Hong Kong Approves Two New Captive Insurers, Bringing Total to Nine
: Hong Kong's regulator approved two new captive insurers, bringing the domiciles captive total to nine companies.
The Insurance Authority approved HSH Captive Ltd., created by Hongkong and Shanghai Hotels Ltd., a luxury ho...
Date: July 9, 2026
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Perils Lowers Loss Estimate for European Storm Goretti to $534.9 Million
: Perils AG lowered its third loss estimate for European Windstorm Goretti to €468 million ($535.2 million).
The estimate for Goretti, also known as Elli, hit southwest England, northern France and Belgium on Jan. 8-9, the ...
Date: July 9, 2026
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Intact Reports Higher-Than-Expected 2Q Cat Losses of $293.3 Million
: Intact Financial Corp. reported elevated catastrophe and large losses for the second quarter as the combined total was C$416 million ($293.3 million), C$247 million above expectations.
The estimates were on a pretax basis...
Date: July 9, 2026
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Allianz Partners: AI-Aided Transition Will Impact Up to 1,800 Jobs
: Allianz Partners confirmed up to 1,800 jobs will be affected as it reconfigures its processes amid technological change.
Between 1,500 and 1,800 workers in Europe will be affected, in Europe, with about 80 to 100 of them ...
Date: July 8, 2026
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Aon Appoints Operations Chief for Reinsurance, UK and Ireland Team
: Aon announced a series of leadership appointments within its reinsurance United Kingdom and Ireland team, including Andrew Buckland as chief operating officer.
Charlie New was named as head of business strategy, Andrew La...
Date: July 8, 2026
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MGA Arrow Establishes Marine Insurance Practice, Appoints Underwriting Practice Leader
: Managing general agent Arrow Risk Management has established a marine insurance practice with the appointment of Wayne Krause as underwriting practice leader.
Krause has more than 30 years’ experience across underwriting ...
Date: July 8, 2026
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AM Best Affirms Credit Ratings of Orient Insurance PJSC and Its Main Subsidiaries, Orient Insurance Company - Egypt and Orient Takaful PJSC
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Orient Insurance PJSC (Orient) (United Arab Emirates) [UAE]. and its subsidiaries, Orient Insu...
Date: July 8, 2026
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Arch Insurance International Appoints Head of Digital Algorithms
: Arch Insurance International has appointed Fred Bisson as head of digital algorithms, effective immediately.
Bisson will be responsible for developing and overseeing algorithmic solutions that strengthen Arch’s digital tr...
Date: July 8, 2026
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Liberty Mutual Insurance Names Global Lines Leader for Global Transaction Solutions Business
: Liberty Mutual Insurance Group has appointed Gareth Rees to succeed Rowan Bamford as global lines leader for its global transaction solutions business.
Bamford has left the company to pursue other opportunities.
Rees w...
Date: July 8, 2026
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AM Best Affirms Credit Ratings of Accelerant Holdings’ Rated Subsidiaries
: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accelerant Insurance Europe SA (AIE) (Belgium), Accelerant Insurance UK Limited (AIUK) (Unite...
Date: July 8, 2026
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Aviva, Axis Launch Lloyd's Consortium for UK Renewable Energy
: Aviva plc and and Axis Capital Holdings Ltd. launched a Lloyd’s consortium they said will support new renewable energy projects and aid the United Kingdom's 2030 net zero ambitions.
The partnership will bring capacity to ...
Date: July 8, 2026
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Specialty MGA Nirvana to Acquire Ryan C&S Assets in Sweden
: Specialty managing general agent Nirvana said it will acquire certain assets of Ryan C&S in a move it said will provide insurance products to entities across Sweden.
Ryan C&S is a division of Ryan Specialty Nordics, Nivan...
Date: July 8, 2026
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AM Best Affirms Credit Ratings of Arundo Re
: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Arundo Re (France). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect...
Date: July 8, 2026
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CFC Hires Former Direct Line Executive as Group CEO
: Specialist insurance provider CFC hired Adam Winslow to succeed Louise O’Shea as group chief executive officer, effective summer of 2026.
Andy Holmes, group capacity director and a 23-year veteran of the business, will s...
Date: July 7, 2026
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MS Reinsurance Hires Former Swiss Re Executive as Underwriting Chief for North America
: MS Reinsurance has hired Lisa Butera as chief underwriting officer for North America and appointed Lucas Castagnino as CUO for Latin America and Caribbean.
Both appointments are effective Aug. 1, according to a company s...
Date: July 7, 2026
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QBE Appoints Head of Distribution for Europe
: QBE has promoted Queralt Vila to succeed Maths Stanser as head of distribution for Europe, effective Aug. 1.
Vila will also join both the market management executive and European management committee, according to a comp...
Date: July 7, 2026
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Markel International Names Director of Marine Transportation
: Markel Insurance, the insurance operation within Markel Group Inc., has appointed Grant Smith as director of marine transportation at Markel International.
Smith will lead the development of the new marine transportation ...
Date: July 7, 2026
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Resolution Life Enters UK Pension Risk Transfer Reinsurance Deal
: Resolution Life said it reached a pension risk transfer deal with "a leading U.K. insurer" to cover policies in the United Kingdom.
The deal was reached through the group's Bermuda reinsurance platform Resolution Re, the ...
Date: July 7, 2026
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Unum Subsidiary Enters Into $3.8 Billion Long-Term Care Reinsurance Deal With Fortitude Re
: Unum Group said a subsidiary has entered into a $3.8 billion reinsurance contract to cede closed block long-term care policies to Fortitude Reinsurance Co. Ltd. in the second deal between them in just over a year.
The dea...
Date: July 6, 2026
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Helvetia Completes Merger of Swiss Entities
: Helvetia Baloise Group completed the merger of its Swiss insurance companies following regulatory approval, a key step in the merger of the group's entities as it makes a joint launch.
The Swiss Financial Market Superviso...
Date: July 6, 2026
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