Turkiye: Biggest non-life insurer increases its profits by 53% in 2025

Published on January 27, 2026
Istanbul-headquartered state-controlled Turkiye Sigorta has posted net profits of TRY19.43bn ($448m) for 2025, a surge of 52.7% over 2024, according to the company's financial statements.
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Insurance modernisation key to UK financial services competitiveness: TheCityUK & PwC

January 26, 2026
Insurers are central to the competitiveness of the UK’s financial and related professional services industry, but a report from TheCityUK and PwC UK warns that lagging insurance processes and market infrastructure threaten that position without urgent modernisation.The report draws on insights from over 300 senior leaders – including 70 CEOs and Chairs – from across the UK’s financial and related

Falcon promotes John Merchant to CUO

January 27, 2026
Falcon Risk Services, a wholly owned managing general agent (MGA) of HDI Global SE, has promoted John Merchant to Chief Underwriting Officer (CUO), effective January 1st, 2026.Merchant was the first employee to join Falcon in October 2021, and the firm says that he has since been instrumental in the MGA’s growth and evolution within the US specialty insurance market.In his new role, Merchant overs