All Posts

West of England P&I Club names Alexis Wildman as Head of Products

Reinsurance News

West of England P&I Club has appointed Alexis Wildman as Head of Products, succeeding Richard Turner, who will retire later this year following a structured handover period. In her new role, Wildman will report to Bart Mertens, the Chief Under...

Posted: Feb 26, 2026

Gallagher Re appoints Roshan Perera as Head of APAC, Richard Jones as Chairman

Reinsurance News

Global reinsurance broker Gallagher Re has appointed Roshan Perera as Managing Director, Head of the Asia Pacific (APAC) region, and Richard Jones as Chairman, APAC. Perera has over 25 years of industry experience across the APAC region. Most rece...

Posted: Feb 26, 2026

Mackay succeeds Adamczyk as HDI’s Global Head of Energy & Power

Reinsurance News

HDI Global, a commercial and specialty lines insurer, has announced the appointment of Mark Mackay as Global Head of Energy & Power, effective 1 March. Mackay will be succeeding Franz Adamczyk, who is stepping back from the role after decades...

Posted: Feb 26, 2026

Improved underwriting results in 2025 set stage for Fidelis’ Pelagos rebrand

Reinsurance News

Alongside its full-year 2025 results, which included underwriting income of $117.2 million and a combined ratio of 94.8%, Fidelis Insurance Group has announced its intention to change its name to Pelagos Insurance Capital Limited. Fidelis explaine...

Posted: Feb 26, 2026

T. Rowe Among Signatories to Resurrected Net Zero Alliance

Insurance Journal

A net zero alliance for asset managers has resurrected itself after shelving its work last year amid a wave of US defections. The Net Zero Asset Managers initiative now has more than 250 signatories, including Aberdeen Investments and Amundi SA, &#82...

Posted: Feb 26, 2026

PERILS places first industry loss estimate from Victoria Bushfires at AU$786m

Reinsurance News

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Victoria Bushfires, which took place from 7 to 13 January 2026 at AU$786 million. The PERILS estimate of the insurance ma...

Posted: Feb 26, 2026

AXA XL Reinsurance premiums grow 8% for FY’25

Reinsurance News

The reinsurance arm of French insurer AXA’s property, casualty and specialty risk division, AXA XL Reinsurance, reported on a comparable basis an 8% year-on-year increase in gross written premiums (GWP) and other revenues to €2.6 billion for the f...

Posted: Feb 26, 2026

Blue Marble makes ‘largest ever’ parametric payout to smallholder farmers in Indonesia

Reinsurance News

Blue Marble, a firm that provides insurance protection for underserved communities, has reportedly made the largest parametric insurance payout ever recorded to smallholder farmers in Indonesia, with all 2,719 farmers enrolled in the program recei...

Posted: Feb 26, 2026

Munich Re’s net result exceeds target in 2025 at over €6.1bn

Reinsurance News

Global reinsurer Munich Re’s net result came in above target at €6.121 billion for the 2025 financial year, with a contribution of €5.204 billion from the reinsurance business following a strong performance in property and casualty (P&C)...

Posted: Feb 26, 2026

Berkshire (BHSI) elevates three leaders within property division

Reinsurance News

Berkshire Hathaway Specialty Insurance (BHSI), an insurer offering commercial property, casualty, and specialty coverage, has announced key promotions across its property leadership team. Ryan Abelli and Chris Lemoine have been named Co-Heads of W...

Posted: Feb 26, 2026

AM Best revises Mercury and its subsidiaries’ outlooks to stable from negative

Reinsurance News

AM Best has revised the outlooks to stable from negative and affirmed the credit ratings for the members of Mercury Casualty Group (Mercury), based on Mercury’s net ultimate losses and reinsurance recoveries following the January 2025 California w...

Posted: Feb 26, 2026

Majority of Companies Worldwide See AI Benefits; Coverage Vague: Survey

Insurance Journal

A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annua...

Posted: Feb 26, 2026

Majority of Companies Worldwide See AI Benefits; Coverage Vague

Insurance Journal

A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annua...

Posted: Feb 26, 2026

L’Oreal, Dyson, Bausch + Lomb Become Latest to Sue for Trump Tariff Refunds

Insurance Journal

French beauty group L’Oreal, British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb became the latest corporations to sue for refunds of tariffs paid under President Donald Trump’s emergency trade measures, days after the...

Posted: Feb 26, 2026

Florida Cabinet Approves Land Transfer for New Rays Stadium in Tampa

Insurance Journal

The Florida Cabinet and Gov. Ron DeSantis agreed Tuesday to give Hillsborough College a 22-acre (49-hectare) plot of state land in Tampa to use for a proposed ballpark for the Rays. Last month, the Rays ownership entered a memorandum of …

Posted: Feb 26, 2026

People Moves: AEU Names Lake VP and Loss Control Director

Insurance Journal

The American Equity Underwriters, one of the largest providers of workers’ compensation insurance for waterfront employees, has named Jason Lake senior vice president and director of loss control. Lake will succeed Jimmy Burgin, who plans to re...

Posted: Feb 26, 2026

San Diego Approves $6M Settlement With Insurers for Flood Damage

Insurance Journal

The city of San Diego is paying $6 million to a group of insurers to compensate them for paying claims from floods in January 2024 floods. The city council granted final approval Tuesday to the settlement, part of a longer …

Posted: Feb 26, 2026

Cleaning Up Potomac River Sewer Spill Could Take Months

Insurance Journal

After a massive sewage spill in the Potomac River outside Washington, DC attracted the ire of President Donald Trump, federal officials are taking on a larger role in the disaster response — a job that could last months. The spill …

Posted: Feb 26, 2026

Judge Dismisses Ex-Commissioner’s Lawsuit Alleging ‘Systemic Corruption’ in NYPD

Insurance Journal

A federal judge has dismissed a lawsuit filed by New York City’s former interim police commissioner that accused the previous mayor, Eric Adams, and his top deputies of operating the New York Police Department (NYPD) as a “criminal enterp...

Posted: Feb 26, 2026

People Moves: Delos Insurance Promotes, Hires Leadership Team Members

Insurance Journal

Delos Insurance Solutions made several promotions and appointments within its leadership team Co-founder Shanna McIntyre will move from chief data officer to become chief strategy officer, and Andrew Notohamiprodjo was promoted from head of data to c...

Posted: Feb 26, 2026

PIC completes £60m buy-in to secure benefits for Bodycote UK Pension Scheme

Reinsurance News

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has completed a £60 million buy-in for Bodycote UK Pension Scheme, securing the benefits of all 680 Scheme members. Bodycote offers specialist therma...

Posted: Feb 26, 2026

Former California Insurance Agent Arraigned on Grand Theft And Embezzlement Charges

Insurance Journal

A former insurance agent has been charged with pocketing more than $100,000 of premiums. Andre De Gazon, 56, of Bellflower, was arraigned this week in Orange County Superior Court on multiple felony counts of grand theft and embezzlement after allege...

Posted: Feb 26, 2026

Canada’s Desjardins Scouts for Hires and Deals to Expand Wealth, Capital Markets

Insurance Journal

Quebec’s Desjardins Group wants to expand further in the rest of Canada, its top executive said, an ambition that means it needs to make deals and add staff in wealth management and capital markets. The financial co-operative is flush: it &#823...

Posted: Feb 26, 2026

Marsh Awarded Injunction Against Former Employees Now With Howden US

Insurance Journal

A federal judge this week granted Marsh its request to prohibit a group of employees who left for Howden US from using its confidential information, soliciting other former employees, and trying to acquire current and prospective Marsh clients. An op...

Posted: Feb 26, 2026

AXA XL adds AIG’s Carnazza as Head of Construction Property, Americas

Reinsurance News

AXA XL, the property, casualty and specialty risk division of AXA, has appointed Greg Carnazza as Head of Construction Property for the Americas region. In the new role, he is based in Atlanta, and reports to Jon Tellekamp, Chief Underwriting Offi...

Posted: Feb 26, 2026

AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard

Carrier Management

AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard Two d...

Posted: Feb 25, 2026

Openly Partners With claimtouch to Automate Valuation

IIR

The insurer integrates AI-driven technology to streamline personal property claims processing.

Posted: Feb 25, 2026

MAS Selects Duck Creek for Core Modernization

IIR

The New Zealand mutual adopts Duck Creek’s SaaS platform to support digital transformation of its general insurance business.

Posted: Feb 25, 2026

Dai-ichi to invest ¥17.4bn in Infomart

coverager

Dai-ichi Life is expected to hold about 15% of voting rights.

Posted: Feb 25, 2026

ADT acquires Origin AI for $170 million

coverager

Origin AI is an AI-based WiFi sensing technology.

Posted: Feb 25, 2026

Harper raises $47 million

coverager

Northwestern Mutual Future Ventures participated in the round.

Posted: Feb 25, 2026

Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses

Carrier Management

Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses Cyber attacks are no longer designed...

Posted: Feb 25, 2026

Commercial P/C Market Softest Since 2017, Says CIAB

Carrier Management

Commercial P/C Market Softest Since 2017, Says C...

Posted: Feb 25, 2026

Claims Automation Must Shift Priorities

Insurance Thought Leadership

Claims Automation Must Shift Priorities Claims

Posted: Feb 25, 2026

AI Patents Emerge as Competitive Weapon

Insurance Thought Leadership

AI Patents Emerge as Competitive Weapon AI & Machine Learning

Posted: Feb 25, 2026

Majority of Companies Worldwide See AI Benefits; Coverage Vague: Survey

Carrier Management

Majority of Companies Worldwide See AI Benefits; Cove...

Posted: Feb 25, 2026