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Verisk has launched a major update to its U.S. Tropical Cyclone Model, delivered through its new cloud-native Synergy Studio platform, providing more realistic assessments of individual and portfolio risk for insurance, reinsurance and capital markets. According to Verisk, the updated U.S. tropical cyclone model reflects a near-term climate view based on recent tropical cyclone behavior…

International insurer and reinsurer QBE has announced the appointment of Andy Tsui as Head of Corporate Underwriting for Hong Kong and Macau and Head of People Risk for Asia, effective June 1, 2026. Xu will be based in Hong Kong and will report to Lei Yu, CEO of North Asia. In his new role, he…

In an increasingly complex geopolitical environment, James Mahon of global technology services provider DXC Technology urges a move away from manual processes and fragmented systems towards modern, automated reinsurance platforms to enable reinsurers/insurers to maintain control, respond to changes faster, and compete in volatile markets. James Mahon, head of reinsurance pre-sales at DXC Technology, said…

Global reinsurer Munich Re has announced a number of key leadership appointments within its claims organization, all effective June 1, 2026. In light of his retirement at the end of November, current head of single risk claims Michal Mekota will resign. In this role, he will serve as a senior executive advisor, focusing on strategic…

Fortegra Group, Inc., a global specialty insurance company, announced the completion of its acquisition of DB Insurance Co., Ltd., a Korean non-life insurance company. The deal, originally announced on September 26, 2025, will see DB Insurance acquire 100% of the outstanding shares of Fortegra from Tiptree and Warburg Pincus for approximately $1.65 billion in cash….

Swiss Re has appointed Martin Zingg, currently group head of corporate development and strategic investments, as head of its Alternative Capital Partners (ACP) division, replacing Chris Minter who has decided to retire after nearly 13 years with the company. In addition to his current responsibilities, Zingg will lead ACP, which reportedly reflects the growing convergence…

Japanese life insurers have become increasingly reliant on reinsurance in recent years, largely driven by sectors preparing for the new J-ICS solvency regime to come into effect at the end of March 2026, a new report from AM Best shows. The rating agency said the overall cession rate (as a percentage of the segment’s total…

Beazley, a major specialty insurer, has expanded the responsibilities of Stefan Wunderlich and appointed him as head of alternative risk transfer (ART) in addition to his existing role of head of parameters. Wunderlich will relocate to Bermuda for his new role, subject to immigration approval. The move strengthens the insurer’s commitment to Bermuda and follows…

Nigeria-based Africa Reinsurer reported gross written premiums (GWP) increased by 9.9% to $316.3 million in the first quarter of 2026, compared with $287.8 million in the first quarter of 2025. Despite this, gross premiums and net premiums still fell by 4.8% and 3.2% respectively. For the quarter, gross premiums earned were $249.5 million, compared with…

Santam Syndicate 1918, the Lloyd’s platform of Santam Group, Africa’s largest non-life insurance company, has announced the appointment of Sam Geddes as Chief Executive Officer. He will be based in London and report to Gareth Beaver, CEO of Santam Expert Solutions. Santam Syndicate 1918 said Geddes joins the company with more than 25 years’ experience…