FERMA Leaders: Unified Europe, Prevention-First Strategy to Close Climate-Risk Gap
: FERMA Chief Executive Officer Laurent Nihoul and President Philippe Cotelle spoke with AM Best TV at RIMS RISKWORLD in Philadelphia, outlining a vision centered on stronger cross-border collaboration.
Following is an edit...
Date: May 22, 2026
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Munich Re Names Next Chief Executive for Life/Health Asia-Pacific, Middle East, Africa
: Munich Re appointed Gavin Maistry to succeed Daniel Cossette as chief executive for life and health Asia-Pacific, Middle East and Africa.
Cossette will retire after 19 years with the company.
Maistry will assume his ne...
Date: May 22, 2026
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ABIR CEO: Catastrophe Losses, Capital Shifts Reshape Global Reinsurance Landscape
: John Huff, the chief executive officer of the Association of Bermuda Insurers and Reinsurers, discussed trends shaping the global reinsurance market, including catastrophe capacity, climate risk, alternative capital and Bermu...
Date: May 22, 2026
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MGA Rokstone Launches Cargo Stock-Only Program
: Specialty (re)insurance managing general agent Rokstone launched a cargo stock only program it said meets the needs of the current property and transit exposures.
Rokstone said in a statement the new program will be suppo...
Date: May 22, 2026
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Aegon Names Westfield Insurance Exec as New Chief Human Resources Officer
: Aegon appointed Jennifer Palmieri to succeed Holly Waters as chief human resources officer and member of Aegon’s executive committee, effective June 29.
Waters will retire as of June 1.
Palmieri has more than 25 years...
Date: May 22, 2026
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London Broker BPL Launches Trade Credit, Political Risk Reinsurance Division
: Commercial lines broker BPL launched BPL Re, a reinsurance division it said will provide specialist expertise and tailored solutions in credit, political risk and surety lines.
The launch is a strategic expansion into a s...
Date: May 22, 2026
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Canopius Launches Coverage for Cyber-Triggered Perishables Loss
: Canopius Group has launched coverage for cyber-triggered spoilage to protect businesses when a cyber incident renders perishable stock unsellable.
The cover bridges the gap between cyber and property exposures and address...
Date: May 22, 2026
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European Firm Orvia Underwriting Enters Dutch Market Aimed at High Net Worth Business
: Pan-European managing general agent platform Orvia Underwriting has entered the Dutch market, as it transitions to a scalable, international organization.
Orvia Underwriting said in a statement it will focus on specialist...
Date: May 21, 2026
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Markel Insurance Names Head of Fine Art and Specie
: Markel Insurance has appointed Danny O’Donoghue to head of fine art and specie, effective immediately.
O’Donoghue will be based in London and will be responsible for leading the strategic and sustainable expansion of the ...
Date: May 21, 2026
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Generali Exec Eyes Inflation as Portugal's Storm Kristin Exceeds Loss Budget
: Assicurazioni Generali S.p.A. is wary of inflation linked to rising oil prices but sees opportunities for property/casualty pricing while Portugal's Storm Kristin exceeded the group's first-quarter catastrophe budget, accordi...
Date: May 21, 2026
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AM Best Affirms Credit Ratings of Lumen Re Ltd.
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Lumen Re Ltd. (Lumen Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable.
The...
Date: May 21, 2026
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AM Best Affirms Credit Ratings of Dubai Insurance Company (PSC)
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Dubai Insurance Company (PSC) (DIN) (United Arab Emirates). The outlook of these Credit Ratings ...
Date: May 21, 2026
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AM Best Affirms Credit Ratings of United Kingdom Mutual War Risks Association Limited
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of United Kingdom Mutual War Risks Association Limited (UK War Risks or the Association) (United ...
Date: May 21, 2026
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AM Best Affirms Credit Ratings of Qatar Islamic Insurance Group Q.P.S.C.
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Qatar Islamic Insurance Group Q.P.S.C. (QIIG) (Qatar). The outlook of these Credit Ratings (ra...
Date: May 21, 2026
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Argenta Syndicate Management Hires Unit Head of Marine Reinsurance
: Argenta Syndicate Management Ltd. has hired Simon Saunders to succeed Stephen Haynes as unit head marine reinsurance, effective July.
Haynes will retire in January 2027.
Saunders will be responsible for underwriting Ar...
Date: May 20, 2026
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MS&AD Posts 13.8% Net Income Rise, Says Industry Must Respond to Dramatic Changes
: MS&AD Insurance Group Holdings Inc.'s fiscal year net attributable income increased 13.8% to ¥787.34 billion ($4.94 billion).
In light of societal, environmental and technological changes and risks, the company said the i...
Date: May 20, 2026
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HDI Global Posts First-Quarter Profit Hike on Investments, Lower Losses
: HDI Global AG posted higher first-quarter profit as the commercial and specialty insurer saw flat revenue and good investment income while reporting lower large losses.
First-quarter net income rose to €152 million ($176....
Date: May 20, 2026
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Axa XL Appoints Successor to Retiring Global CUO, Property
: Axa XL appointed Laurent Richème to succeed Juergen Cherreck as global chief underwriting officer, property.
Cherreck will retire in July after 21 years at the company.
Richème has more than 25 years of experience in t...
Date: May 20, 2026
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Bishop Street Promotes Exec to UK Underwriting Chief
: Bishop Street Underwriters, a RedBird Capital Partners portfolio company, promoted John Inwood to U.K. chief underwriting officer, subject to regulatory approval.
Inwood will oversee Bishop Street’s underwriting strategy...
Date: May 20, 2026
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AM Best Affirms Credit Ratings of Coface SA’s Main Operating Subsidiaries
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Compagnie française d’assurance pour le commerce extérieur (la Compagnie) (France), Coface Nor...
Date: May 20, 2026
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