U.S. Treasury and insurance regulators discuss evolving risk oversight
Members of the National Association of Insurance Commissioners (NAIC) have met with U.S. Treasury Secretary, Scott Bessent, to discuss the growing intersection of private credit and the insurance sector. This meeting provided a forum for state insurance regulators to share…
ROE for US P&C insurers reached decade high level in 2025: AM Best
A new AM Best report has revealed that the return-on-equity for U.S. property & casualty (P&C) insurers reached a decade high level of 14.97% in 2025, while the cost of equity held relatively steady at 8.18%. Despite early-year challenges for…
Assurex Global appoints Troy Johnson as SVP for global growth strategy
Assurex Global, a privately owned commercial insurance, risk management and employee benefits brokerage group, has announced the appointment of Troy Johnson as Senior Vice President, Global Growth Strategy. The company stated that the role will centre on strengthening multinational revenue…
A diversified portfolio is key to navigating a softening cycle: Hamilton Re’s Daws
As the reinsurance industry approaches the mid-year 2026 renewal season, Adrian Daws, CEO of Hamilton Re, the Bermuda-based underwriting platform of global specialty insurer and reinsurer Hamilton, remains optimistic about its growth opportunities, even as the market navigates transitioning conditions….
Munich Re CFO confident on handling potential claims inflation from Iran war
After Munich Re, one of the world’s largest reinsurance companies, revealed IBNR reserves of €90 million related to the ongoing conflict in Iran, the company’s CFO, Andrew Buchanan, described the figure as cautious as he highlighted Munich Re’s three lines…
OnRe names TFP’s Ben Fortune as CUO
OnRe, a licensed collateralised reinsurer and on-chain asset manager, has appointed Ben Fortune as its new Chief Underwriting Officer (CUO). He is expected to join the firm in Bermuda, subject to immigration approval. Most recently, Fortune served as the CUO…
Economic policy risks eclipse conflict concerns in WTW’s latest survey
Willis, a WTW business, has released its 2026 Political Risk Survey, highlighting that risks driven by economic policy continue to outweigh those stemming from international conflict, despite the survey being issued as conflict in the Middle East escalated. According to…
Gallagher Re appoints Russell Hails as Executive Director, Head of MGA Solutions, APAC
Gallagher Re, a global reinsurance broker and risk advisory firm, has announced the appointment of Russell Hails as Executive Director, Head of MGA Solutions, APAC. Hails joined Gallagher Re last year with a mandate to rebuild its MGA proposition in…
K2 Insurance Services completes acquisition of Oculus Underwriters
K2 Insurance Services, a specialty insurance firm focused on building and supporting niche insurance programmes, has confirmed the acquisition of Oculus Underwriters. As part of the deal, Oculus Underwriters will become part of Vikco Insurance Services, operating under the established…
Swiss Re appoints Trent Thomson as Head of Global Specialty
Global reinsurer Swiss Re has announced the appointment of Trent Thomson as Head of Global Specialty, effective 1st July 2026. Thomson will succeed Anne Lohbeck and will be based in London. Currently serving as CEO Australia & New Zealand at…