Latest news
Cedants gain ground in competitive 7/1 renewals, says Gallagher Re
Reinsurance broker’s July renewals briefing indicates a softening reinsurance market, although casualty pricing stayed largely flat.
Aon: Record reinsurance capital spurs competitive 1/7 renewals
Insurers buying protection at midyear renewals benefit from improved pricing, terms and conditions as global reinsurance capital exceeds $720bn, according to reinsurance broker Aon.
MAPFRE RE strengthens leadership team with finance, group business and chairman appointments
In addition to the two senior management appointments, José Manuel Inchausti will become chairman of the reinsurance arm of the Madrid-based insurer.
Managing the risks of energy expansion – McLarens
Loss adjusters are at the forefront of managing energy claims in high-risk geographies, writes Alistar Jacob, head of London international, McLarens
WTW report: Dealmakers expect M&A rebound
HR teams risk being left behind if dealmakers’ bullishness about a wave of merger activity comes to pass, according to a new study from Willis.
Howden Re launches in Saudi Arabia
Reinsurance broker opens its doors in Riyadh with a group CEO nod towards the re/insurance opportunities created by KSA’s Vision 2030 strategy.
Rising polarisation increases political risk, Willis report warns
Broker analysis links deepening divisions to growing violence and policy unpredictability in democracies across the globe.
Sathanart joins Price Forbes as Asia head of property
Broker’s new head of Asia property was most recently part of the leadership team at Direct Asia in Thailand.
Ascot names O’Hara deputy CUO for US financial lines
O’Hara joined Ascot in 2019 as senior vice president, cyber and professional liability
Ferris to lead Davies captives as Frost becomes chairman
Ferris joins from BMS where he was chief executive of capital and risk advisory.
Mosaic launches hybrid insurance product to support orphaned well remediation and climate goals
The hybrid pollution product within Mosaic’s environmental liability team combines elements of contractors pollution liability and control of well cover.
Aon report warns cyber reputation risks can wipe out over a quarter of shareholder value
Malware and ransomware attacks emerged as the most reputationally damaging, accounting for 60% of reputation risk events while making up only 45% of total cyber incidents analysed.
Aon gains Florida commission approval for updated hurricane catastrophe model
It follows approval of the re/insurance broker’s US flood model last November and forms part of the firm’s broader suite of solutions for real-time loss forecasting, accumulation scenarios and climate risk assessments.
Apollo appoints Portman to lead energy division and drive growth
Lloyd’s insurance firm and syndicate manager Apollo has named Steve Portman as head of energy, with effect from June 2025, as the firm looks to strengthen its energy portfolio and market position.
Insurers embrace AI for data ingestion, but lack of strategy risks slowing progress, hyperexponential warns
Shadow AI is on the rise among insurance employees, a study warns, with 90% of respondents reporting they use AI tools not formally introduced by their employer.
LSM reshapes underwriting leadership in UK and MENA with new divisional directors
Mike Burle (pictured) will lead a new specialty division and Meghan Walker has been named divisional director for marine and aviation, Liberty Specialty Markets has announced.
Insurance Charity urges sector to back awareness campaign and help colleagues in need
The Insurance Charity is encouraging those working in insurance to highlight its services to colleagues, particularly those with human resources, wellbeing, or line management responsibilities.
Ascot strengthens board with appointments of Brewer, Flanagan and Sewell
New directors bring aviation industry, academia, pensions and investment market experience to the Ascot board.
Line to join CFC as chief underwriting officer
Former Markel CUO set to take on senior role at cyber-focused insurer in 2026
WTW and University of Exeter enter new phase of windstorm risk research
European windstorm academic research expands with a new climate variability focus, the broker has announced, building on a 20-year partnership.
Compre appoints Bardon to new CUO role
Bermuda-based Compre’s new chief underwriting officer joins from Hudson Structured Capital Management.
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