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The conflict in Iran has exacerbated a recent series of geopolitical crises that have put pressure on the profitability of maritime and aviation insurers, and Morningstar DBRS said reinsurers are likely to respond by increasing attachment points or reducing capacity and increasing retention rates at major carriers. On February 28, 2026, the United States and…
CyberCube, a provider of cyber risk analytics serving the insurance industry, has launched version 6 of its single risk underwriting platform Account Manager in a press release, which the company said it expects to help operators scale their cyber books. CyberCube said the latest version of Account Manager (AMv6) is designed to enhance insurers’ ability…
Liberty, a unit of property and casualty insurer Liberty Mutual Insurance Group, has appointed Cynthia Sze as Hong Kong chief executive officer (CEO), effective from May 2026, subject to regulatory approval. Liberty’s Hong Kong entities will be unified by consolidating their operations under a single license, effective April 1, 2026. Liberty International Insurance Limited will…
According to Dylan Mortimer, head of Marine Warfare at Marsh UK, near-term rates for the Marine Corps Hull business line in the Gulf are likely to rise by 25-50%, while other reports indicate that some underwriters have reacted quickly by canceling certain annual Hull War policies under standard seven-day war clauses. On February 28, 2026,…
Clear Blue Insurance Group, a leading U.S. plan-focused insurance company, has appointed Miles Allkins as executive vice president (EVP) and chief risk officer. In this role, Allkins will lead enterprise risk, pricing governance, capital modeling, actuarial efforts and analytics across multi-line property and casualty platforms. He will focus on aligning underwriting with disciplined capital deployment,…
Australian insurance brokerage Steadfast Group reported underlying revenue of US$1 billion in the first half of 2026, an increase of 14.6% over the same period last year. In the first half of 2026, the group’s underlying EBITA increased by 12.6% to US$293.6 million, driven by strong contributions from subsidiary performance improvement plans, acquisitions and strict…
Property general agency (MGA) Delos Insurance Solutions and ROAR Partners, an investment advisory firm specializing in pre-disaster risk mitigation, have entered into a strategic partnership to provide complete disaster risk exposure strategies for wildfire-prone areas in California and the United States. The joint initiative will focus on three key areas: identifying areas with lower development…
EPIC Insurance Brokers & Consultants, Inc. (EPIC), a national insurance brokerage and advisory firm, announced the appointment of Miranda Rodriguez as head of project development for its national real estate business. In this newly created position, Rodriguez will focus on strengthening and expanding EPIC’s real estate operations. She will oversee initiatives spanning project design, strategic…
Specialty Program Group (SPG) LLC, a specialty insurance platform, has acquired Logistiq Insurance Solutions (Logistiq) to merge its business with its previously acquired Anova Marine Insurance. This strategic move brings together two marine and transportation insurance entities to create a unified, technology-forward platform that addresses the complex risks of global supply chains through SPG’s freight…
Tokio Marine Kiln (TMK), a specialist insurer operating in the London market, has appointed Lauren Storer as underwriter in its property and motor division, reporting to Neil Robertson, head of open market property. Storer has over 13 years of underwriting experience, specializing in direct and temporary (D&F) property risks underwritten through Lloyd’s, corporate markets and…