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AM Best affirms Jamestown ratings before withdrawing due to company request

AM Best affirms the Financial Strength Rating (FSR) of ‘A-’ (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘a-’ (Excellent) of Jamestown Insurance Company Limited.

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GFSC restructures directorate as McHugh moves to lead Insurance and Banking

The Guernsey Financial Services Commission (GFSC) announces a restructure of its senior directorate, effective from January 2026, which sees Martin McHugh promoted to Director of Banking and Insurance Supervision

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FERMA appoints Laurent Nihoul as new CEO

The Federation of European Risk Management Associations (FERMA) names Laurent Nihoul as its new chief executive officer, effective 1 December 2025.

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IRS increases § 831(b) premium limit to US$2.9 million

The US Internal Revenue Service (IRS) announces an increase to the premium limit for small insurance companies making a § 831(b) tax election, raising it to US$2.9 million for the 2026 tax year.

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Ryan Specialty names Keogh and Mulshine Co-Presidents

Ryan Specialty Holdings, Inc. today announces the appointment of Steve Keogh, Chief Operating Officer, and Brendan Mulshine, Chief Revenue Officer, to the additional roles of Co-Presidents.

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Holmes Murphy launches enhanced analytics platform to boost client strategies

Holmes Murphy launches CLUE, a new proprietary analytics platform, to provide sharper data insights for Property Casualty and Employee Benefits clients.

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Soft market sees mining insurers competing with double-digit rate cuts, WTW finds

The global mining insurance market is showing signs of accelerated softening, with insurers competing aggressively through double-digit rate reductions, broadening coverage, and highly negotiable terms

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Aon names Simon Chisholm as Asia reinsurance chairman

Aon has appointed Simon Chisholm as Chairman of Asia for Reinsurance Solutions, effective January 1, 2026.

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Ned Gaines Named Nevada Insurance Commissioner

Ned Gaines is appointed Commissioner of the Nevada Division of Insurance, effective October 6, 2025.

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MAXIS GBN promotes Damian Allepuz to Regional Director for EMEA

MAXIS Global Benefits Network (MAXIS GBN) appoints Damian Allepuz as its new Regional Director – EMEA.

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IMAC releases agenda for Cayman Captive Forum 2025

The Insurance Managers Association of Cayman (IMAC) releases the agenda for the Cayman Captive Forum 2025, the largest captive insurance event in the world.

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Fifth Third to Acquire Comerica in $10.9 Billion All-Stock Deal

Fifth Third Bancorp acquires Comerica Incorporated in an all-stock transaction valued at US$10.9 billion. The deal, announced on 6 October 2025, creates the ninth largest US bank with approximately $288 billion in assets.

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