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Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Lucy Fraser as Cyber Risk Analyst. The appointment supports TMK’s continued expansion of its cyber risk offerings at a critical time, following a series of high-...
Posted: Jul 24, 2025
Alliant Insurance Services named Stephanie Beach, ASA, MAAA, as Senior Vice President within its employee benefits group, based in Austin, Texas. With more than 25 years of experience advising mid- to large-sized employers, Beach brings extensive exp...
Posted: Jul 24, 2025
Wildfires fueled by soaring temperatures and strong winds across the eastern Mediterranean left a dozen people dead in Turkey and Cyprus. Ten forest workers and search and rescue volunteers were killed in Turkey’s Eskisehir province and 14 othe...
Posted: Jul 24, 2025
Goosehead Insurance, an independent personal lines insurance agency, reported total revenue of $94 million for the second quarter of 2025, up 20% compared to the same period a year prior, alongside an 18% increase in total written premiums to $1.2...
Posted: Jul 24, 2025
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the...
Posted: Jul 24, 2025
Excess underwriters demand double-digit rate hikes for construction casualty while primary coverage remains stable, according to Amwins. The post
Posted: Jul 24, 2025
This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd., the Bermuda-based property, ca...
Posted: Jul 24, 2025
A cyber-espionage campaign centered on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis and threat intellige...
Posted: Jul 24, 2025
MAPFRE RE, the reinsurance and global risk arm of Madrid-based insurer MAPFRE, has announced its H1 2025 financial results, reporting an increase in its combined ratio of 0.7 percentage points to 95.9% amid the costly California wildfires. The ini...
Posted: Jul 24, 2025
A video showing Florida deputies punching and dragging a Black man from his car during a traffic stop has sparked nationwide outrage, with civil rights lawyers accusing authorities of fabricating their arrest report. The footage shows that William Mc...
Posted: Jul 24, 2025
Hagerty, a specialty automotive insurer, has entered into a non-binding letter of intent (LOI) for a new fronting arrangement with Markel, marking a significant evolution in its successful partnership. Hagerty provides specialty vehicle insurance,...
Posted: Jul 24, 2025
MS Amlin, the Lloyd’s global re/insurer, announced the appointment of Christiern Dart as chief executive officer (CEO). Dart, previously group chief underwriting officer (CUO) at Brit, will take up the role in January 2026, subject to regulator...
Posted: Jul 24, 2025
A fire that killed 10 people at a Massachusetts assisted-living facility was unintentionally caused by either someone smoking or an electrical issue with an oxygen machine, investigators said Tuesday. The state’s deadliest blaze in more than fo...
Posted: Jul 24, 2025
Bermuda-based insurer and reinsurer Everest Group has promoted Jill Beggs to Executive Vice President (EVP) and Chief Executive Officer (CEO) of Reinsurance, following her appointment as Chief Operating Officer (COO) of the reinsurance arm early l...
Posted: Jul 24, 2025
Selective Insurance Group has announced its financial results for the second quarter of 2025, reporting net income growth to $83.6 million from $65.6 million in the same period last year, 12% increase in net premiums written (NPW) and an improved...
Posted: Jul 24, 2025
Accelerant Holdings, a technology-driven insurance platform that partners with underwriters and MGAs across the globe, has announced the pricing of its upsized initial public offering (IPO). The company is now offering a total of 34,461,152 Class...
Posted: Jul 24, 2025
The Prudential Regulation Authority (PRA) has published Policy Statement (PS) 9/25, setting out its final policy and feedback to CP15/24 on proposed reforms to the UK Insurance Special Purpose Vehicle (UK ISPV) regulatory framework, marking a key...
Posted: Jul 24, 2025
Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage business of Marsh McLennan. The &...
Posted: Jul 24, 2025
McGill and Partners, a specialist insurance and reinsurance broker, has announced the appointment of Julia Henderson as Partner and CEO of its Bermuda business. The firm also announced that George Cantlay, currently part of the global treaty reins...
Posted: Jul 24, 2025
For the latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC) and Darren Powell, CUO of Pinpoint UK, to hear their plans for the new MGA and how progress has been so far as...
Posted: Jul 24, 2025
Pension Insurance Corporation plc (PIC), a specialist insurer focused on defined benefit pension schemes, has completed a £40 million buy-in with the Institution of Mechanical Engineers Pension Scheme, with the transaction securing the pensions of...
Posted: Jul 24, 2025
Third Point LLC (TPIL ), the New York based alternative asset manager, is moving forward with its proposed acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform, and has announced an update regarding the improved term...
Posted: Jul 24, 2025
All Good Things Come to an End: U.S. P/C I...
Posted: Jul 24, 2025
Probitas Managing Agency has revealed that the AdA SPA 2024 will transition to full Syndicate status for the 2026 year of account, following ‘In Principle’ Lloyd’s approval. The AdA Syndicate, which will remain under the management of Probitas Man...
Posted: Jul 24, 2025
Chinese-made engines are being covertly shipped via front companies to a state-owned drone manufacturer in Russia, labeled as “industrial refrigeration units” to avoid detection in the wake of Western sanctions, according to three Europea...
Posted: Jul 24, 2025
Global commercial insurance pricing dropped by an average of 4% in the second quarter of 2025, according to the latest Global Insurance Market Index from Marsh, an insurance broker and risk advisor and a business of Marsh McLennan. This marks the...
Posted: Jul 24, 2025
Lloyd’s global insurer and reinsurer, MS Amlin, has announced that Christiern Dart will take over as Chief Executive Officer (CEO) of the company in January 2026, succeeding Andrew Carrier who has decided to retire from the role after three...
Posted: Jul 24, 2025
The United Nations’ highest court on Wednesday told wealthy countries they must comply with their international commitments to curb pollution or risk having to pay compensation to nations hard hit by climate change. In an opinion hailed by smal...
Posted: Jul 24, 2025
Bermuda-based reinsurer RenaissanceRe (RenRe) has posted underwriting income of $601.7 million for the second quarter of 2025, with an overall combined ratio of 75.1%, compared to $479.3 million and 81.1% respectively, in the second quarter of 202...
Posted: Jul 24, 2025
Republican U.S. Rep. Jim Jordan was among those questioned under oath this month about the sexual abuse of Ohio State University athletes decades ago by a team doctor, according to a court filing. Jordan’s deposition Friday came in a federal &#...
Posted: Jul 24, 2025
Lockton Re, the reinsurance business of the independent insurance broker, has appointed Jim Franson as North America Chairman. Jim Franson joins Lockton Re with over 35 years of re/insurance experience, having most recently served as President at...
Posted: Jul 24, 2025
A lawyer for the maker of the video game Call of Duty argued last week that a judge should dismiss a lawsuit brought by families of the victims of the Robb Elementary School attack in Uvalde, Texas, saying the contents …
Posted: Jul 24, 2025
Fitch Ratings, a credit rating agency, says the UK government’s proposed overhaul of rules governing insurance-linked securities (ILS) and captive insurance will not immediately affect the credit quality of London market insurers. While the...
Posted: Jul 24, 2025
No minimum qualifications for local emergency management coordinators. No easy way to know if local officials are getting weather warnings. Difficulty getting all first responders on the same radio communication channel. And the bodies of flood victi...
Posted: Jul 24, 2025
No minimum qualifications for local emergency management coordinators. No easy way to know if local officials are getting weather warnings. Difficulty getting all first responders on the same radio communication channel. And the bodies of flood victi...
Posted: Jul 24, 2025
Westfield, a US-based property and casualty insurer, has appointed Dan Thomas as Senior Vice President (SVP), Chief Actuary, to strengthen the company’s risk insight, capital strategy, and predictive capabilities. In his new executive role, Thomas...
Posted: Jul 24, 2025
Shopping slowed, but switching endures. That’s according to a recent report from J.D. Power, assessing insureds’ shopping habits for auto, home and renters’ insurance in Q2 2025. Overall shopping declined this quarter after setting...
Posted: Jul 24, 2025
The global middle market and small commercial is where its at for Chubb, according to its CEO. “The pattern of growth and opportunity continues,” Evan G. Greenberg said on a call with analysts to discuss Q2 earnings. “It’s whe...
Posted: Jul 24, 2025
After two years of litigation, maneuvering and negotiating, insurance companies once owned by convicted North Carolina businessmen Greg Lindberg may soon see some recovery of the millions in assets that Lindberg allegedly siphoned away. A federal jud...
Posted: Jul 24, 2025
Governor Phil Murphy has signed legislation directing the New Jersey Motor Vehicle Commission to create digital driver’s licenses and digital non-driver identification cards. Digital driver’s licenses, known as mobile driver’s licen...
Posted: Jul 24, 2025
The U.S. Department of Labor is aiming to rewrite or repeal more than 60 “obsolete” workplace regulations, ranging from minimum wage requirements for home health care workers and people with disabilities to standards governing exposure to...
Posted: Jul 24, 2025
The widow of an East Hartford police officer who committed suicide on the job is not entitled to survivorship benefits under the state’s workers’ compensation law, a Connecticut appeals court has ruled. The case involved Patricia Buchanan...
Posted: Jul 24, 2025
The widow of an East Hartford police officer who committed suicide on the job is not entitled to survivorship benefits under the state’s workers’ compensation law, a Connecticut appeals court has ruled. The case involved Patricia Buchanan...
Posted: Jul 24, 2025
Southern California Edison will set up a program to compensate victims of a deadly Los Angeles wildfire that it has acknowledged may be linked to the company’s electrical equipment. The utility, owned by Edison International, said the voluntary...
Posted: Jul 24, 2025
A tanker truck crashed into a creek on Washington’s Olympic Peninsula last Friday, spilling fuel into a tributary of a river where salmon runs were recently restored after a decades-long fight to remove its dams. A spokesperson for Gov. Bob ...
Posted: Jul 24, 2025
CRC Group, a wholesale specialty insurance distributor in North America, has published the Q2 2025 update of its Property REDY Index. The Index offers a monthly analysis of renewal pricing trends using data collected across CRC’s property book. Bu...
Posted: Jul 24, 2025
In response to the recent tragic fire at Gabriel House in Fall River, Massachusetts Governor Maura Healey announced steps to enhance the safety of residents living in the state’s 273 assisted living residences (ALRs). “What happened in Fa...
Posted: Jul 24, 2025
In response to the recent tragic fire at Gabriel House in Fall River, Massachusetts, the state announced new measures to enhance the safety of residents living in the state’s 273 assisted living residences (ALRs). “What happened in Fall R...
Posted: Jul 24, 2025
This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Pete, Jared, and host Nicole return to discuss the ongoing surge in strategic cargo theft. A recent six-month investigation by CNBC …
Posted: Jul 23, 2025