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Stephan Wirz, chief commercial officer and member of the management board of Prague-based reinsurer VIG Re, said the biggest challenge facing the reinsurance market is “maintaining the credibility of our industry” by the end of 2025 and proving to investors that “over time it can deliver returns commensurate with the risk.” In a recent interview…

DAC Beachcroft, an international law firm known for its work in the insurance, health, real estate and commercial risk sectors, reports that the 2026 timeline for PFAS-related claims and regulation could see significant developments. Their analysis points to increasing legal risks faced by manufacturers and increased pressure on global regulators to clarify compliance frameworks. DAC…

Chubb, a major US insurance company, announced the appointment of Chris Colahan as head of commercial property and casualty insurance for Asia Pacific, effective February 9, 2026. In this role, Colahan will oversee the strategy and performance of Chubb’s commercial property and casualty business in the Asia Pacific region, with overall responsibility for operations and…

Global insurance intermediary Howden Group has completed an equivalent refinancing of approximately US$3 billion and an increase in US dollar and euro term loan B facilities, with the transaction closing on December 11. The $1.6 billion Term Loan B Facility was refinanced, resulting in a 75 basis points reduction in margins over SOFR to 275…

Zurich-based catastrophe insurance data provider PERILS has provided the first insurance industry loss estimate for the severe convective storm (SCS) that hit Australia’s east coast in late October, putting it at A$1.108 billion (US$736 million). On October 29, the Insurance Council of Australia (ICA) declared the hail that affected the Brisbane region on October 26…

Reinsurance broker Lockton Re has launched a new European business focused on the life reinsurance market, appointing Paris-based Mederic Borde to lead the business. The new European life business strengthens the company’s presence in France and Europe, following the opening of a Paris office earlier this year. Borde joins Onepoint from a partner role and…

Independent research and investment advisory firm Evercore ISI reports that casualty reserves remain under pressure in the U.S. property and casualty (P&C) insurance market. Debt levels at companies such as CB, Berkshire, EG, SIGI and CINF continue to fluctuate, with long-tail liability losses only partially offset by short-tail releases. To better understand social inflation trends,…

Enterprise Risk Associates, a U.S.-based insurance brokerage platform focused on acquiring and partnering with independent insurance agencies, has announced an investment from Macquarie Capital Prime Finance, the financing and principal investment arm of Macquarie Capital. The financing facility provides up to $150 million in capital to support ERA’s acquisition-driven growth across multiple insurance distribution industries….

XPT Specialty, a wholesale broker of commercial and personal insurance, announced the appointment of Liam Sole as vice president/senior underwriter of its commercial insurance division. In his new role, Saul will focus on property and casualty risk, with an emphasis on supporting East Coast operations, particularly in New York. His areas of expertise include residential,…

According to a report by credit rating agency AM Best, the U.S. property and casualty (P&C) industry’s net underwriting income in the first nine months of 2025 was US$35 billion, a significant increase from US$3.7 billion in the same period in 2024. A special report from AM Best outlines the results, First Look: 9-Month 2025…