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Howden Re strengthens cyber reinsurance team with five appointments amid rising global demand

Howden Re, part of Howden Re, has made five new appointments to its cyber reinsurance arm as it continues to respond to growing demand from clients around the world. Howden Re said the expansion supports the continued development of its cyber reinsurance capabilities, including establishing a dedicated presence in the United States to serve its…

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Jensten names Jaime Swindle as CEO, Product & Distribution

UK insurance services provider Jensten Group has appointed Jaime Swindle to the newly created position of chief executive officer (CEO) of products and distribution, pending regulatory approval. The appointments follow the insurer’s recent reorganization of its executive leadership team and the division of the business into two clearly defined trading divisions: Brokerage and Product &…

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Allstate’s Q1’26 revenue hits $16.9bn as strong underwriting drives $2.4bn profit

Allstate reported total revenue of $16.9 billion in the first quarter of 2026, an increase of $489 million from the same quarter in 2025, and net income increased to $2.4 billion, reflecting strong underwriting performance. Meanwhile, Allstate’s active policies reached 212 million in the first quarter of 2026, reportedly reflecting growth in auto and homeowners…

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Mohammed Al Rowais to lead Lockton’s new reinsurance business in Saudi Arabia

Independent insurance broker Lockton has secured a reinsurance license in the Kingdom of Saudi Arabia, a move that marks the next stage of the company’s geographical expansion. Chris Brown, CEO of Lockton International, said: “This license strengthens our service and ensures we can meet the needs of our clients in Saudi Arabia and beyond when…

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Willis Re hires Richard Jones from Gallagher Re to lead Asia operations

Richard Jones will join Willis Re, the reinsurance advisory and brokerage joint venture between Bain Capital (BCIS) and WTW, in October 2026 from Gallagher Re and will lead the reinsurance brokerage’s Asia operations in Singapore, subject to all regulatory approvals being obtained. Jones is an experienced and respected practitioner in the region, bringing nearly four…

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ACORD report highlights profitability gap driven by digital execution among global insurers

ACORD, the international organization responsible for insurance data standards, has released the 2026 Insurance Data Standards Insurance digital maturity research Assess how digital capabilities translate into business performance across industries. The analysis covered 210 of the world’s largest insurance companies across property and casualty, life and reinsurance businesses and found that only 7% of companies…

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Data and AI give MGAs a competitive edge, says Xceedance’s Lillywhite

In a recent interview with Reinsurance News, Gavin Lillywhite, senior vice president of business development at Xceedance, discussed how data analytics and generative artificial intelligence (GenAI) can enhance the managed general agent (MGA) business model. “There is much hype and hype around the potential of agent AI to transform the insurance and reinsurance industry. As…

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Fuse introduces Mark, AI submission scoring system for commercial insurance using live market intelligence

Fuse, an AI intelligence platform focused on commercial insurance, has launched Mark, a new solution designed to evaluate insurance submissions based on real-time market data. This follows the company’s recent launch of Watch, a commercial insurance real-time risk dashboard that maps active risk events across the U.S. in real time for brokers and underwriters, and…

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