Generali CEO: European Wildfires Dominate $491.4 Million First-Half Catastrophe Bill
: Wildfires in Spain and France contributed to €425 million ($491.4 million) in first-half catastrophe losses for Assicurazioni Generali S.p.A. as its chief executive officer said €300 million of that was in July alone.
Des...
Date: August 7, 2026
|
Aon Appoints CEO for Indonesia
: Aon plc has appointed Stephen as chief executive officer for Indonesia, subject to regulatory approval. He will also join the Southeast Asia leadership team.
Based in Jakarta, Stephen will lead Aon's business in Indonesia...
Date: August 7, 2026
|
Munich Re CEO: Competition Crimps P/C Reinsurance Revenue
: Increased competition is fueling a slowdown in property/casualty reinsurance revenue for Munich Reinsurance Co. but the group sees growth in its global specialty, life/health reinsurance and Ergo primary segments as offsets t...
Date: August 7, 2026
|
Allianz Sees Second-Quarter Net Income Slip on Nonrecurring Disposals
: In the second quarter, Allianz SE saw shareholders’ net income decline 12.7% from the year prior to €2.6 billion ($3.01 billion) due to disposals and restructuring, the company said.
The company said it saw a disposal gai...
Date: August 7, 2026
|
UK Financial Regulator Simplifying IPO Information-Sharing Rules
: The United Kingdom Financial Conduct Authority said it is updating the rules for information sharing around initial public offerings after earlier rules did not always work as intended.
Overall, the new framework is inten...
Date: August 6, 2026
|
Zurich Insurance CEO: First-Half Growth Led by Commercial, Life
: Zurich Insurance Group Ltd. continues to see strong growth in its commercial lines segment as all segments reported income gains, said its chief executive officer.
The group is seeing growth momentum in its core areas, CE...
Date: August 6, 2026
|
Low Cat Losses Allow Swiss Re to Boost Reserve for Middle East Risks
: Swiss Re Ltd. had an unusually benign natural catastrophe loss experience in the first half and took advantage of that to add $500 million to reserves for long-tail risks including potential Middle East losses, its chief fina...
Date: August 6, 2026
|
AM Best Affirms Credit Ratings of Lloyd’s, Its Rated Subsidiaries and Society of Lloyd’s
: AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Lloyd’s (United Kingdom), Lloyd’s Insurance Company (China) Limited (Lloyd’s C...
Date: August 6, 2026
|
AM Best Affirms Credit Ratings of Egyptian Takaful Properties and Liabilities Insurance Company (Egyptian Joint Stock Company)
: AM Best has affirmed the Financial Strength Rating of B- (Fair), the Long-Term Issuer Credit Rating of “bb-” (Fair) and the Egypt National Scale Rating of aa+.EG (Superior) of Egyptian Takaful Properties and Liabilities Insur...
Date: August 6, 2026
|
Swiss Re Corporate Solutions Announces Mexico, India Partnerships
: Swiss Re Corporate Solutions said it will establish exclusive partnerships with Bajaj General Insurance in India and GNP Seguros in Mexico in an effort to provide insurance solutions to a rising number of large companies in t...
Date: August 6, 2026
|
Beazley Posts First-Half Profit Drop on Softening, Acquisition Costs
: Beazley plc posted sharply lower after-tax profit as the group incurred costs related to its pending acquisition by Zurich Insurance Group Ltd. while insurance revenue fell on market softening and lower investment income.
...
Date: August 5, 2026
|
Fidelis Partnership Hires Ascot Exec as Head of Underwriting, Property Binders
: The Fidelis Partnership has appointed Kevin Donovan as head of underwriting, property binders.
Donovan will lead the company's delegated authority property business, bringing with him a strong relationship network and d...
Date: August 5, 2026
|
AM Best Affirms Credit Ratings of Bosna Reosiguranje d.d. Sarajevo
: AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Bosna Reosiguranje d.d. Sarajevo (Bosna Re) (Bosnia and Herzegovina [BH]). The outlook of these Credit...
Date: August 5, 2026
|
Lloyd's Coverholder Kita Gets Strategic Investment From Tokio Marine
: Lloyd's coverholder Kita said it received a strategic investment from Tokio Marine Group as it deepened its partnership with the Tokyo-based group.
The investment, made through Tokio Marine & Nichido Fire Insurance Co. Lt...
Date: August 4, 2026
|
Markel Insurance Appoints Former Allianz Exec as Managing Director of Specialty For London Market
: Markel Insurance has appointed Doan Nguyen to succeed Tom Hillier as managing director, specialty for its London Market operation, effective immediately. Hillier was appointed chief underwriting officer for Markel Internation...
Date: August 4, 2026
|
Lockton Re Executes Property Catastrophe-Cyber ILS Deal
: Lockton Re executed what it said is believed to be the first industry loss warranty transaction combining property catastrophe and cyber triggers within a single limit structure.
"As the ILW market continues to evolve, we...
Date: August 4, 2026
|
Ageas to Sell Malaysia Joint Venture Stake for $1.27 Billion
: Ageas said it will sell its 30.95% stake in Malaysian nonlife insurance joint venture Maybank Ageas Holdings Berhad for about €1.1 billion ($1.27 billion) in cash, but the Brussels-based group said Asia remains a core market ...
Date: August 3, 2026
|
Gallagher CEO: Complex Data Center Insurance Needs Boost Second-Quarter Growth
: Construction, infrastructure, energy and data center activity boosted growth in the second quarter, according to Arthur J. Gallagher & Co. Chairman and Chief Executive Officer Pat Gallagher.
"These areas create new and mo...
Date: July 31, 2026
|
Aon: Tornadoes, Wildfires, Earthquake Likely Left Billions of Dollars of Losses Across Three Continents
: Tornadoes, wildfires and an earthquake likely left insurers with billions of dollars of losses across three continents, according to Aon.
In the United States, severe storms spun off tornadoes, including a devastating EF-...
Date: July 31, 2026
|
Axa Estimates Middle East Losses at $115.2 Million; European Wildfires Ongoing
: Axa SA boosted its first-half profit despite losses from wildfires in Europe and a €100 million ($115.2 million) hit from events in the Middle East.
The Middle East loss was in the group's Axa XL underwriting unit, which ...
Date: July 31, 2026
|