BMS Group has announced the launch of BMS (DIFC), having secured the necessary licence and regulatory approval.
Half of the attendees at a Root Platform's Managing General Agents' Association (MGAA) market briefing, are still at the earliest stages of their digital/ and Application Programme Interface (API) transformation journey, according to the results of a live poll conducted at the briefing session.
Korean Reinsurance Company's (KRE) dominant market position will remain unchallenged over the medium term, despite its ongoing portfolio restructuring in the domestic market, according to AM Best.
Pacific Life Re has appointed Mr Soichiro Makimoto as Head of Japan Representative Office. In his new role, he will focus on enhancing Pacific Life Re's presence in Japan, bringing a deeper understanding of clients' needs to support the company's regional growth ambitions.
African reinsurer Continental Reinsurance Holdings has relocated to Botswana from Mauritius, the company has announced.
Global reinsurance giant Swiss Re and Abu Dhabi-headquartered AI-native reinsurance platform RIQ have teamed up to develop innovative capacity solutions, risk origination opportunities and AI-enabled capabilities across the UAE.
Germany-based insurer Munich Re has unveiled its new multi-year strategy, focusing on profit growth and higher shareholder participation, the company said in a press release on 11 December.
Miller has appointed Mr Paul Lineham as Head of Data. In his new role, he will work to further enhance the technological solutions Miller brings to its clients, as well as helping implement greater efficiencies and data-driven decision-making to support the firm's growth.
Global reinsurance giant Swiss Re has announced its targets for 2026, including a Group net income of $4.5bn, supported by an updated strategy. The Group also aims to complement the ordinary dividend with a sustainable annual share buyback programme, starting in 2026 at $500m.
The Australian Reinsurance Pool Corporation (ARPC) is implementing updated postcode allocations that determine terrorism insurance premium tiers, following the Terrorism and Cyclone Insurance (Premiums) Amendment (Postcode Update) Direction 2025.