Specialty MGA UK has bolstered its presence in Latin America with the appointment of Victor Navarro as Senior Vice President.

Credit rating agency AM Best has updated its outlook for the US excess and surplus (E&S) lines insurance market from positive to stable, reflecting slower premium growth and the beginning of rate softening.

Insurance industry supports EU taxonomy law but believes changes are needed to fulfil its green potential, at the same time, it has raised concerns regarding the current reporting demands for underwriting and investment.

Fitch Ratings, a global credit ratings agency, has appointed Harish Gohil as the new Global Group Head of Insurance, effective August 1.

QBE Re, the reinsurance arm of QBE Insurance Group, has announced the promotion of Amanda Lupkin to the position of Vice President (VP) and Head of the North America Health Practice.

The DICK’s Sporting Goods Open, PGA TOUR Champions Event received rain from June 21–June 23, triggering their parametric rainfall insurance policy with Vortex Weather Insurance, the data driven weather risk insurtech, which resulted in the tournament operator Broome County Community Charities, Inc., (BCCC) receiving payouts that helped with lost revenue and other weather-related expenses.