Analysts at Bank of America (BofA) have argued that the worsening loss experience for European reinsurers observed in recent years is indicative of widespread underwriting issues, rather than a structural problem for the industry at large.

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the appointment of Jamie Chambers as Chief Executive Officer (CEO) of Greater China, effective June 20, 2025.

David Loughran has been promoted to Chief Operating Officer (COO) of Praedicat, the liability emerging risk analytics company.

The International Association of Insurance Supervisors (IAIS) has adopted the global Insurance Capital Standard (ICS), aiming to promote a resilient insurance sector.

Willis, a WTW business, has integrated Moody’s detailed global flood data into its proprietary risk management tools, building upon its partnership with the company.

McGill and Partners, the independent specialty insurance and reinsurance broker, has been chosen by Warburg Pincus, a global private equity firm, to join its inaugural multi-asset continuation fund.

CyberCube, a provider of cyber risk analytics, has warned that organisations must prepare for the escalating risk of unplanned technology outage events, primarily driven by a rise in cloud service provider outages and an increased frequency of industry-wide Single Point of Failure (SPoF) events.

Reinsurance broker Chedid Re has announced two new appointments within its Facultative Division, Patricia Atallah as Senior Director of the firm’s Property portfolio and Jalal Tabaja as Senior Director of Energy, Marine & Specie.

Sapiens International Corporation, an intelligent insurance SaaS-based software solutions company, has announced a new partnership with Linqura, a provider of sales and underwriting intelligence solutions for the commercial insurance industry.