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Tokio Marine Kiln adds Beresford as an underwriter for its Life Sciences team

Reinsurance News

Tokio Marine Kiln (TMK), an international specialist insurer and part of the Tokio Marine Group, has appointed Adele Beresford as an underwriter within its Life Sciences team, effective immediately. This appointment strengthens TMK’s ability...

Posted: Nov 27, 2025

AM Best upgrades Group Ark Insurance Limited’s Issuer Credit Rating

Reinsurance News

AM Best has upgraded Group Ark Insurance Limited’s (GAIL) (Bermuda) Long-Term Issuer Credit Rating to “a+” (Excellent) from “a” (Excellent) and affirmed its Financial Strength Rating of A (Excellent). GAIL is a wholly owned subsidiary of Ark Insur...

Posted: Nov 27, 2025

TWFG Insurance makes three leadership appointments

Reinsurance News

TWFG Insurance, a personal and commercial insurance US-focused independent distribution platform, has promoted Katherine Nolan to President, Julie Benes to Chief Legal Officer, and hired Mohan Vijayagopal as Chief Technology Officer. This series o...

Posted: Nov 27, 2025

Insurity launches $50M AI-powered Andromeda release

coverager

Insurity launched its Andromeda release as part of a $50M AI investment, adding real-time rating transparency and smarter, automated workflows for carriers and MGAs.

Posted: Nov 26, 2025

U.S. E&S Outlook No Longer Positive: AM Best

Carrier Management

U.S. E&S Outlook No Longer Positive: AM Best AM Best is...

Posted: Nov 26, 2025

Most Consumers Aware and Worried How Litigation Increases Insurance Cost

Carrier Management

Most Consumers Aware and Worried How Litigation Increases Insurance Cost The message appears to be getting through to consumers: Excessive insurance litigation is not good for insurance costs. According to a new survey from the Independent Insurance...

Posted: Nov 26, 2025

More Than 100 Homes Damaged by Tornado Near Houston

Carrier Management

More Than 100 Homes Damaged by Tornado Near Houston More than 100 homes were damaged after a tornado to...

Posted: Nov 26, 2025

Three Swiss Insurers Added to G20 Watchdog Resolution Plan List

Carrier Management

Three Swiss Insurers Added to G20 Watchdog Resol...

Posted: Nov 26, 2025

Cargo Theft Spikes During Thanksgiving Holiday

Carrier Management

Cargo Theft Spikes During Thanksgiving Holi...

Posted: Nov 26, 2025

Illinois Roofing Company Sued for Race and Sex Harassment

Insurance Journal

Anthony Roofing Tecta America LLC and Tecta America Corporation, roofing services providers in Illinois and nationwide, violated federal law when they subjected African American and female employees of their Aurora, Illinois location to race and sex...

Posted: Nov 26, 2025

Tyson Foods’ Decision to Close Nebraska Beef Plant Could Hurt Ranchers Nationwide

Insurance Journal

Tyson Foods’ decision to close a beef plant that employs nearly one third of residents of Lexington, Nebraska, could devastate the small city and undermine the profits of ranchers nationwide. Closing a single slaughterhouse might not seem signi...

Posted: Nov 26, 2025

AM Best keeps outlook for US L/A insurers steady

Reinsurance News

Credit rating agency AM Best continues to hold a stable outlook for the US life and annuity (L/A) insurance sector, citing steady premium growth, strong capital positions, and solid risk-adjusted measures. According to AM Best, these factors under...

Posted: Nov 26, 2025

Tornado Damages More than 100 Homes Near Houston

Insurance Journal

More than 100 homes have been damaged after a tornado touched down in a residential area outside Houston, authorities in Texas said Monday. No injuries were reported. Photos and drone video posted on Facebook by the Harris County Precinct 4 …

Posted: Nov 26, 2025

West Texas County Struggles to Secure Funding for Flood Prevention

Insurance Journal

When it rains here, West Texans brace for the worst. With nowhere to go, water collects across sidewalks, roads and highways — the flat, desert landscape becomes a wetland in the blink of an eye. Local officials in Ector County, …

Posted: Nov 26, 2025

S&P revises Saudi Re’s outlook to positive

Reinsurance News

S&P Global Ratings has revised Saudi Re’s outlook to positive from stable citing improved performance indicators, mainly the company’s strengthening competitive position and robust capital buffers. The rating agency also affirmed its ‘A-...

Posted: Nov 26, 2025

Markets/Coverages: CFC New Tool Helps Brokers Engage SMEs on Cyber

Insurance Journal

Specialist insurer CFC said it has a new tool available to brokers worldwide to help facilitate client conversations and unlock new streams of SME cyber clients. CFC said its new bite-sized Cyber Threat Review reports hone in on the real …

Posted: Nov 26, 2025

HDI Global introduces Cyquins and secures AWS cyber competency partner status

Reinsurance News

HDI Global, an international insurer specialising in commercial and industrial clients, has introduced Cyquins, a new cyber insurance option designed for fast digital evaluation and tailored protection. With a focus on midmarket organisations, Cyq...

Posted: Nov 26, 2025

Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C

Insurance Journal

With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market Intelligence said. In a research report titled, “For U....

Posted: Nov 26, 2025

Aspida Holdings appoints Suzanne Sadlier as Head of Regulatory Affairs

Reinsurance News

Aspida Holdings Ltd., a life insurance and annuity company, has appointed Suzanne Sadlier as Head of Regulatory Affairs. In her new role, Sadlier will oversee regulatory engagement across Aspida’s US, Bermuda, and Cayman platforms. Sadlier has ove...

Posted: Nov 26, 2025

Does Quiet Hurricane Season Mean Lack of Experience for Adjusters?

Insurance Journal

A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—wi...

Posted: Nov 26, 2025

Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam

Insurance Journal

Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million metals scam with the commodity group, as the Indian businessman gave evidence for the first time on Wednesday. Gupta a...

Posted: Nov 26, 2025

ASR’s Syndicate 2454 expands to South Africa alongside regional underwriting buildout

Reinsurance News

Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has launched Syndicate 2454 in South Africa to underwrite insurance and reinsurance risks across the country and neighbouring markets from its base in Sandton. Reader...

Posted: Nov 26, 2025

OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide

Insurance Journal

OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the...

Posted: Nov 26, 2025

Sam Batstone joins Markel’s new Construction & Engineering practice as underwriter

Reinsurance News

Markel International has announced the appointment of Sam Batstone as an Underwriter within its newly launched Construction & Engineering practice. Launched in November 2025, Markel’s Construction & Engineering practice within its internat...

Posted: Nov 26, 2025

Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims

Insurance Journal

Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the Association British Insurers. Insurers uncovered at least 9...

Posted: Nov 26, 2025

UK insurers integrate sustainability as core risk but seek regulatory clarity to drive greater impac...

Reinsurance News

The UK insurance sector is making notable strides in embedding sustainability across investment, underwriting and risk management, according to Insurers for Purpose – Navigating sustainability integration across the insurance sector, a report by P...

Posted: Nov 26, 2025

‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB

Carrier Management

‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB According to The Council of Insurance A...

Posted: Nov 26, 2025

Philadelphia Transit Agency Vows It’s Upgrading Railcars Implicated in Fires

Insurance Journal

Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with federal orders to take measures to help prevent fires in an aging electric railcar model that is heavily used i...

Posted: Nov 26, 2025

DUAL to support biodiversity net gain with new insurance product

Reinsurance News

Specialty insurer DUAL has launched a new insurance product designed to support biodiversity uplift at the Highlands Rewilding Bunloit project in Scotland. This pioneering product aims to help protect habitats impacted by biodiversity loss and ens...

Posted: Nov 26, 2025