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TMK appoints Cesar Silvestre as Head of Cyber Reinsurance Solutions

Reinsurance News

Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Cesar Silvestre as Head of Cyber Reinsurance Solutions. The appointment follows TMK’s September launch of its enhanced flagship cyber offering, TMK Cyber Ctrl, w...

Posted: Nov 18, 2025

Property Cat Reinsurance MGA, Bobcat Re, Launched in US by Former K2 CAT Execs

Insurance Journal

A new property-catastrophe reinsurance MGA, Bobcat Re, has been launched by a group of private investors, including former K2 CAT executives David Carson and James Sharpington as well as Glenn T. Jackson from Safepoint. Headquartered in Tampa and wit...

Posted: Nov 18, 2025

Aon unveils framework to accelerate re/insurer investment in sustainable energy

Reinsurance News

With global premiums forecast to exceed $9 billion by 2030, Aon has launched the Low-Carbon Transition Framework for Insurers, a seven-step process aimed at driving re/insurer engagement with the sustainable energy sector, which, through their cap...

Posted: Nov 18, 2025

Zurich Retail Protection launches Learning Hub to support advisers

coverager

Built in response to adviser demand for flexible learning, the platform lets users choose topics and formats that fit their schedules.

Posted: Nov 18, 2025

Jenner to lead Howden’s new Global Financial Sponsors division

Reinsurance News

Emily Jenner has joined Howden as Managing Director (MD) of its new Global Financial Sponsors (GFS) division, a specialist practice for large private equity and alternative investment clients. As MD, Jenner will run a dedicated team focused on sup...

Posted: Nov 18, 2025

LMA appoints six new members to its Next Gen Legal Committee

Reinsurance News

The Lloyd’s Market Association (LMA) has announced the appointment of six new members to its Next Gen Legal Committee. The committee brings together legal leaders to foster collaboration across the market. Members will contribute to essential proj...

Posted: Nov 18, 2025

Insurers flag SCS as top threat in new Demex survey

Reinsurance News

According to a survey commissioned by reinsurance MGA Demex, insurance company executives consider severe convective storms (SCS) to be the top peril in terms of balance-sheet impact, underscoring aggregate loss coverage for working-layer property...

Posted: Nov 18, 2025

Doha Insurance expands regional footprint with new Saudi Arabia branch

Reinsurance News

The Doha Insurance Group (DIG), a provider of insurance and reinsurance solutions in the Middle East and North Africa region, has obtained approval from the Qatar Central Bank to establish a new branch in the Kingdom of Saudi Arabia. The new branc...

Posted: Nov 18, 2025

Hannover Re names Yan Sun as Head of Life & Health, Greater China

Reinsurance News

As part of its ongoing growth strategy in Asia, Hannover Re has appointed Yan Sun as Head of Life & Health, Greater China. Based in Hong Kong, Sun will oversee the firm’s Life & Health operations across Greater China, a pivotal market in H...

Posted: Nov 18, 2025

UK life insurers ‘resilient’ to severe financial markets stress: PRA’s LIST 2025

Reinsurance News

Major UK life insurers, particularly the eleven largest firms active in the bulk purchase annuity (BPA) market, are resilient to a severe but plausible financial markets stress scenario, according to the recently published Prudential Regulation Au...

Posted: Nov 18, 2025

No Firm Is Immune if AI Bubble Bursts, Google CEO Tells BBC

Insurance Journal

Alphabet Chief Executive Sundar Pichai said no company would be unscathed if the artificial intelligence boom collapses, as soaring valuations and heavy investment in the sector fuel concerns of a bubble. Pichai said in an interview with the BBC publ...

Posted: Nov 18, 2025

French insurance sector stabilises, but political uncertainty looms: Moody’s

Reinsurance News

Moody’s, the credit rating agency, has revised its outlook on France’s insurance industry, signalling a shift to stability in the property and casualty (P&C) segment while maintaining a stable view on the life insurance sector. The agency note...

Posted: Nov 18, 2025

World Is Off Course on Pledge to Slash Heat-Trapping Methane

Insurance Journal

The world remains far behind global commitments to slash methane, according to a United Nations assessment that underscores the need for rapid, aggressive work to stifle emissions of the super pollutant. Fulfilling a pledge by roughly 160 nations to...

Posted: Nov 18, 2025

Rob Malone promoted to US Head of Cyber at AXA XL

Reinsurance News

Rob Malone has served as Head of Large Accounts and Portfolio Management since January 2025, but effective immediately, takes on the role of US Head of Cyber at AXA XL, the property and casualty division of global insurer AXA Group. In his new rol...

Posted: Nov 18, 2025

AI-Induced Psychosis: The Danger of Humans and Machines Hallucinating Together

Insurance Journal

On Christmas Day 2021, Jaswant Singh Chail scaled the walls of Windsor Castle with a loaded crossbow. When confronted by police, he stated: “I’m here to kill the queen.” In the preceding weeks, Chail had been confiding in Sarai, his...

Posted: Nov 18, 2025

Gary Haase joins Everest as CEO of Legacy Operations

Reinsurance News

Bermuda-based insurer and reinsurer, Everest Group, has appointed Gary Haase as Executive Vice President (EVP) and Chief Executive Officer (CEO) of Legacy Operations, effective December 1st, 2025. Haase reports to Jim Williamson, Everest’s Preside...

Posted: Nov 18, 2025

MGA Augmented names Luke Overall as Head of Underwriting

Reinsurance News

Augmented, a tech-powered managing general agent (MGA) launched in July 2025, has announced the appointment of Luke Overall as Head of Underwriting. In his new role, Overall will lead the underwriting team, working closely with brokers and carrier...

Posted: Nov 18, 2025

Chubb Insurance Malaysia Files for Malaysia IPO

Insurance Journal

Chubb Insurance Malaysia Bhd has filed for an initial public offering on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings, according &#82...

Posted: Nov 18, 2025

EMEA insurance market is softening, abundant capacity driving price reductions: Aon

Reinsurance News

The insurance market across Europe, the Middle East, and Africa (EMEA) is experiencing a notable softening, with price reductions increasingly available for preferred and well-managed risks across most geographies and lines of business, driven by...

Posted: Nov 18, 2025

Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal

Insurance Journal

Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners. Judge Sean H. Lane said he will sign...

Posted: Nov 18, 2025

Douglas Turk named President, Specialty Lines at Relation Insurance Services

Reinsurance News

Relation Insurance Services, a full-service insurance brokerage, announced that Douglas Turk has joined the company as President, Specialty Lines, overseeing the growth and development of Relation’s specialty business. Turk brings more than 20 yea...

Posted: Nov 18, 2025

Wall St Regulator to Consider Crypto Token Classification, Chair Says

Insurance Journal

The head of the U.S. Securities and Exchange Commission said the agency would soon consider establishing a classification for digital assets to help determine when they can be considered securities. “In the coming months, I anticipate that the...

Posted: Nov 18, 2025

Biggest NJ Health Insurer to Pay $100 Million in Whistleblower Suit

Insurance Journal

Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations that the health-insurance company had ripped off taxpayers by overpaying for care, in a pact made public on Friday. The settlement with New Jersey …

Posted: Nov 18, 2025

Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business

Insurance Journal

Supervisor Adam Bowman was loading metal onto a truck at a scrapyard just south of the Louisville, Kentucky, airport when he heard what he first thought was a transformer explosion and quickly realized was more horrific. “I turned around and &#...

Posted: Nov 18, 2025

Florida Approves 6.9% Average Cut in Workers’ Comp Rates But Roofers Are Worried

Insurance Journal

Florida’s insurance commissioner has approved a 6.9% average decrease in workers’ compensation rates for the voluntary market for 2026, marking the ninth straight year of rate cuts in the state. The average rate reduction will be for new...

Posted: Nov 18, 2025

Walgreens to Pay $500,000 for Overcharging at Vermont Checkouts

Insurance Journal

Walgreens has agreed to pay $500,000 to settle claims of overcharging at its stores in Vermont — including in one instance where an item rang at the register $23 higher than its shelf price, the state Attorney General’s Office said …

Posted: Nov 18, 2025

NJ NAACP, Latino Groups Say Regulators Aid Discrimination in Auto Insurance Rates

Insurance Journal

The New Jersey NAACP and two Latino groups last week filed suit against the state Department of Banking and Insurance, charging that the agency encourages discrimination in auto insurance rates by allowing insurers to use drivers’ education and...

Posted: Nov 18, 2025

Lockton strengthens Switzerland presence with new offices in Zurich and Geneva

Reinsurance News

Global insurance broker Lockton has announced the establishment of new offices in Zurich and Geneva, strengthening its presence in Switzerland, with Stephan Bachmann appointed CEO of Lockton Switzerland GmbH. The expansion follows years of success...

Posted: Nov 18, 2025

Brockovich Group Sues Over LA Fire Alert Failure in 18 Deaths

Insurance Journal

A communications contractor for Los Angeles County was blamed in a lawsuit for 18 deaths in a January wildfire over its alleged failure to evacuate residents in the path of the inferno. Genasys Inc. was accused of “digital redlining” for...

Posted: Nov 18, 2025

From Data Breaches to Ransomware: How Cyber Insurance is Evolving to Meet Modern Threats

Risk & Insurance

As cyber risks have transformed from data privacy concerns to complex operational threats, insurers like Philadelphia Insurance Companies have adapted their coverage and services to help organizations navigate this challenging landscape. Th...

Posted: Nov 18, 2025

You Think Sensors Are Ubiquitous Now...

Insurance Thought Leadership

You Think Sensors Are Ubiquitous Now... PaulCarroll

Posted: Nov 17, 2025

Has InsurTech Funding Found a Floor?

Carrier Management

Has InsurTech Funding Found a Floor? Two separate r...

Posted: Nov 17, 2025

bolt Launches VTRO to Expand Homeowners Coverage in California

IIR

The MGA-backed offering uses smart sensor technology to reduce water damage and provide broader insurance access in a constrained market.

Posted: Nov 17, 2025

Equisoft and Databricks Launch Analytics Platform for Life Insurers

IIR

The integration aims to help carriers modernize legacy systems and scale AI capabilities for regulatory and operational efficiency.

Posted: Nov 17, 2025

Federato Raises $100 Million to Accelerate AI-Driven Insurance Platform

IIR

Goldman Sachs Alternatives leads Series D round anticipating a shift from legacy core insurance systems to AI-native software.

Posted: Nov 17, 2025

7 Real-World Applications of the ACORD Reference Architecture

IIR

The ACORD Reference Architecture offers insurers structured models that clarify data, capabilities, and processes to advance modernization and operational efficiency.

Posted: Nov 17, 2025