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Skyward Specialty secures regulatory approval to acquire Apollo

Reinsurance News

Property and casualty insurer Skyward Specialty Insurance Group Inc. has secured the required regulatory and minority shareholders’ approvals for the 100% acquisition of Lloyd’s specialist, Apollo Group Holdings Limited. As announced in Sept...

Posted: Dec 04, 2025

RSUM’s North American Professional Liability Team rebrands as Ryan Financial Lines

Reinsurance News

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has formally rebranded its North American Professional Liability (NAPL) team to Ryan Financial Lines. This addition aims to significantly strength...

Posted: Dec 04, 2025

Vienna Insurance Group outlines evolve28 strategy with targets through 2028

Reinsurance News

Vienna Insurance Group, the multinational insurer operating across Central and Eastern Europe, has set out its aims for the next three years as it introduces its new strategic programme, evolve28. The company has detailed quantitative targets desi...

Posted: Dec 04, 2025

MSIG Europe announces leadership transition as Patrick Smolka prepares to depart

Reinsurance News

MSIG Europe SE, a recognised provider of P&C and marine insurance solutions across the continent, has announced an upcoming shift within its senior underwriting team. Patrick Smolka, who has served as one of MSIG Europe’s Chief Underwriting Of...

Posted: Dec 04, 2025

CCRIF introduces Livelihood Protection Policy to support vulnerable groups after severe weather even...

Reinsurance News

CCRIF, a regional risk pooling organisation that provides parametric insurance to Caribbean and Central American governments, has introduced the Livelihood Protection Policy (LPP) in Jamaica as the country continues to deal with the aftermath of H...

Posted: Dec 04, 2025

Munich Re’s American Modern appoints Eric Hunziker Chief Digital and Operating Officer

Reinsurance News

American Modern Insurance Group, Inc., a specialist insurance provider and part of Munich Re, has confirmed that Eric Hunziker has taken on the position of Chief Digital and Operating Officer (CDOO), replacing Paul Schneider, who is set to retire...

Posted: Dec 04, 2025

Hong Kong fire to add pressure to P&C sector’s earnings: S&P

Reinsurance News

A new review by S&P Global Ratings notes that losses from the recent destructive fire at a Hong Kong residential complex are likely to further strain the underwriting performance of the territory’s property and casualty (P&C) insurance ind...

Posted: Dec 04, 2025

AM Best shifts Conduit Re’s outlook to stable and reaffirms strong ratings

Reinsurance News

AM Best, the credit rating agency, has adjusted its outlook on Conduit Reinsurance Limited (Conduit Re) from positive to stable. The agency also confirmed Conduit Re’s Financial Strength Rating of A- (Excellent) and its Long-Term Issuer Credit Rat...

Posted: Dec 04, 2025

Tiptree shareholders approve sale of Fortegra to DB Insurance

Reinsurance News

Tiptree has announced that its shareholders have approved the previously disclosed agreement for DB Insurance Co., Ltd. to acquire all outstanding shares of The Fortegra Group, Inc., a global specialty insurer and subsidiary of Tiptree, at the com...

Posted: Dec 04, 2025

Putin Warns of Possible Strikes on Ukrainian Allies’ Ships

Insurance Journal

Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet doesn’t halt.”What the Ukrainian armed forces are doing now is piracy,” Putin tol...

Posted: Dec 04, 2025

Swiss Re promotes Nicole Pieterse to Chief People Officer

Reinsurance News

Zurich-domiciled global reinsurance company, Swiss Re, has promoted Nicole Pieterse to the role of Chief People Officer, effective January 1st, 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons. Currently...

Posted: Dec 04, 2025

Ryan Specialty completes acquisition of Canadian MGU SSRU

Reinsurance News

Specialty insurer, Ryan Specialty, has completed its previously announced purchase of Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU). SSRU, a specialist in underwriting large-account, high-hazar...

Posted: Dec 04, 2025

Hong Kong Races to Remove Scaffolding Nets Blamed for Fueling Deadly Fire

Insurance Journal

Hong Kong authorities rushed on Thursday to remove mesh netting on all buildings undergoing renovation across the city after the material was blamed for fanning a blaze last week that has killed at least 159 people. The government late on …

Posted: Dec 04, 2025

Everest names Bradica as Group Chief Actuary and Kerényi as CRO

Reinsurance News

Bermuda-based insurer and reinsurer, Everest Group, has appointed Katy Bradica as its new Group Chief Actuary, and named Attila Kerényi as Group Chief Risk Officer, both effective early January 2026. The pair join the firm’s executive leader...

Posted: Dec 04, 2025

Lloyd’s Market Association introduces expanded Emerging Litigation Forum

Reinsurance News

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has announced the creation of the Emerging Litigation Forum (ELF). Introduced by the LMA, this new Forum takes the place of the Envir...

Posted: Dec 04, 2025

People Moves: Flagg Reappointed to Texas Mutual Insurance Company Board of Directors

Insurance Journal

Brett Flagg, of Frisco, Texas, has been reappointed to the Texas Mutual Insurance Company board of directors by Gov. Greg Abbott. His board term for Texas Mutual—a policyholder-owned company and the state’s leading provider of workers’ co...

Posted: Dec 04, 2025

The World’s Plastic Glut Is Set to Get Much Worse by 2040, Study Finds

Insurance Journal

Despite clear evidence that plastic is clogging oceans and beaches and breaking down into microplastics that enter our bodies, humans are continuing to produce the material at accelerating rates. The result: Global plastic pollution will hit 280 mill...

Posted: Dec 04, 2025

Royal London secures £55m BPA transaction as deal pipeline expands

Reinsurance News

Royal London, a mutual provider of life, pensions, and investment solutions, has secured a £55 million bulk purchase annuity (BPA) transaction with the Trustees of the Steamship Insurance Management Services Limited Pension and Assurance Scheme. S...

Posted: Dec 04, 2025

Deadly Floods’ $20 Billion Toll Shows Asia’s Rising Climate Risk

Insurance Journal

Devastating floods have killed more than 1,300 people and caused at least $20 billion in losses since late last month across parts of South and Southeast Asia, underscoring the increasing risks from climate change and extreme weather for the region&#...

Posted: Dec 04, 2025

FEMA Puts Whistleblowers Back on Leave After Reinstatements

Insurance Journal

Days after reinstating a group of Federal Emergency Management Agency employees who raised concerns about the government’s disaster preparedness, federal officials have placed those whistleblowers back on administrative leave. The move comes ho...

Posted: Dec 04, 2025

People Moves: Neumann Appointed Howden US Financial Lines Claims Leader

Insurance Journal

Howden, with U.S. headquarters in Miami, Florida, appointed Elizabeth Neumann as executive vice president, financial lines claims leader. Neumann will be based in New York. Neumann joins Howden from CAC Specialty, where she spent the last two years a...

Posted: Dec 04, 2025

Surveys Show Concerns About Florida Market, But Consumers Are Warming Up

Insurance Journal

New surveys of Florida homeowners show continued concerns about property insurance, premiums and hurricanes, but policyholders seem to be breathing a little easier in recent months. A poll by Florida Atlantic University found that 49% of respondents...

Posted: Dec 04, 2025

Trump Outlines Plan to Unwind Biden-Era Car Mileage Mandates

Insurance Journal

President Donald Trump unveiled his administration’s plan to relax stringent Biden-era fuel efficiency standards, casting the change as a way to lower consumer costs. “Today my administration is taking historic action to lower costs for A...

Posted: Dec 04, 2025

People Movers Still in Use at Dulles Airport Despite Recent Crashes

Insurance Journal

People movers will continue darting across Dulles International Airport for years to come, despite recent incidents that have revived safety questions for passengers who use them. At the Nov. 19 meeting of the Metropolitan Washington Airports Authori...

Posted: Dec 04, 2025

Keen Appointed Oregon Insurance Commissioner

Insurance Journal

T.K. Keen has been named Oregon’s insurance commissioner following a period serving as an interim commissioner. Keen, who has been acting insurance commissioner since being promoted in late May, was appointed to the role by Oregon Department of...

Posted: Dec 04, 2025

Viewpoint: Prudent or Not, an Insured’s Extra Expense Must Be Strictly ‘Necessary’

Insurance Journal

In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable—but contractually unnecessary—payments made by an insured following a cyberattack did not constitute insured “extra expense...

Posted: Dec 04, 2025

Instacart Sues New York City Over Worker Pay, Tipping Laws

Insurance Journal

Instacart sued New York City on Tuesday, seeking to block enforcement of five laws affecting the grocery delivery company, including higher minimum pay for app-based workers and greater disclosures to customers about tipping. According to a complaint...

Posted: Dec 04, 2025

Xceedance introduces Manila talent hub to strengthen global insurance support

Reinsurance News

Xceedance, known for its consulting, technology, data, and operational solutions for insurance organisations, has broadened its footprint in Asia with the launch of a new talent hub in Manila, Philippines. The addition is intended to strengthen th...

Posted: Dec 04, 2025

Nine Insurers OK’d to Sell Group Health to Washington Employers

Insurance Journal

Washington Insurance Commissioner Patty Kuderer approved nine health insurers to sell group health plans to small employers in 2026. The insurers are: Asuris Northwest Health, Kaiser Foundation Health Plan of the Northwest, Kaiser Foundation Health P...

Posted: Dec 04, 2025

GAINSCO files trademark, signaling a possible rebrand

coverager

GAINSCO has operated under the same visual identity for years.

Posted: Dec 03, 2025

Wamy exits stealth with an AI workforce platform for P&C claims

coverager

The system reads documents, analyzes evidence, listens to deposition audio, validates coverage, and recommends next steps "within seconds."

Posted: Dec 03, 2025

Coalition hires Frank Fumarola as chief product officer

coverager

Fumarola joins Coalition most recently from Nubank.

Posted: Dec 03, 2025

More insider sales at Lemonade

coverager

John Peters and Timothy Bixby trim holdings.

Posted: Dec 03, 2025

Peer-Insights Report: The Life & Annuity Blueprint for Speed, AI, and Customer-Centricity

coverager

Sureify has recently published a Life and Annuity Peer Insights Report detailing the essential strategies insurance leaders are adopting to navigate tomorrow's landscape successfully.

Posted: Dec 03, 2025

Introducing Otto

coverager

Otto is currently in early stages and seeking independent agencies and commercial producers willing to test the platform and provide feedback.

Posted: Dec 03, 2025

CIG increases homeowners capacity in Paradise

coverager

Seven years later, insuring these homes represents a meaningful milestone for both the community and CIG.

Posted: Dec 03, 2025

By Miles winds down

coverager

Aviva is refocusing on its core brands—Aviva, Direct Line, and Churchill—so By Miles will be phased out.

Posted: Dec 03, 2025