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In February, Orion180 launched the coverage in Texas.
Posted: Apr 08, 2025
Global reinsurance capital surged in 2024 and looks to grow by 6% in 2025, according to Gallagher Re's 2024 Reinsurance Market Report. The post
Posted: Apr 08, 2025
Insurance Business Magazine - US
Posted: Apr 08, 2025
New Mexico Superintendent of Insurance Alice Kane increased maximum residential property insurance limits for policies from $350,000 to $750,000 through the New Mexico Fair Access to Insurance Requirements Plan. The move was adopted by the NM FAIR Pl...
Posted: Apr 08, 2025
U.S. Trade Representative Jamieson Greer told U.S. senators on Tuesday that President Donald Trump’s administration has no plans to change tactics on the global tariff program in the near term, prompting some light push back from Republican law...
Posted: Apr 08, 2025
Maryland Governor Wes Moore this week swore in eight new executive leaders, each confirmed by the Senate during the 2025 legislative session, to fill key positions across state government. Among them was Insurance Commissioner Marie Grant, who joined...
Posted: Apr 08, 2025
Property and casualty insurer Sutton National and Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, Ltd., have announced the completion of Bamboo’s reinsurance programme, which includes a debut catastrophe bond a...
Posted: Apr 08, 2025
NFP, an Aon company headquartered in New York City, named Joseph D’Agostino as senior vice president, property and casualty. D’Agostino has nearly two decades of experience supporting hundreds of companies in navigating IPOs, acquisitions...
Posted: Apr 08, 2025
Portland, Maine-based United Insurance announced it has acquired Barresi Financial, a financial services and retirement advisory firm with offices in Bangor and Presque Isle. Barresi’s 10 associates will join United, according to Zack Frechette...
Posted: Apr 08, 2025
Some customer information from Singapore’s DBS Group and Bank of China’s branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT). DBS said on Monday customer statements...
Posted: Apr 08, 2025
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned insurer, have closed their Gateway Re Series 2025-2 catastrophe bond, securing $150 million in cov...
Posted: Apr 08, 2025
The Ohio River is expected to crest Tuesday night at historically high levels, exacerbating flooding that has already swamped hundreds of homes, businesses and restaurants in Louisville and other parts of Kentucky. While heavy rains have moved on, ri...
Posted: Apr 08, 2025
Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico, and Canada, the administrati...
Posted: Apr 08, 2025
S&P Global Ratings has raised the financial strength and issuer credit ratings of Global Atlantic Financial Group’s (GAFG) operating insurance entities to ‘A’ from ‘A-‘, assigning a stable outlook. Concurrently, t...
Posted: Apr 08, 2025
The UK government needs to consider more perks for businesses and employees if it’s serious about getting the long-term sick back into the country’s workforce, two think-tanks said. Chancellor of the Exchequer Rachel Reeves should give fi...
Posted: Apr 08, 2025
Insurtech Wrisk achieves third consecutive year of revenue growth, with triple figure increase in 2024
Posted: Apr 08, 2025
Every day that you bootstrap your producer licensing could be the day that a license lapses and costs you $20,000 in state fines.
Posted: Apr 08, 2025
The integration will empower Lockton's cyber brokers with detailed and real-time analysis.
Posted: Apr 08, 2025
The company is expanding its cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion.
Posted: Apr 08, 2025
The exclusive ProXS solution includes competing panels from Lloyds and company markets.
Posted: Apr 08, 2025
In February, Orion180 launched the coverage in Texas.
Posted: Apr 08, 2025
Willis, a WTW business, has launched ProXS, a new Professional Indemnity solution with a CCY40m capacity, designed to provide enhanced and cost-effective coverage for professional companies. The ProXS solution includes competing panels from Lloyds...
Posted: Apr 08, 2025
Westfield Specialty International, a provider of specialised insurance solutions, has expanded its reinsurance team with the appointment of Nate Field as Class Underwriter in casualty treaty reinsurance. Field will be based in London, and brings a...
Posted: Apr 08, 2025
Gallagher Re’s full year 2024 reinsurance market report, which analyses capital and profitability trends in the global reinsurance sector, highlights a 17% return on equity (ROE) for 2024, down from 19.5% in the previous year. Despite this d...
Posted: Apr 08, 2025
Insurance Business Magazine - US
Posted: Apr 08, 2025
Insurance Business Magazine - US
Posted: Apr 08, 2025
Japan Warns Potential Megaquake Could Kill Nearly 300,000 A lon...
Posted: Apr 08, 2025
Verisk Buy of Nasdaq Subsidiary Gains Access to Hundreds of Catastro...
Posted: Apr 08, 2025
Quick Ralf & Grant (QRG), a specialist insurance group and Lloyd’s broker, has announced the appointment of Dennis Gattinger as Head of Europe. In his new role, Gattinger will report to Robert Ralf, CEO of QRG, and will be based in Barcelona....
Posted: Apr 08, 2025
Chinese authorities warned drivers to stay vigilant and reduce the use of advanced driver-assistance technology during the Qing Ming Festival holiday, after three people died in an accident involving a Xiaomi Corp. electric car just over a week ago....
Posted: Apr 08, 2025
Independent insurance broker Lockton has announced a strategic partnership with Axio, a provider of cyber risk quantification solutions, to enhance cyber risk analytics. This collaboration provides organisations with the tools they need to better...
Posted: Apr 08, 2025
BMS Group, the London-based specialist insurance and reinsurance broker, announced the appointment of Jean-Jacques Henchoz to the role of chairman of the board, effective May 1, 2025. Henchoz was most recently the CEO and chairman of the Executive Bo...
Posted: Apr 08, 2025
SM Reinsurance Company (SM RE), a Dubai-based specialist reinsurer, has announced plans to expand its operations and target markets beyond Africa and Asia to support continued growth. Since its inception on June 1, 2023, SM RE has experienced rapi...
Posted: Apr 08, 2025
Resilience is expanding the availability of its cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion. The expanded underwriting authority provides broker partners with more options in addressing clients’...
Posted: Apr 08, 2025
The Prudential Regulatory Authority (PRA) has launched a consultation to help insurers accelerate investment in the United Kingdom. In its consultation paper the PRA proposes rules to reform the Matching Adjustment (MA) application process by intr...
Posted: Apr 08, 2025
S&P Global Ratings has revised its outlook on Fidelis to stable from positive, citing significant Q4 2024 aviation-related losses from the Russia-Ukraine conflict and $160-$190 million in losses from the January 2025 California wildfires. As a...
Posted: Apr 08, 2025
Cyber risk solutions firm Resilience has expanded its capacity to provide cyber risk solutions to large enterprise accounts with revenue of more than $10 billion through a partnership with Accredited Insurance Holdings, a global programme manager....
Posted: Apr 08, 2025
AM Best has revised its outlook for the London Market insurance segment from positive to stable, citing emerging signs of a softening pricing environment. “Although the pricing environment for most business lines remains adequate and support...
Posted: Apr 08, 2025
Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies hold for those overseeing an on...
Posted: Apr 08, 2025
Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies hold for those overseeing an on...
Posted: Apr 08, 2025
Japanese insurance group MS&AD Insurance Holdings, the parent of the Mitsui Sumitomo insurance entities, has agreed to sell all of its shares in Australian financial services company with annuities and fund management businesses, Challenger Li...
Posted: Apr 08, 2025
Brokering for the homeless takes a strong insurance mindset and a gracious soul. Enter James Dick of Gallagher. The post T...
Posted: Apr 08, 2025