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Fidelis Insurance Holdings, a strategic capital allocator and risk selector in the specialty insurance and reinsurance sector, has entered into a definitive agreement to repurchase all remaining ordinary shares held by CVC Falcon Holdings Limited (CVC) for an aggregate purchase price of US$163,346,230.00. According to the announcement, Fidelis agreed to repurchase 8,597,170 shares of common…
HIVE Underwriters, an independent specialist MGA, has expanded into the political violence and terrorism (PVT) insurance market with the hiring of Stuart Harmer as PVT collective underwriter. The move marks another step in HIVE’s evolution into a multi-category specialist MGA, strengthening its knowledge-led underwriting proposition. PVT’s expansion will be based on advanced technologies. HIVE accelerates…
Algorithmic Lloyd’s digital attention platform Ki delivered record results for the full year 2025, with profit after tax rising 50% to $110.4 million, compared with $73.6 million in the 2024 financial year. Ki’s gross managed premium (GMP) for FY25 reached US$1.11 billion, an increase of 6.9% from US$1.04 billion in FY24. Of this amount, $905.5…
Munich Re (Munich Re), a global reinsurance and risk management company headquartered in Germany, announced that Leonie Schubert will serve as global head of capital partners, effective March 1, 2026. From March to June 2026, Schubert will co-lead the Capital Partners division with retiring August Proebstl. Interim co-leadership arrangements are designed to provide continuity and…
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…