Effective 1 April, Marsh has appointed Mr Nick Studer as President and CEO of Marsh Risk, and Mr Martin South as Chief Client Officer of Marsh. Both will serve on the company's Executive Committee.
The Fidelis Partnership (TFP) has announced a number of promotions, including heads of business across specialty lines.
Africa Specialty Risks (ASR) has appointed Mr Joseph Kotran as Head of Business Development, Middle East and Turkiye.
S&P Global Ratings (S&P) expects the conflict in the Middle East to inject additional uncertainty and earnings volatility into global reinsurers' 2026 results, particularly within specialty lines.
S&P Global Ratings (S&P) says that it considers the gravity of the military conflict in the Middle East to have moved from high to severe in its pre-defined scenarios and consequently, the potential for events to weaken credit quality across sectors has increased.
Many of the world's leading maritime insurers have cancelled war risk cover for vessels entering the Persian Gulf, amid escalated military conflict in the Middle East.
Liberty, part of Liberty Mutual Insurance Group, has appointed Ms Cynthia Sze as CEO, Hong Kong, effective May 2026 and subject to regulatory approval.
The boards of Zurich and Beazley announce that they have agreed the terms of a recommended all-cash offer by Zurich for the entire issued and to be issued share capital of Beazley.