All Posts

Nasent makes strategic investment in Sephira to broaden service offering

Reinsurance News

Financial services provider Nascent Group has made a strategic investment in Sephira Risk Solutions, a European-based global risk and actuarial consulting firm. According to Nascent, this investment establishes a partnership between the two firms...

Posted: Oct 07, 2025

Jaguar Land Rover Bailout Shows Rising Cost of Cybercrime

Insurance Journal

Navarro Jordan ordered his Land Rover Defender in August. On Aug. 15, Jordan, who lives in Los Angeles, got a notification that it had been assembled, and soon after, that it was ready and waiting to be shipped. Then the …

Posted: Oct 07, 2025

Oneglobal acquires Bermuda-based Life and Annuity Services

Reinsurance News

Oneglobal Broking, an independent Lloyd’s broker backed by JC Flowers, has announced the acquisition of Life and Annuity Services, a Bermuda-based specialist. The acquisition, which is subject to regulatory approval, marks a key milestone in...

Posted: Oct 07, 2025

Africa Specialty Risks names Tunu Sokiri as COO

Reinsurance News

Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has appointed Tunu Sokiri as Chief Operations Officer, overseeing all operational and technology functions across the firm. In particular, he will lead the transformation a...

Posted: Oct 07, 2025

MSIG USA appoints Erika Shalette as General Counsel

Reinsurance News

MSIG USA, a provider of specialty commercial insurance, has appointed Erika Shalette as General Counsel, reporting to Kent Ziegler, the firm’s Chief Financial Officer and Chief Administrative Officer. In her new role, she will oversee all le...

Posted: Oct 07, 2025

ADAS technology to have significant impact on auto insurance industry: Evercore ISI

Reinsurance News

Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although, autonomous could have greater ramifications longer-term, according to...

Posted: Oct 07, 2025

People Moves: Keebler, Justice Join CFC’s New US-Based Cyber Development Team

Insurance Journal

CFC, with U.S. headquarters in New York City, created a new U.S.-based cyber development team and appointed leadership. John Keebler joins the business as its new national cyber development leader, USA, based in Chicago, Illinois. Working closely wit...

Posted: Oct 07, 2025

Lazard appoints Cyrille Cotte as MD & Head of Insurance Europe

Reinsurance News

Financial advisory and asset management firm Lazard has announced the appointment of Cyrille Cotte as Managing Director and Head of Insurance for its European Financial Institutions Group (FIG). Based in London, Cotte will work across Europe with...

Posted: Oct 07, 2025

Indonesian re/insurers’ higher equity thresholds to accelerate consolidation: Fitch

Reinsurance News

Fitch Ratings expects that higher minimum equity thresholds for Indonesian insurers and reinsurers will accelerate market consolidation, as weaker insurers may seek additional capital to meet the tougher requirements or become acquisition targets....

Posted: Oct 07, 2025

US Tariffs on Heavy Truck Imports to Begin Nov. 1, Says Trump

Insurance Journal

President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries. The proposal has been subject to an intense lobbying campaign by Detroit&#8...

Posted: Oct 07, 2025

Viewpoint: How Transactional Risk Insurance Became Essential for M&A Certainty

Insurance Journal

Mergers and acquisitions (M&A) are rarely simple. Even in buoyant deal environments, uncertainties around valuation, regulatory approval, or contingent liabilities can derail negotiations at the eleventh hour. Over the past decade, transactional...

Posted: Oct 07, 2025

Canada’s Gifford Carr Wings Into Florida With Acquisition of Omni One Agency

Insurance Journal

It’s often insureds who come to Florida from Canada before winter sets in. But this week, it’s an Ottawa-based insurance brokerage that has moved into the Sunshine State with the acquisition of a Cape Coral firm. Gifford Carr Insurance Gr...

Posted: Oct 07, 2025

Honeywell Offloads Inherited Asbestos Liabilities

Insurance Journal

Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix asbestos liabilities, to corporate liability acquisition platform Delticus. The company is streamlining operations, with a plan to...

Posted: Oct 07, 2025

People Moves: CAP Names Cavanaugh Senior Vice President of Business Development

Insurance Journal

The Cooperative of American Physicians, Inc. promoted Daniel Cavanaugh to senior vice president of business development. Cavanaugh was named vice president of CAP membership development in 2018. As senior vice president, he leads a new business unit...

Posted: Oct 07, 2025

Eman Mojali named CEO of MADA Insurance and Reinsurance Brokers

Reinsurance News

MADA Insurance and Reinsurance Brokers Company has announced the appointment of Eman Mojali as its new Chief Executive Officer (CEO). Based in Manama, Bahrain, MADA Insurance and Reinsurance Brokers is a local intermediary with a team of experienc...

Posted: Oct 07, 2025

Generative AI Implementation Requires Strategic Balance of Innovation and Data Security

Risk & Insurance

New research outlines five critical implementation considerations organizations must address to harness AI benefits while mitigating privacy, accuracy, and transparency risks. The post

Posted: Oct 06, 2025

Car Makers Take a Dangerous Turn

Insurance Thought Leadership

Car Makers Take a Dangerous Turn PaulCarroll

Posted: Oct 06, 2025

Balavant acquired TIMBY Specialty

coverager

The acquisition expands Balavant’s inland and ocean marine presence and supports its goal of building a modern MGA platform.

Posted: Oct 06, 2025

SiriusPoint announces sale of Arcadian MGA for $139 million

coverager

The deal is expected to close prior to the end of the first quarter of 2026.

Posted: Oct 06, 2025

Abacus acquires AccuQuote

coverager

AccuQuote has helped nearly 350,000 families secure coverage.

Posted: Oct 06, 2025

Insurance Office of America secures investment from Madison Dearborn Partners

coverager

Financial terms of the transaction were not disclosed.

Posted: Oct 06, 2025

Itasca MGA provides aircraft finance insurance to Jeju Air

coverager

Jeju Air is South Korea’s first low-cost carrier.

Posted: Oct 06, 2025

Tim Quick of Swiss Re Elected President of ICA

IIR

The International Claim Association named the Swiss Re executive to lead its board following the 2025 Annual Education Conference in New Orleans.

Posted: Oct 06, 2025

Meanwhile Raises $82 Million for Bitcoin Life Insurance Expansion

IIR

The Bermuda-regulated insurer secured funding from global investors to broaden access to Bitcoin-denominated life insurance, annuities, and savings products.

Posted: Oct 06, 2025

Ivans Expands Ivans Insights to Deliver New Premium Intelligence

IIR

New Benchmarks capability provides carriers with market-level visibility into homeowners and dwelling fire policy pricing.

Posted: Oct 06, 2025

AIG’s Bailey to Retire; New Leadership Structure for NA Commercial Team

Carrier Management

AIG’s Bailey to Retire; New Leadership Structure for NA Commercial Team American International Group announce...

Posted: Oct 06, 2025

IBHS Study Shows Smaller Hail May Be More Damaging to Roofs Than Once Believed

Carrier Management

IBHS Study Shows Smaller Hail May Be More Damaging to Roofs Than Once Believed A study by the Insuranc...

Posted: Oct 06, 2025

Florida Roller Coaster Complaints Prompt Questions About Universal’s Response After Death

Carrier Management

Florida Roller Coaster Complaints Prompt Questions About Universal’s Response After Death Multiple peo...

Posted: Oct 06, 2025

Hedge Funds Targeting Fire Insurance Hit a Wall in California

Carrier Management

Hedge Funds Targeting Fire Insurance Hit a Wall in California Hedge funds speculating on wildfire insurance cl...

Posted: Oct 06, 2025