Fitch Ratings, a provider of credit ratings, commentary, and research, has highlighted in a new report that global insurers are facing rising regulatory costs driven by structural changes in the life insurance sector, climate change, and the growing role of … [Read More...] about Global insurers face rising regulatory costs due to climate change and AI challenges, Fitch says

Commercial insurance rates across the US continued to rise in the first quarter of 2025, with the composite rate increasing to 3%, according to a recent analysis by MarketScout. Richard Kerr, CEO of Novatae Risk Group, observed, “Umbrella and excess liability, … [Read More...] about US commercial insurance composite rates up 3% in Q1: MarketScout

Anne Hoffmans has been promoted to Executive Vice President of Program Underwriting at AM Specialty Insurance Company. Hoffmans has been part of ASIC since 2023, when she joined the company as SVP, Program Underwriting. “From developing robust economic models … [Read More...] about ASIC promotes Hoffmans to EVP of Program Underwriting

PwC has announced the appointment of Hugh Man as a Partner in its Corporate Finance team, based in the company’s London office. In his new role, Man will focus on M&A and capital raising in the insurance sector, further strengthening PwC’s established … [Read More...] about PwC appoints Hugh Man as Partner in Corporate Finance team

Markel, the insurance arm of Markel Group Inc., has announced the appointment of Erik Johnson as Head of Technical Underwriting and Oversight, effective immediately. In this newly created position, Johnson will lead the International Technical Underwriting … [Read More...] about Markel appoints Erik Johnson as Head of Technical Underwriting and Oversight