Perils Issues Third Loss Estimate for Australia East Coast Storms in 2025 of $1.08 Billion
: Perils AG revised its insurance loss estimate to A$1.5 billion ($1.08 billion) in connection with severe convective storms on Australia's east coast last October.
The latest marked the third loss estimate Perils has relea...
Date: April 30, 2026
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Liberty Specialty Markets Appoints General Manager for France
: Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has named Gaëlle Gueneret as general manager for France.
Gueneret brings strong commercial insight and will be responsible for growing the French market f...
Date: April 30, 2026
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WTW Chief Executive: Growth Slows as Middle East Conflict Dampens Client Projects
: The Middle East conflict is a drag on business as clients postpone projects amid the economic and political uncertanties, WTW's chief executive officer said.
The broker had slower than expected first-quarter revenue growt...
Date: April 30, 2026
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UK Regulation Authority Reveals Details of Captive Regime Consultation
: The United Kingdom’s Prudential Regulation Authority said it is committed to consulting on a new captive regime this summer, work being propelled by a planned legislative push from His Majesty’s Treasury.
In July 2025, HM...
Date: April 30, 2026
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Lancashire CEO: Middle East Conflict Will Reshape War Risk Underwriting Approach
: Political violence clams are likely to exceed premiums related to the Middle East conflict, and underwriters will have to recalibrate their positions by early next year, as Lancashire Holdings Ltd. itself sees opportunities i...
Date: April 30, 2026
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Mapfre First-Quarter Net Income Rises 12.7%, Looks to Offset Softening Reinsurance Markets
: Mapfre first-quarter net income increased 12.7% to €310.9 million ($363.9 million) despite a 2.2% decline in written premiums.
Premiums for the company fell to $8.4 billion. At Mapfre Re, premiums decreased 7.9% to €2.19 ...
Date: April 30, 2026
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AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of IQUW Re Bermuda Limited
: AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a+” (Excellent) from “a-” (Excellent)...
Date: April 30, 2026
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Danish Trade Groups: State Must Bear Financial Burden From Supreme Court Workers’ Comp Ruling
: The Danish state and authorities must take responsibility for the financial fallout from a landmark Supreme Court decision that reduced the threshold for when a work injury is compensable.
On April 28, the Supreme Court r...
Date: April 29, 2026
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Talanx Expects First-Quarter Net Income Hike to $903.4 Million
: Talanx AG said its preliminary consolidated net income rose to €774 million ($903.4 million) from €604 million a year ago.
Insurance revenue is expected to be about €12.1 billion, down from €12.4 billion, the multiple-lin...
Date: April 29, 2026
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Zurich Insurance Appoints Head of International Construction
: Zurich Insurance Group appointed Patrick McBride as head of international construction, effective immediately.
He will relocate to London.
Since 2021, McBride has led the construction property team in the United States...
Date: April 29, 2026
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Renaissance Re First-Quarter Net Income Jumps on Lower Natural Cat Losses
: Renaissance Re Holdings Ltd. took advantage of low rates during the Jan. 1 renewals to "transition into a more competitive environment," which helped keep top-line property catastrophe rates stay relatively flat in the quarte...
Date: April 29, 2026
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AM Best: Expectations Are Increasing the ECB Will Raise Interest Rates at Least Once in 2026
: The European Central Bank April meeting is an opportunity to outline how the bank is thinking about inflation risk and may give some clues as to what to expect for interest rates going forward, said James Creedy-Smith, econom...
Date: April 29, 2026
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Arch Capital First-Quarter Net Income Surges on Lower Cat Losses
: Arch Capital Group Ltd.’s first quarter net income available to shareholders increased to $1.04 billion from $564 million a year earlier as the company's underwriting income rose on lower catastrophe losses.
Underwriting...
Date: April 28, 2026
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MGA Banyan Risk Appoints Veteran Insurance Exec as Executive Managing Director
: Banyan Risk Ltd., a specialty managing general agent based in Bermuda, appointed Dan Malloy as executive managing director, as the business enters its next phase of growth and continues to scale its underwriting platform.
...
Date: April 28, 2026
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Broker Miller Appoints Former Lockton Exec as Head of Claims
: Miller appointed Graham Wynes as head of claims, effective immediately.
Wynes will lead the broker's global claims function, with responsibility for ensuring the quality of client service delivery and technical excellenc...
Date: April 28, 2026
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Apollo Names Leader for Newly Launched Sports and Entertainment Business Class
: Apollo, a Skyward Group company, expanded its specialty insurance division with the launch of a sports and entertainment class of business, which will be led by Paul Thomas.
Thomas brings more than 20 years of expertise ...
Date: April 28, 2026
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Best's Market Segment Report: AM Best Maintains Stable Outlook on France's Life Insurance Segment Despite Global Economic Uncertainty, Increased Geopolitical Risks and Domestic Political Instability
: AM Best has maintained its stable outlook on France’s life insurance segment and expects the segment to report further growth in 2026, reflecting continued policyholder interest in the segment’s savings offerings tied to posi...
Date: April 28, 2026
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Canopius Launches Cyber War Coverage as Supplemental Protection
: Canopius Group said it launched cyber war coverage for businesses that protect against the escalating threat of cyber war.
The coverage offers protection against state-sponsored attacks carried out as part of a physical c...
Date: April 27, 2026
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Beazley Appoints Head of Marine
: Beazley has appointed Sundeep Khera as head of marine. In his new role, Khera will be part of the marine, accident and political risks team. He will lead the marine, energy, aviation and space teams, the company said.
Kh...
Date: April 27, 2026
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Best’s Special Report: AM Best Survey Finds Most Insurers Expect to Leverage AI Though Data, Security Challenges May Impede Fast Adoption
: An AM Best survey of carriers and managing general agents (MGAs) to gauge the impact of artificial intelligence (AI) on the insurance industry found that while nearly 60% of respondents expect AI to significantly transform th...
Date: April 27, 2026
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