Chubb to Lead $20 Billion US Gulf Marine Reinsurance Program
: The U.S. International Development Finance Corp. said it chose Chubb Ltd. as lead partner for its $20 billion maritime reinsurance plan designed to resume commercial shipping in the Persian Gulf.
Chubb will act as the lea...
Date: March 11, 2026
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Bank of England Fines Aviva Unit $14.2 Million for Solvency Error
: A U.K. regulator fined an Aviva plc unit £10.6 million ($14.2 million) for miscalculations that overstated its solvency, in the first such case that allowed the company a 50% reduction in its fine for promptly reporting the e...
Date: March 11, 2026
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Marsh Risk Appoints President and CEO
: Marsh appointed Nick Studer to succeed Martin South as president and chief executive officer of Marsh Risk.
South will take on an enterprise-wide role as chief client officer of Marsh and work closely with the leaders of...
Date: March 11, 2026
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Markel Appoints Head of Portfolio Analytics, US and Bermuda
: Markel, the insurance operations within Markel Group Inc., is appointing Kristen Dardia as head of portfolio analytics, U.S. and Bermuda.
In her new role, Dardia will lead Markel's advanced analytics, technical pricing, ...
Date: March 11, 2026
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Axa XL Appoints Chief Technology and Artificial Intelligence Officer
: Axa XL appointed Leyla Delic as chief technology and artificial intelligence officer.
Delic has more than 20 years of experience in technology. Over the course of her career, she has held several leadership roles, includ...
Date: March 11, 2026
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Canopius Sees Increased Competition as 2025 Profit Rises
: Canopius Group Ltd. posted a higher 2025 net profit on lower catastrophe losses as the Lloyd's underwriter said it sees increasing competition and lower rates in a number of lines and geographies.
Profit after tax for 202...
Date: March 11, 2026
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Beazley to Acquire US Renewable Energy MGA kWh Analytics
: Specialty insurer Beazley plc said it has reached an agreement to acquire kWh Analytics, a managing general agent in the United States focused on renewable energy.
Beazley said in a statement it sees the global energy tra...
Date: March 10, 2026
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US $20 Billion Reinsurance Plan Initially Targets Gulf Hull, Cargo Risks
: The U.S. International Development Finance Corp. agreed on a plan approved by President Trump to deploy up to $20 billion for maritime reinsurance, including war risk, in the Persian Gulf region.
The reinsurance facility...
Date: March 10, 2026
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Santam Raises 2025 Profit, Trims Specialty Premiums on Soft Rates
: Santam Ltd. posted a 10% rise in 2025 net income on improved underwriting margins in both personal and commercial lines as catastrophe losses moderated and international premiums rose 14%.
All businesses exceeded the prev...
Date: March 9, 2026
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Generali Sells Irish Property/Casualty Operations to Zurich for $389.6 Million
: Generali Group said it agreed to sell its Irish and Northern Irish property/casualty operations, to Zurich Insurance Europe AG and Zurich Insurance Co. Ltd.'s U.K. branch for €337 million ($389.6 million) in cash.
The ope...
Date: March 9, 2026
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Best’s Special Report: Catastrophe Bond Market Growth Accelerates as Loss Multipliers Compress
: A new AM Best report suggests that the insurance-linked securities (ILS) market will continue to grow in 2026, perhaps at a slower rate than last year with investors taking profits instead of redeploying capital in a softenin...
Date: March 9, 2026
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Aon Appoints Global Head of Analytics for Reinsurance Solutions
: Aon plc named George Attard as global head of analytics for reinsurance solutions, in addition to his role as chief strategy officer for reinsurance solutions.
In his expanded role, Attard will accelerate the development...
Date: March 6, 2026
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Athora Secures $4.05 Billion, Regulatory Approvals for Acquisition of Pension Insurance Corp.
: European savings and retirement business Athora Holding Ltd. said it secured €3.5 billion ($4.05 billion) in financial commitments from a range of investors, the majority of which will fund its acquisition of Pension Insuranc...
Date: March 6, 2026
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LMA: Vessels Worth $25 Billion Remain in Persian Gulf Area
: Insurance offers are being made for vessels seeking to transit the Strait of Hormuz around the Persian Gulf amid the Iran conflict and offers will continue to be available through the London marine war insurance market if shi...
Date: March 6, 2026
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IUMI: War Risk Cover Still Available for Middle East Shipping
: War risk coverage for the Persian Gulf and the Red Sea is available and will remain so under specific agreements on a single voyage basis as long as navigation is authorized by governments and flag states, according to the In...
Date: March 5, 2026
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Aviva Boosts 2025 Profit on Direct Line Acquisition, General Insurance Premium Growth
: Aviva plc sees room to grow in its general insurance business as it unlocked value from its recent Direct Line acquisition and benefited from growth and lower catastrophe losses, its chief executive officer said.
The grou...
Date: March 5, 2026
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Howden Hires Former Marsh Exec as Divisional CEO
: Global insurance broker Howden appointed Emily Almond as divisional chief executive officer and Sebastiano Doria as chair.
Both Almond and Doria will be responsible for establishing and managing how Howden serves the priv...
Date: March 5, 2026
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Markel Insurance Appoints Business Development and Distribution Lead, India
: Markel Insurance, the insurance operations within Markel Group, appointed Ravi Jain as business development and distribution lead, India, effective immediately.
Based in Mumbai, Jain will partner closely with brokers, and...
Date: March 5, 2026
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AM Best Affirms Credit Ratings of Linkage Assurance Plc
: AM Best has affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” (Marginal) of Linkage Assurance Plc (Linkage) (Nigeria). The outlook of these Credit Ratings (ratings) is sta...
Date: March 5, 2026
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Lancashire CEO Comfortable With Middle East Conflict Exposure
: Lancashire Holdings Ltd. is comfortable with its loss exposure related to the Middle East conflict and may see opportunities in the event's wake going forward, given its nimble approach to related lines, its chief executive o...
Date: March 5, 2026
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