Generali and the World Bank Group (WBG) have signed a Memorandum of Understanding during the Annual Meetings of the WBG and the International Monetary Fund in Bangkok, built on a shared commitment to mobilise private capital, strengthen resilience, and expand targeted insurance and investment solutions across emerging markets. The collaboration aims to advance emerging markets […]
Howden has appointed Elliot Richardson to the newly created role of group chief commercial officer, putting him in charge of a new commercial strategy designed to make fuller use of the broking, reinsurance, underwriting, and employee benefits businesses the group has built.
FWD has announced plans to acquire a 25% stake in Bolttech Insurance (Hong Kong) for a base consideration of $20.72m (HK$161.62m), subject to closing adjustment. Bolttech Insurance (Hong Kong) is currently a wholly owned subsidiary of Bolttech Discovery Holdings, which is ultimately owned by bolttech Holdings. Its principal business is the underwriting of general insurance […]
SageSure, a managing general underwriter, has made an investment in insurance-linked securities fund manager Pillar Capital Management, which has over $4bn of institutional assets under management. SageSure’s existing debt facility with long-standing capital partner Ares Management was expanded to support the investment. The investment adds Pillar’s reinsurance risk underwriting capabilities and institutional investor relationships to […]
Pen Underwriting, Arthur J. Gallagher’s specialist underwriting subsidiary, has acquired Wexford-based Ornella Underwriting for an undisclosed sum, bringing its combined Irish gross written premium to around €140m and giving its broker partners access to a wider range of risks through one managing general agent. Ornella, established in 2012 and regulated by the Central Bank of […]
Jensten Group has announced the appointment of Clive Buesnel as group chief executive officer, effective 2 November 2026, and subject to regulatory approval. Buesnel will succeed Rob Organ, who has led Jensten since 2021, when he joined as chief executive officer from Tasker Insurance Group. Buesnel joins from Advisory Partners, where he is managing partner, […]
