Abundant insurance capacity and strong competition continue to create favourable conditions for commercial insurance buyers across most major lines of business, according to global insurance broker Aon in its Q2 2026 Global Insurance Market Insights report.
Miller, the London-headquartered independent specialist (re)insurance broker, has completed its acquisition of Shields Reinsurance Brokers (Shields), an independent reinsurance broker based in Dubai.
Australian utilities and agriculture are among the most exposed sectors if El Niño emerges. And as sea-surface temperatures in the central tropical Pacific continue to warm, the country's Bureau of Meteorology (BOM) says El Niño is becoming more likely.
Verisk's Catastrophe and Risk Solutions group has estimated insured losses of the 6.8 magnitude earthquake that struck near Kumamoto City in Japan on 28 July to be between JPY220bn ($1.4bn) and JPY340bn.
Ignite Specialty Risk, a specialist provider of specialty risk insurance, has established its Australian operations.
AXA XL, the P&C and specialty risk division of Paris-headquartered AXA Group, has reported a EUR100m ($115.4m) loss related to the Middle East for the first half of this year.
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed to the energy, power and construction risk engineering team across MENA: Mr Richard Mundy as Principal Risk Engineer - Energy, Mr Sam McLachlan as Risk Engineer - Construction and Mr Taz Chowdhury as Risk Engineer - Power.
MNK International has appointed Mr William Wakeham as Managing Director of its new international energy division. The new division will focus on selected markets across Africa and the Middle East, alongside other territories, and work with insureds, local brokers and cedants.
MS Amlin has appointed Ms Laura Hobern as Chief Actuary, effective 4Q2026 and subject to regulatory approval.
MNK International has appointed Mr William Wakeham as Managing Director of its new international energy division. The new division will focus on selected markets across Asia, alongside other territories, and work with insureds, local brokers and cedants.