The Turkish insurance market has the capital, distribution infrastructure and growth potential to withstand geopolitical and economic pressures as it targets $50bn of premiums by 2030, speakers told DWIC Connect Istanbul
Global reinsurance capital is projected to reach $705bn in 2026, and AM Best warned that growing competition and softening property catastrophe rates will test whether the underwriting discipline established since the 2023 market reset can endure
Cripps takes on newly created role while continuing to lead the broker’s global parametric business during a transitional period
AI-native insurers can use more granular data to improve risk selection, customise coverage and stabilise markets facing affordability pressures from hurricanes and climate-related perils, according to Lilypad’s Rajiv Matta
Gallagher Re figures recorded $2.44bn of global insurtech investment in the second quarter, driven by mega-rounds and growing interest in the infrastructure supporting AI
Barrett expands his London Market leadership responsibilities while retaining oversight of Arch’s cyber and healthcare portfolios
Transaction forms part of Everest’s planned exit from its remaining commercial retail insurance operations