P&C Insurance

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, 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, 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 […]

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 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 […]

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 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 […]

David Flandro, Managing Director, Head of Industry Analysis and Strategic Advisory at reinsurance broker Howden Re, has said that “if it wasn’t obvious already, we are now firmly in the hard market softening phase of the rating cycle,” as he emphasises the need for exposure growth to be “undertaken intelligently.” Flandro’s comments come alongside the […]

Insurance broker and risk advisor Marsh, a Marsh McLennan business, has announced the appointments of Brian Glod as Global Head of Aviation and Space and Tony Ambrose as Global Chairman of Aviation and Space, effective September 1. Based in New York, Glod will join Marsh’s Global Specialty Executive Committee and report to Andrew George, President […]

The Asian Development Bank (ADB), the United Nations Capital Development Fund (UNCDF), and the UN Development Programme (UNDP) have partnered to develop parametric insurance solutions for extreme weather for micro, small, and medium-sized enterprises (MSMEs) in Fiji. The Asia-Pacific Climate Finance Fund (ACliFF), a multi-donor trust fund established in April 2017, will support the initiative […]