every workflow. It enhances every interaction on the REDY platform,…
International life insurance group Talcott Financial Group has announced the expansion of its subsidiary Talcott Life Re’s previously announced bulk reinsurance transaction with Japan Post Insurance Company. Under the terms of the extended agreement, Talcott Life Re will reinsure an additional 100 billion yen (approximately $625 million at current exchange rates) of in-force annuities. This…
Global insurance and reinsurance broking group Howden is to strengthen its specialist actuarial and longevity consulting capabilities with the acquisition of Hymans Robertson’s insurance and financial services consulting group (IFS group). The transaction is expected to close this spring and will result in the creation of Howden Insurance Actuarial & Longevity (Howden IAL), a new…
Techcom Life Insurance Joint Stock, a new life insurance company established by Techcombank, has entered into a strategic partnership with global life and health reinsurer Reinsurance Group of America (RGA) to expand access to and support the growth of the Vietnamese life insurance market. The collaboration marks the first of its kind in Vietnam, bringing…
Qover, a Belgian insurtech company specializing in embedded insurance orchestration, has secured $12 million in growth capital financing from CIBC Innovation Banking as it enters its tenth year of operations. The company reported that this latest financing brings its total funding since inception to more than $100 million. Qover explained that it develops technology infrastructure…
WTW Enterprises Willis has announced the appointment of Tony Simm as interim head of Europe and UK. In his new role, Simm will be responsible for leading the delivery of high-quality client solutions across diverse geographies and lines of business. He is also responsible for developing strategy for the European and UK interim teams, attracting…
Bermuda-based reinsurer Aspen reported improved full-year underwriting performance in 2025, with underwriting revenue rising to $370.8 million from $345.8 million in 2024. The company’s gross written premiums increased slightly to $4.67 billion in 2025, compared with $4.61 billion the previous year, while net written premiums declined to $2.84 billion from $2.94 billion, reflecting continued portfolio…
Life and health insurance company Aflac Incorporated, through its subsidiaries in Japan and the United States, announced that Aflac Re Bermuda Ltd. (Aflac Re) has entered into an agreement with Japan Post Insurance Company to reinsure a portion of life annuities through coinsurance, effective March 31, 2026. This marks Aflac Re’s first reinsurance transaction with…