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Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva

Insurance Journal

Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a majority stake (68.3%) in Holos Holdings Co. a leading retail insurance broker headquartered in Kyoto. Founded in 2001 by …

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Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers

Insurance Journal

Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, reinsurance …

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London Market Brokers, Associations Welcome Move to Create UK Captive Domicile

Insurance Journal

The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the London market. The government aims to deliver …

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Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers

Insurance Journal

Howard Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers–but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, …

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Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting

Insurance Journal

Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile. Following completion of the acquisition, Felipe Ureta …

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Markets/Coverages: Brit Launches Digital Flood Product for US Market

Insurance Journal

Brit Group Holdings Limited announced the launch of Brit Flood, a new digital underwriting platform for brokers to help address the protection gap which exists in the US flood market. “With floods occurring more frequently, the role of private insurance …

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Kaya AI Launches to Transform ISO Class Code Classification for Insurance Brokers

Insurance Journal

June 18, 2025 — Greenwood General Insurance today announced the official launch of Kaya AI, an artificial intelligence solution designed to streamline ISO class code classification for insurance brokers and underwriters. Monrovia, CA., The tool addresses persistent industry challenges by …