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Synpulse, a consultancy specialising in the financial services sector, is pleased to announce the appointment of Jieke Pan as its new Chief Technology Officer (CTO). With over 20 years of experience in digital transformation, product innovation, a...
Posted: May 09, 2025
The International Holding Company (IHC) is launching a new Abu Dhabi based reinsurer with $1 billion plus of equity capital and partnerships with asset managers BlackRock and Lunate, while Mark Wilson the former CEO of Aviva and AIA Group has been...
Posted: May 09, 2025
Bermuda-domiciled insurer and reinsurer SiriusPoint has promoted Chris Fenn to Global Head of Marine. Additionally, Anthony Grew has been appointed as Head of Cargo effective July 21st, while Giulia Argano will join the Global Claims team as Marin...
Posted: May 09, 2025
India’s risk transfer market is at an inflection point, as reinsurance infrastructure in the country lags the evolution of the rapidly expanding primary insurance market, creating opportunities for new ideas and models, according to Tarun Mathur,...
Posted: May 09, 2025
India’s risk transfer market is at an inflection point, as reinsurance infrastructure in the country lags the evolution of the rapidly expanding primary insurance market, creating opportunities for new ideas and models, according to Tarun Mathur,...
Posted: May 09, 2025
As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks and coverage to get more build for their buck. The new Nationwide Agency Forward Commercial Lines Protection...
Posted: May 09, 2025
JEROME, Fla. (AP) — Florida wildlife officers have killed three black bears in southwest Florida following a fatal attack on a man and a dog a day earlier, officials said Tuesday. DNA samples from the bears and the attack scene …
Posted: May 09, 2025
Starwood Capital has announced the launch of a new division, Starwood Insurance Strategies, which will act as an extension of the company’s $30 billion real asset credit platform. Rob Allard, who has over 27 years of financial industry experience...
Posted: May 09, 2025
California-based insurance brokerage ALKEME announced its acquisition of Becker Benefit Group, an employee benefits agency based in Towson, Maryland. This marks ALKEME’s first acquisition in the state. Becker Benefit Group offers benefits, heal...
Posted: May 09, 2025
Cho Named Coalition’s Head of the West Region Coalition Inc. named Manny Cho as head of its west region. Cho joins Coalition with over three decades of experience in the insurance industry, most recently serving as executive vice president of &...
Posted: May 09, 2025
Cho Named Coalition’s Head of the West Region Coalition Inc. named Manny Cho as head of its west region. Cho joins Coalition with over three decades of experience in the insurance industry, most recently serving as executive vice president of &...
Posted: May 09, 2025
Lloyd’s of London has been told it must pay an extra $800,000 in prejudgment interest on a $2.5 million building fire loss payment to a community bank that it had wrongly denied coverage. A three-judge panel of the Massachusetts Appeals …
Posted: May 09, 2025
The Pennsylvania House of Representatives on Wednesday narrowly passed a measure to legalize recreational use of marijuana with purchases permitted only through shops run by the state. The vote, 102-101, was largely along party lines with Democrats p...
Posted: May 09, 2025
Global insurance broker Hub International Limited announced it has acquired the assets of EB Specialists Inc. dba Guru of Insurance. Guru of Insurance is an employee benefits firm located in King George, Virginia that provides clients in the region w...
Posted: May 09, 2025
The Catholic bishop of a New Jersey diocese said he would no longer oppose a state grand jury investigation of clergy sexual abuse that the church has been fighting behind closed doors in court for years. It’s not clear, however, …
Posted: May 09, 2025
Progressive’s plan to hire 12,000 employees bucks industry norms—and offers a glimpse into what strategic workforce growth looks like in a sector otherwise focused on automation and cost control.
Posted: May 08, 2025
CEO Adam Elster explains how Majesco’s post-privatization transformation has driven cloud adoption, revenue growth, and embedded AI innovation across both P&C and L&A.
Posted: May 08, 2025
Berkshire Shareholders Reject Diversity, AI Proposals Berkshire Hathaway shareholders on...
Posted: May 08, 2025
Lloyd’s Names Tiernan as CEO, Succeeding Neal Who Is Moving to Key Role at Aon Lloyd's, the...
Posted: May 08, 2025
National Transportation Safety Board Vice Chair Unexpectedly Removed From Position The vice chair of th...
Posted: May 08, 2025
Shareholders Sue UnitedHealth Over its Reaction to Backlash From Executive’s Killing UnitedHealth Gr...
Posted: May 08, 2025
Ransomware Claims Stabilized in 2024, Though Still the Costliest Cyberattack The maj...
Posted: May 08, 2025
Liberty Mutual Q1 Net Income Down 33% Liberty Mutual Holding Company Inc. booked...
Posted: May 08, 2025
Root Builds on First Profitable Year With Reversal of Q1 Loss to Start 2025 Root Inc. reported fir...
Posted: May 08, 2025
Less than a month before hurricane season, the acting administrator of the Federal Emergency Management Agency has been fired. A spokesperson with FEMA offered no reason for the dismissal, but confirmed reports that Cameron Hamilton has been removed...
Posted: May 08, 2025
The IPO valued the insurer at about $2.76 billion ahead of its trading debut.
Posted: May 08, 2025
The new solution is powered by Insureon.
Posted: May 08, 2025
Hippo's home insurance program had a gross loss ratio of 121%.
Posted: May 08, 2025
Los Angeles Mayor Karen Bass is navigating one of her city’s most challenging periods in decades. She’s facing a nearly $1 billion budget shortfall, the long recovery from January’s wildfires, and preparations for two of the world&#...
Posted: May 08, 2025
Insurance Business Magazine - US
Posted: May 08, 2025
Insurance Business Magazine - US
Posted: May 08, 2025
Insurance Business Magazine - US
Posted: May 08, 2025
Connecticut-based Paragon Insurance Holdings announced that its specialty media and contingency platform, Reel Media Insurance Services, has acquired WISE Risk, a wholesaler for event-driven and specialty insurance products. WISE Risk, based in Needh...
Posted: May 08, 2025
Indiana Farm Bureau Insurance, headquartered in Indianapolis, Indiana, promoted Chris Zeilinga to agency manager of the Hancock-Henry-Shelby-Rush Agency. Zeilinga joined Indiana Farm Bureau Insurance in 2002 as an agent in Marion County. In 2018, he...
Posted: May 08, 2025
Indiana Farm Bureau Insurance, headquartered in Indianapolis, Indiana, promoted Chris Zeilinga to agency manager of the Hancock-Henry-Shelby-Rush Agency. Zeilinga joined Indiana Farm Bureau Insurance in 2002 as an agent in Marion County. In 2018, he...
Posted: May 08, 2025
Liberty Mutual Holding Company Inc. booked consolidated first quarter 2025 net income of about $1 billion, down about 33% from the same period a year ago. Catastrophe losses for the first three months of 2025—driven by the wildfires in California—wer...
Posted: May 08, 2025
Large European insurer Zurich took advantage of the “favourable price environment” at the April renewals and secured global aggregate reinsurance cover for lower layers, leveraging alternative, collateralised, and traditional capacity,...
Posted: May 08, 2025
Cities across the US are sinking,and the problem is most pronounced in Texas, according to a new study. The research, which examined 28 cities and was published in science journal Nature on Thursday, found all of them were affected by …
Posted: May 08, 2025
Bermuda-domiciled re/insurer Hamilton Insurance Group has reported net income of $81 million for the first quarter of 2025, down considerably on the prior year’s $157 million, as the firm’s underwriting result was hit by the California...
Posted: May 08, 2025
Liberty Mutual Holding Company Inc. (LMHC), a global property and casualty insurer, reported net income attributable to LMHC of $1.025 billion for the first quarter of 2025, down from $1.535 billion in the same period in 2024, as catastrophe losse...
Posted: May 08, 2025
Root Inc. reported first quarter net income of $18.2 million to build off results of 2024—its first profitable year. The net profit for the first three months of 2025 is compared to a net loss of $6.2 million for Q1 …
Posted: May 08, 2025
Root Inc. reported first quarter net income of $18.2 million to build off results of 2024—its first profitable year. The net profit for the first three months of 2025 is compared to a net loss of $6.2 million for Q1 …
Posted: May 08, 2025
Coalition, a cyber insurance provider known for its Active Insurance model that aims to prevent digital threats before they cause harm, has published its 2025 Cyber Claims Report, offering a comprehensive view of cyberattack trends affecting its p...
Posted: May 08, 2025