RSA Luxembourg has named Nadia Cote as European CEO, succeeding Lynn O'Leary, who is set to relocate to the US to oversee Intact's specialty lines business.

Brit’s Bermuda platform Brit Re is set to expand into specialty treaty and casualty treaty in 2025 with ~$50mn first-year gross written premium (GWP) targets for each line,

International specialty MGA Rokstone has received a licence from the Dubai Financial Services Authority (DFSA) to establish a new office in Dubai International Financial Centre (DIFC).

Investors sent Bowhead Specialty Holdings’ share price down on Tuesday morning after it announced preliminary Q3 results that include expected 27 to 34 percent growth in gross written premiums (GWP) and adjusted net income of $12mn to $13mn, as well as a secondary offering.

Munich Re Specialty – North America retains a strong appetite to support casualty-focused programs and MGAs even as it, and the wider industry, contend with rising loss cost trends fueled in part by legal system abuse.

Italian parametric and specialty insurer Revo Insurance has announced a partnership with manufacturing risk management firm Paradigmix to provide business interruption coverage triggered by production line failures.

Ryan Specialty has announced several leadership hires within its international specialty underwriting segment Ryan Specialty Underwriting Managers International, including that of Graeme Rayner as chief underwriting officer, international.

Munich Re Specialty has begun the process of entering the Spanish primary specialty commercial insurance market, with the intention to begin underwriting in 2025.

Chinese insurer PICC has paid claims to more than 300 households in the eastern Chinese city of Jiaxing this year under a parametric insurance scheme for speciality crops.

The (re)insurance sector is set for significant shifts, driven by specialty growth, a focus on climate, and heightened M&A activity, according to Guru Johal, vice chairman and partner and global speciality and reinsurance markets leader at Deloitte.

Specialty MGA Optio Group has acquired Luxembourg-based MGA Circles Group in what it describes as its largest European acquisition to date.

UK specialty intermediary Kingfisher Insurance, a subsidiary of NSM, has acquired MIS Motorsport’s commercial business in the UK and Ireland.

US retail broker Highstreet Insurance Partners has established a newly created subsidiary Brightstone Specialty Group to provide specialty services and underwriting, as the US retail also noted it is on course to surpass $600mn in revenue this year.

Miller has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros (Bruzon).

Specialty reinsurer Eureka Re has secured an A- rating, a key milestone that reflects years of strategic growth and dedication, according to its founder and CEO Gabriel Holschneider.