Howden, a global insurance intermediary group, has entered the Japanese market with the launch of Howden Re Japan, and also announced a new insurance-linked securities (ILS) partnership with Keystone ILS Capital, a boutique consultancy focused on catalysing more active use of ILS in Japan.

In a decisive move concluding a year marked by robust growth, Ardonagh Advisory has confirmed the acquisition of Westfield Brokers Ltd, operating under the name Westfield Insurance.

Zurich Insurance Group, in collaboration with the University of St. Gallen, is reimagining the future of insurance with its newly launched artificial intelligence (AI) Lab, Zurich AI Lab, aimed to accelerate industry transformation.

Analysts at Fitch Ratings highlighted how results for the US medical professional liability insurance (MPLI) market improved significantly in 2021, reversing a four-year trend of weakening performance, but still, however, generating a 108% combined ratio.

The Trustees of the Airways Pension Scheme have completed a £340 million longevity swap transaction with Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, and Zurich UK.

Hanwha Life, a South Korean life insurance company, has agreed to acquire a 75% stake in the parent of Velocity Clearing, an US-based global financial services firm.

Previsico, a provider of surface water flood forecasting, is introducing Instacasting, a next-generation flood mitigation solution.

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted James Boyle to the newly created role of Head of Energy, London, effective immediately.

Falvey Insurance Group has unveiled a commercial output insurance policy that bundles commercial property and inland marine coverage.

Swiss Re’s P&C Reinsurance business unit has announced the creation of a new Global Facultative (Fac) market unit, which will be led by Sanaa Souidi.