Markel Insurance, the Markel Group's insurance operation, has appointed Mr James Howell as Senior War and Terrorism Underwriter.
International health insurance is the second most valued benefit for both HR decision-makers and international assignees (HR: 43%, IA: 54%), losing out to accommodation costs (HR: 45%, IA: 63%), according to AXA's report, titled 'World of Work: Global mobility on the move'.
AIG has appointed Mr Adam Clifford as CEO, International Commercial Insurance, effective 5 January 2026.
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.
Insured losses from natural catastrophes again surpass the $100bn mark in 2025 for the sixth consecutive year, according to a new report by Swiss Re Institute. This is mainly driven by the unprecedented LA wildfire loss record in the first quarter of 2025 and severe convective storms (SCS), which remain a major and persistent global loss driver. Overall, Swiss Re Institute estimates total insured losses in 2025 at $107bn, 24% lower than the $141bn recorded in 2024.
QBE Insurance Group announced that Mr Peter Wilson has made the decision to pursue an opportunity with another carrier.
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.
Marine insurer The Standard Club Asia will cease writing insurance business from 20 February 2026 and enter run-off. It will also stop issuing any new or renewal policies from 9 December 2025, according to a press release from NorthStandard.