All News articles – Page 8
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NewsDWIC Connect 2026: GCC infrastructure pipeline to fuel MEASA insurance growth
DWIC 2026’s on stage sessions closed with a panel to discuss regional commercial re/insurance opportunities across the Middle East, Africa, South Asia (MEASA), with construction and infrastructure projects a major focus for the Gulf as it rebuilds following this year’s conflict
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NewsPrice Forbes appoints Chris Harris to lead US casualty
Price Forbes has announced Chris Harris as a new managing director and head of US casualty, effective immediately. In his new role at the broker, Harris will lead and manage its US casualty team, responsible for setting strategic direction and driving growth. He joins from broking ...
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NewsDWIC Connect 2026: Middle East energy buyers rethink cover after conflict disruption
Energy clients across the Middle East are reassessing political violence, business interruption and contingency planning after regional conflict exposed the limits of traditional physical damage cover, a DWIC Connect Istanbul panel heard.
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NewsDWIC Connect 2026: Türkiye targets $50bn premium by 2030
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
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NewsRecord capital tests reinsurer discipline as softening goes on: AM Best
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
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NewsAugment Risk appoints Cripps group head of growth and broking
Cripps takes on newly created role while continuing to lead the broker’s global parametric business during a transitional period
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NewsAI can help insurers break the cycle of soaring climate rates, says Lilypad innovation chief
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
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NewsAI attracts 99% of capital, as insurtech funding hits four-year high, says Gallagher Re
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
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NewsArch names Barrett deputy active underwriter for Syndicate 2012
Barrett expands his London Market leadership responsibilities while retaining oversight of Arch’s cyber and healthcare portfolios
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NewsEverest agrees sale of Mexico insurance business to Fairfax
Transaction forms part of Everest’s planned exit from its remaining commercial retail insurance operations
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NewsDive In must leave a lasting legacy, says CFC’s Line
Nick Line, chief underwriting officer at CFC and chair of Dive In 2026, says the festival has transformed the London market’s culture, but its unspecified successor should sustain momentum on progression, leadership and inclusion in an AI-driven workplace
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NewsHDI highlights four priorities for European data centre resilience
Micro-location risks, resource constraints, construction standards and operational preparedness will shape data centre exposure to natural catastrophes and climate change
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NewsSand and snow: Shared financial risk across climate extremes
An op-ed partnership by Brendan Plessis, executive vice president, Sukoon insurance, with Cristiano Zazzara, adjuct professor of finance, NYU Stern School of Business, and Professor Paolo Taticchi, UCL Centre for Sustainable Business
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NewsLockton Re completes first hybrid property cat and cyber ILW
Transaction combines property catastrophe and cyber triggers within a single limit structure as broker targets growth in hybrid risk transfer solutions
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NewsGallagher Re appoints Morement to lead APAC fac broking
Singapore-based executive joins from Guy Carpenter to take on newly created regional managing director role
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NewsMiller completes Shields acquisition ahead of Dubai reinsurance broking launch
Shields Miller will combine the firms’ reinsurance broking capabilities under a unified brand as Miller expands its treaty offering and presence across the MENA region
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NewsVerisk puts Kumamoto earthquake insured losses at up to $2.1bn
Howden Re commented saying it expects losses to remain well below the 2016 Kumamoto earthquake, although the extent of business interruption will depend on restart timelines at semiconductor facilities
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NewsSoft pricing is masking rising credit risk, warns Allianz Trade’s Murrow
Sarah Murrow, president and CEO of Allianz Trade Americas, told GR that trade credit insurance pricing is competitive but insolvencies are rising as supply chain risks become more complex
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NewsLSM adds to risk engineering team with London & Dubai hires
Mundy and Chowdhury join in London, while McLachlan will support the insurer’s construction portfolio from Dubai
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NewsAM Best keeps stable outlook for GCC insurance markets
Strong capitalisation and 2025 performance should help regional insurers withstand geopolitical pressures, although prolonged conflict and changing reinsurance conditions present material risks
