Royal London completes £16m buy-in for Premdor Crosby Pension Plan
Royal London, a mutual provider of life, pensions, and investment solutions, has finalised a £16 million bulk purchase annuity (BPA) arrangement with the Premdor Crosby Pension Plan. This transaction, which secures benefits for 181 members, is the first for Royal…
Ignite Specialty Risk expands Executive Team and UK Underwriting function
Ignite Specialty Risk, a provider of litigation risk insurance, has made four key appointments to its Executive Team and UK Underwriting function, supporting its growth and ongoing development across the UK, Europe, and US markets. Angus Eames joins Ignite from…
JBA Risk Management to launch India operations led by Mansi Kalra as MD
UK-domiciled flood science specialist JBA Risk Management is establishing its Indian operations by opening an office in Bangalore next month, led by Mansi Kalra as Managing Director (MD). The move is motivated by the growing demand for advanced flood risk…
Canopius names Lisa Leftwich US Regional Head of Strategy and Transformation
Canopius Group, a global specialty and P&C re/insurer, has announced the appointment of Lisa Leftwich as US Regional Head of Strategy and Transformation. In her new role, Leftwich will leverage her over 20 years of experience in corporate strategy, communications,…
Everest’s reinsurance arm posts positive Q3’25 result but reserve strengthening dents Group performance
Bermuda-based insurer and reinsurer, Everest Group, has reported an underwriting loss of $130 million for the Group in its third quarter 2025 results, as the strong performance of its reinsurance business was more than offset by the impacts of strengthening…
Pacific Life Re completes first two Japanese asset-intensive flow reinsurance deals
Life and health reinsurer Pacific Life Re has completed the first of two asset-intensive flow reinsurance transactions in Japan, marking its entry in the segment. The transactions were executed with two Japanese life insurers, representing a key milestone in Pacific…
Arch Capital’s Q3’25 underwriting income rises to $871m amid improved reinsurance result
Arch Capital Group Ltd., the Bermuda-based insurer and reinsurer, has reported a 62% year-on-year rise in underwriting income to $871 million for the third quarter of 2025, driven by a significantly stronger underwriting performance in its reinsurance business. Group-wide, Arch’s…
Everest enters $1.2bn adverse development reinsurance deal with Longtail Re
Bermuda-based insurance and reinsurance firm Everest has entered into an adverse development reinsurance agreement, effective October 1, 2025, supported by Longtail Re, an affiliate of Stone Ridge Holdings Group, with the cover composed of two layers in excess of the…
Flexible working and work-life balance: how to support your people
Flexible working is a key driver of wellbeing and engagement. Understand how different generations value flexible working and work-life balance in unique ways.
Cancellation rights don’t apply to tax-free cash withdrawals
HMRC and FCA confirm: cancellation rights don’t apply to PCLS/UFPLS. Once withdrawn, tax effects and allowances used are irreversible.