White Mountains Insurance Group, Ltd. has announced the appointment of Liam Caffrey as Chief Executive Officer, effective January 1, 2026, succeeding current CEO Manning Rountree. Caffrey, who currently serves as President and Chief Financial Officer of White Mountains, will also be joining the company’s Board as he takes over the CEO role Rountree will retire […]
News
AM Best revises US health insurance segment outlook to negative
US health insurers have come under significant pressure due to increased utilisation and higher medical costs across the industry, prompting AM Best to revise its outlook on the segment to negative from stable. In its recent report, AM Best highlighted that the US health insurance industry is facing broad-based increases in medical expenditures. These are […]
Mun named Director, Client Management at Aon Reinsurance Malaysia
Lin Mun, an executive with over 21 years of extensive experience in the insurance and reinsurance industry, has been appointed as Director, Client Management of Aon Reinsurance Malaysia. With a deep understanding of the market and client needs, Mun will use her expertise, strong professional network and valuable industry insight to help clients make better […]
Healthy underwriting results & robust investment income support Asian reinsurers’ earnings: AM Best
Asian reinsurers are actively expanding to mature overseas markets to diversify their portfolios and improve cycle management, a move seen by credit rating agency AM Best as credit positive. According to a recent AM Best report, many reinsurers in Singapore and across South and Southeast Asia reported strong earnings in 2024, supported by healthy underwriting […]
ACORD launches NGDS Object Model to streamline digital data exchange
ACORD, the global standards-setting body for the insurance industry, has announced the launch of the Next-Generation Digital Standards (NGDS) Object Model, designed to streamline digital data exchange across the insurance industry. The NGDS Object Model enables smoother, more accurate, and more secure data exchange. It bridges the gap between distinct business capabilities and disparate data […]
Chariot Re appoints Reena Pally as Chief Investment Officer
Chariot Re, a newly established Bermuda-based life and annuity reinsurance company, has appointed Reena Pally as Chief Investment Officer, effective 1st September 2025. Chariot Re launched in 2025 with co-sponsorship from MetLife and General Atlantic. The two firms revealed that Chariot Re has an initial combined equity investment of over $1 billion, of which they […]
The Hartford hires Stojanovic as head of Enterprise Strategy
US-based insurer The Hartford has announced the appointment of Vladimir Stojanovic for the newly created role of head of Enterprise Strategy, effective 3 September. In his new role, Stojanovic will oversee trend analysis and competitive intelligence to identify emerging opportunities and disruptive forces shaping the industry. He will work with various teams across the company […]
American Integrity surpasses 15,000 policies in-force in South Carolina
American Integrity Insurance Group, a specialist residential property insurer, has surpassed 15,000 policies in-force in South Carolina, representing a major milestone in its Southeast growth strategy. This growth in South Carolina underscores the strength of American Integrity’s model, which was built for resilience and scalable performance. As of August 1st, 2025, total policies in-force have […]
Reinsurance broker Atrea Risk Solutions launches from the DIFC
A new, Dubai-based reinsurance broker, Atrea Risk Solutions DIFC Ltd, has chosen the Dubai International Financial Centre (DIFC) as its strategic base to serve clients across the Middle East, Africa, and Southern Asia (MEASA) region. Atrea Risk specialising in delivering tailored risk transfer and reinsurance solutions to insurers, captives, and corporate clients across global markets. […]
Viceroy becomes 15th insurer to enter Florida market following legislative reforms
Viceroy Preferred Insurance Company becomes the 15th property and casualty insurer to enter Florida’s market since the passage of the state’s impactful legislative reforms. Viceroy is domiciled in Florida and is now approved to write insurance in the state for homeowners’ multi-peril and dwelling fire. Chief Financial Officer Blaise Ingoglia said: “Florida’s insurance market continues […]