Arch Insurance EU and Arch UK Name Executives
: Arch Insurance named Jose Carlos Jiménez Fernández as head of cyber for Europe, and Rafael Ortiz Losada as head of cyber for Iberia, at Arch Insurance European Union dac, effective immediately.
In his new role, Jiménez Fe...
Date: April 10, 2026
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Aviva Considers Rebrand for Lloyd's Underwriter Probitas
: Aviva plc is considering a rebrand for its Probitas Lloyd's underwriter as it seeks to unify it global corporate and specialty business.
"Our intention following the acquisition of Probitas has always been to create a uni...
Date: April 10, 2026
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Axa XL Names Head of Motor Underwriting, UK and Lloyd's
: Axa XL appointed Poonam Jivram as head of motor underwriting, United Kingdom and Lloyd’s.
Jivram will be responsible for developing and executing the strategic underwriting direction for the United Kingdom and Lloyd’s, mo...
Date: April 10, 2026
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Best’s Special Report: Analysis Shows Drastic Shift in Life Insurance Reserves Toward Annuity Products, and a Slide in Credit Quality
: A new AM Best analysis reveals that funds held to back individual annuity policies now account for over 36% of the U.S. life/annuity insurance segment’s overall reserves, which is up from 32% prior to the financial crisis of ...
Date: April 10, 2026
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Daiichi Life to Reinsure Whole Life Block With Prismic Life Subsidiary
: Prismic Life Holding Co. LP said subsidiary Prismic Life Reinsurance International Ltd. has reached a deal with Daiichi Life Insurance Co. Ltd. to reinsure a yen-denominated in-force block of whole life and annuity policies.
...
Date: April 9, 2026
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Capacity Available But Aviation, Marine Markets Cautious About Iran Ceasefire
: Marine and aviation insurance participants say a recent two-week ceasefire in the U.S.-Israeli war against Iran is welcome news as coverage remains available, but the situation remains fluid day-to-day, and events could chang...
Date: April 9, 2026
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Mapfre Re Appoints Successor to Retiring CFO
: The Board of Directors of Mapfre Re approved the appointment of Fernando Utrilla Agüero to succeed Daniel Quermia as chief financial officer.
Quermia has announced his retirement.
Utrilla joined Mapfre RE in May 1994, ...
Date: April 9, 2026
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Zurich Enters Polish Commercial Lines Market
: Zurich Insurance Group's Austria unit is expanding with the establishment of a branch in Poland as it enters the country's corporate insurance business.
Zurich Austria said in a statement the company will look to serve bo...
Date: April 9, 2026
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Perils Raises Loss Estimate to $559.1 Million for UK Storm Goretti
: Perils AG raised the insured loss estimate for European windstorm Goretti to €479 million ($559.1 million) from €467 million.
This is the second loss estimate for Goretti, also known as Elli, the catastrophe insurance dat...
Date: April 9, 2026
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AM Best Affirms Credit Ratings of Coralisle Group Ltd.’s Subsidiaries
: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health and property/casualty subsidiaries of Coralisle Group Ltd...
Date: April 9, 2026
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AM Best Maintains Under Review With Positive Implications Status for The Fortegra Group, Inc.’s Insurance Subsidiaries
: AM Best has maintained the under review with positive implications status for the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of the operating...
Date: April 9, 2026
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Best's Briefing: European MGAs Branch Out as Landscape Changes
: European managing general agents have shifted in recent years beyond offering just a single line of business as they've become a more crucial part of the insurance market, said Tim Lamm chief commercial officer of Wecoya Unde...
Date: April 8, 2026
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AM Best Director: Financial Markets Are Likely to Remain Volatile as Middle East Conflicts Persist
: Ann Modica, director, AM Best, explores the potential spillover effects for the global economy, how it might impact monetary policy decisions, and which countries and regions are most vulnerable to these effects.
Followin...
Date: April 8, 2026
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Marsh Raises Cyber Echo Facility Limit to $200 Million
: Marsh Risk raised the limit of its Cyber Echo insurance facility to $200 million as part of an annual features update.
Cyber Echo now offers all clients a free coverage reinstatement option and a paid second reinstatement...
Date: April 8, 2026
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AM Best Affirms Credit Ratings of FAIR Oil & Energy Insurance Syndicate
: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of FAIR Oil & Energy Insurance Syndicate (the Syndicate) (Bahrain). The outlook of these Credit Ratings (...
Date: April 8, 2026
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AM Best Assigns Credit Ratings to Sociedad de Seguros Mutuos Marítimos de Vigo, Mutualidad de Seguros y Reaseguros a Prima Fija
: AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Sociedad de Seguros Mutuos Marítimos de Vigo, Mutualidad de Seguros y Reaseguros a Prima Fija (Mutua de Vi...
Date: April 8, 2026
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Rokstone Dubai Launches International Casualty Binder in Middle East Expansion
: Rokstone, a specialty (re)insurance managing general agent, said it has launched a new international casualty binder from its Dubai office in a move that will expand its footprint in the Middle East.
The binder is now liv...
Date: April 7, 2026
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Liberty Specialty Markets Appoints Divisional Director, Delegated Authority Practice
: Liberty Specialty Markets, part of Liberty Mutual Insurance Group, appointed Winsee Cheung to divisional director, delegated authority practice.
In her new role, Cheung will be responsible for the effective running of th...
Date: April 7, 2026
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Axa UK & Ireland Appoints Lloyds Banking Group Exec as General Counsel
: Axa UK & Ireland appointed Caroline Riddy to succeed Emily Coupland as general counsel.
Coupland left in December 2025 after 24 years working across Axa’s various U.K. entities.
Riddy has more than 20 years of legal and...
Date: April 6, 2026
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US Doubles Gulf Reinsurance Cover to $40 Billion, Names Underwriting Partners
: The U.S. government is doubling its Middle East shipping reinsurance program to $40 billion and named six underwriters in addition to lead insurer Chubb Corp. to back the facility.
The government of India also recently an...
Date: April 6, 2026
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