Patrick (Paddy) Jago, Chairman of global reinsurance brokerage Gallagher Re, is set to retire at the end of 2026, concluding a 50-year career in the industry. During his time as Global Chairman, Jago served on the executive committee, working closely with the CEO to drive the firm’s strategic direction. He also led Global Sales and […]
European and US P&C markets heading towards “progressively softer” environment: Autonomous
The global insurance industry is heading towards a “progressively softer market environment,” with pricing momentum deteriorating across most European and US property and casualty (P&C) lines, according to a recent Autonomous report. While the report states that this is not yet a “full-blown soft cycle,” as only the UK & Ireland is in this state; […]
Elias Habayeb to succeed Mark Kociancic as Everest Group CFO
Bermuda-based insurer and reinsurer, Everest Group, has appointed Elias Habayeb as Executive Vice President (EVP) and Group Chief Financial Officer (CFO), effective on or around May 1st, 2026. He succeeds Mark Kociancic, who has decided to retire from the company after five years of service following the first quarter reporting cycle. He will remain with […]
Fitch upgrades MAPFRE’s credit rating on strong business performance, assigns stable outlook
Rating agency Fitch has upgraded the credit rating for Spanish insurance company MAPFRE, assigning an ‘A’ issuer rating, up from ‘A-’, with a stable outlook. Fitch attributed this credit rating decision to the company’s improved business performance and positive earnings forecasts. At the same time, the rating agency also raised MAPFRE Asistencia’s financial strength rating […]
HRP Syndicate 2689 at Lloyd’s announces key leadership appointments
HRP Syndicate 2689 at Lloyd’s, a specialist insurance syndicate known for providing underwriting solutions across diverse sectors, has named Giancarlo D’Alessandro as its new Active Underwriter. Additionally, Leah Rose has been appointed as syndicate CEO, taking responsibility for the overall management and strategic oversight of the business. Both appointments are subject to regulatory approval. D’Alessandro […]
MGA Augmented names Luke Overall as Head of Underwriting
Augmented, a tech-powered managing general agent (MGA) launched in July 2025, has announced the appointment of Luke Overall as Head of Underwriting. In his new role, Overall will lead the underwriting team, working closely with brokers and carriers to build data-led portfolios that match capacity to risk. He will also leverage his over 15 years […]
Volt Underwriting enters ports and terminals market with TMK-led consortium
Volt Underwriting, a specialty Managing General Agent (MGA), has entered the Ports & Terminals insurance class under a binder led by Tokio Marine Kiln (TMK). The MGA will deploy an initial line of $15 million in capacity, focused on underwriting a global portfolio covering both Property and Liability exposures for ports and terminal operators. Richard […]
Lloyd’s announces Council membership elections
Lloyd’s, the London-headquartered specialist insurance and reinsurance market, has announced a couple of updates to its Council membership: the re-election of Richard Dudley, and Duncan Dale’s election. These changes follow elections to fill two working member vacancies, and come as Andrew Brooks steps down after nine years as a working member on the Council of […]
Amiga Specialty secures multi-year, multi-product capacity with Accelerant Risk Exchange
Amiga Specialty, a Managing General Agent (MGA) focused on specialty insurance lines, has announced that it has secured multi-year, multi-product capacity through the Accelerant Risk Exchange. This agreement will support Amiga’s portfolio across Commercial D&O, Professional Indemnity, Financial Institutions, and Transactional Risks. The news comes just six months after the company’s launch, marking a major […]
Aviva’s General Insurance premiums rise 12% to £10bn in 9M’25
British insurer Aviva reported General Insurance premiums of £10 billion in the first nine months of 2025, up 12% from £9.1 billion in the same period a year earlier. By region, UK & Ireland General Insurance premiums increased 17% to £6.7 billion from £5.7 billion, with 24% growth in Personal Lines reflecting the acquisition of […]









