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Munich Re Chairman Wenning to Retire at Year-End, Succeeded by Jurecka

Insurance Journal

Munich Re has named Dr. Christoph Jurecka (50) as chairman with effect from Jan. 1, 2026, succeeding Dr. Joachim Wenning (60), who has decided to retire at the end of the year. Jurecka has been with the group since 2011, …

Posted: Jul 23, 2025

Weather-Related Losses Cause AM Best to Revise Brethren Mutual’s Outlooks

Insurance Journal

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Brethren Mutual Insurance Co. in Hagerstown, Maryland. AM Bes...

Posted: Jul 23, 2025

Man Charged With Arson Over Fires That Damaged 11 NY Police Vehicles

Insurance Journal

A man with a history of arrests at pro-Palestinian protests was charged Monday with setting fire to 11 New York City police vehicles last month. Jakhi McCray, 21, of Brooklyn pleaded not guilty to arson in U.S. District Court. A …

Posted: Jul 23, 2025

Ex-NYPD Commissioner Targets Mayor Adams in $10 Million Defamation Claim

Insurance Journal

New York City’s former interim police commissioner has filed a $10 million defamation claim against Mayor Eric Adams for reportedly suggesting he was mentally unfit for the job of top cop. The filing comes less than a week after the …

Posted: Jul 23, 2025

Jurecka to take over from Wenning at helm of Munich Re

Reinsurance News

Global reinsurer Munich Re has announced the appointment of Dr. Christoph Jurecka, currently the company’s Chief Financial Officer (CFO), as Chair of the Board of Management, succeeding Dr. Joachim Wenning, who is set to retire. According to the a...

Posted: Jul 23, 2025

Andrew Laing named Head of PartnerRe Capital Management

Reinsurance News

Bermuda-based reinsurer PartnerRe has announced the appointment of Andrew Laing as Head of PartnerRe Capital Management, effective October 1st, 2025. Laing will succeed Andrew Hughes, who is leaving the company after more than four years of servic...

Posted: Jul 23, 2025

IUA urges legal reform to enable growth of aviation technologies

Reinsurance News

The International Underwriting Association (IUA), which represents London Market insurers and reinsurers, is urging legal reform to support the safe and effective introduction of next-generation aviation technologies. The group says that while ins...

Posted: Jul 23, 2025

HDI Global Canada names Derek Reedie as Head of Engineering & Construction

Reinsurance News

HDI Global Canada has announced the appointment of Derek Reedie as Head of Engineering and Construction. In this role, Reedie will lead insurance solutions for complex infrastructure and industrial projects. He brings over 25 years of industry exp...

Posted: Jul 23, 2025

Santam receives approval to launch UK-based Lloyd’s syndicate

Reinsurance News

Santam Limited, one of South Africa’s general insurers, has received in-principle approval from Lloyd’s of London—a re/insurance marketplace—to establish a Lloyd’s syndicate in the United Kingdom. This approval is subject to Santam meeting Lloyd’s...

Posted: Jul 23, 2025

Specialize in Restaurant Risk Management: Risk & Insurance Education Alliance Launches New RiskPRO C...

Insurance Journal

Austin, TX., July 23, 2025 — The Risk & Insurance Education Alliance is proud to announce the launch of the Restaurant RiskPRO Certification, the latest specialized program in its innovative RiskPRO Certification Series. Designed specifical...

Posted: Jul 23, 2025

DARAG Group expands UK claims services through new partnership with Unipol Assicurazioni

Reinsurance News

DARAG Group, a legacy acquirer with a focus on the European market, has signed a service agreement with Italian insurer Unipol Assicurazioni S.p.A. (Unipol). Unipol Assicurazioni is the parent company of the Unipol Group, one of the larger insuran...

Posted: Jul 23, 2025

Chubb posts record P&C underwriting income of $1.63bn in Q2’25

Reinsurance News

Chubb has reported that property and casualty (P&C) underwriting income was a record $1.63 billion in Q2 2025, up 15% from the same period of 2024, with an improved combined ratio of 85.6%. Meanwhile, the firm’s Q2 2025 net income was $2...

Posted: Jul 23, 2025

Westfield Specialty posts 89.4% CoR and underwriting income of $58m in H1’25

Reinsurance News

Westfield Specialty, a global specialty insurance carrier, has reported a combined ratio of 89.4% and underwriting income of $58 million for the first half of 2025, which are “well ahead of planned results”. According to the insurer, i...

Posted: Jul 23, 2025

NTSB Blames Cellphone Distraction for Mississippi River Barge Collision

Insurance Journal

A tow pilot’s distraction caused by personal cellphone use resulted in a collision last year with moored barges on the lower Mississippi River, the National Transportation Safety Board said last week. The towing vessel William B Klunk was pushi...

Posted: Jul 23, 2025

QBE North America Introduces AI-Focused Cyber Coverages

Carrier Management

QBE North America Introduces AI-Focused Cyber Coverages QBE North America ann...

Posted: Jul 23, 2025

QBE NA promotes Atkinson to President of NAU Country Insurance Company

Reinsurance News

QBE North America (QBE NA), part of the global insurer QBE, has promoted Jordan Atkinson to President of NAU Country Insurance Company, effective August 18th, 2025. He succeeds long-serving NAU Country President, Jim Korin, who announced his inten...

Posted: Jul 23, 2025

World Court Is Poised to Mark Future Course of Climate Litigation

Insurance Journal

The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges of the International Court...

Posted: Jul 23, 2025

Texas Senate Doubles Down on THC Ban

Insurance Journal

The Texas Senate is doubling down with its attempt to ban hemp-derived THC, setting up another showdown with the House, where lawmakers are more amenable to regulating the substance than eliminating it from recreational use. Senate Bill 5 by Sen. &#8...

Posted: Jul 23, 2025

S&P: Toa Re’s operating performance shows clear signs of recovery

Reinsurance News

S&P Global Ratings, a credit rating agency, has affirmed its A/Stable ratings on Toa Reinsurance Group’s core subsidiaries, reflecting a firm view that the group’s operating performance is improving, with signs of profitability returning after...

Posted: Jul 23, 2025

Big I: Independent Agencies’ Market Share Shows Small Decline

Insurance Journal

The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. That’s according to the 2025 Mar...

Posted: Jul 23, 2025

Italy’s Top Court Says Climate Case Against Eni Can Continue

Insurance Journal

A climate change case against Italian energy group Eni can continue, the country’s top appeals court has ruled, in a jurisdiction case that had been raised by environmental groups Greenpeace Italia and ReCommon. The judgment, which the two orga...

Posted: Jul 23, 2025

AI Should Run on 100% Renewable Energy by 2030, UN Chief Says

Insurance Journal

Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling, Guterres said Tuesday in New York...

Posted: Jul 23, 2025

‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors

Insurance Journal

The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity providers. President and Chief Execu...

Posted: Jul 23, 2025

11th Circuit Upholds $1.75M Verdict Against Church Mutual on Georgia Roof Claim

Insurance Journal

Central Baptist Church of Albany, Georgia, suffered roof damage during a hailstorm in 2014. Its insurance carrier, Church Mutual Insurance, determined that the roof had only minor damage that could be repaired. It offered $2,300 for the work. After t...

Posted: Jul 23, 2025

People Moves: Wolfenberger Joins Alliant as VP in California

Insurance Journal

Steve Wolfenberger joined Alliant Insurance Services, headquartered in Irvine, California, as vice president within its employee benefits group. Based in California, Wolfenberger focuses on delivering customized benefits strategies for mid-sized empl...

Posted: Jul 23, 2025

Heffernan Insurance Brokers Acquires Pac Global Insurance Brokerage, Inc.

Insurance Journal

Heffernan Insurance Brokers has acquired Pac Global Insurance Brokerage and formally added marine cargo expertise to its suite of services. Located in El Segundo, California, Pac Global joined as Heffernan’s marine cargo specialty practice on A...

Posted: Jul 23, 2025

Novatae appoints Anju Arora VP of data, business intelligence & innovation

Reinsurance News

Novatae Risk Group, a managing general agent (MGA) and underwriting manager, has announced the appointment of Anju Arora as Vice President of data, business intelligence and innovation, a newly created role. Arora has been tasked with driving Nova...

Posted: Jul 23, 2025

New Hampshire Gunmaker Immunity Law Could Factor Into Sig Sauer Lawsuit

Insurance Journal

A 2-month-old law in New Hampshire that makes it harder to sue gunmaker Sig Sauer was discussed in court Monday, but it hasn’t yet been incorporated into the latest case accusing the company of negligence. Attorneys for Sig Sauer argue …

Posted: Jul 23, 2025

Homes Charred to Rubble in LA Fires Are Given New Life Through Recycling

Insurance Journal

Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and...

Posted: Jul 23, 2025

8th Circuit Upholds Verdict Against Nebraska Trucking Company in ADA Violation Case

Insurance Journal

The 8th U.S. Circuit Court of Appeals affirmed a judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) and against Omaha, Nebraska-based Werner Trucking on July 10, the EEOC announced last week. The EEOC’s lawsuit alleged...

Posted: Jul 22, 2025

Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Insurance Journal

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting income was up 15% …

Posted: Jul 22, 2025

Neutrinos Unveils AI Agent Library for Insurers

IIR

The enterprise-ready library includes more than 50 AI agents designed to streamline insurance operations across claims, underwriting, servicing, and distribution.

Posted: Jul 22, 2025

AXA XL Names Ed Totten Head of Construction Casualty

IIR

Totten assumes leadership of both primary and excess casualty lines as AXA XL consolidates its construction insurance offerings.

Posted: Jul 22, 2025

Duck Creek Finds Its Voice for the AI Era

IIR

With the appointment of Tyler Jones as CMO, the prominent core systems provider plans to raise its profile in cloud and AI.

Posted: Jul 22, 2025

AXA XL consolidates casualty insurance for contractors

coverager

Totten brings over 20 years of construction and casualty insurance experience to his new role.

Posted: Jul 22, 2025

Aviva launches enhanced freight liability insurance

coverager

The updated proposition now offers greater flexibility.

Posted: Jul 22, 2025

High tech/high touch: reimagining the future of insurtech

coverager

This article was originally published via Business Reporter. Find the original article here.  In a rapidly evolving industry, designing a future of insurtech where agents remain at the heart of...

Posted: Jul 22, 2025

Quility Expands Pathfinder, Brings First-of-Its-Kind Illustration Tool to Market

coverager

Quility has enhanced its illustration software, Quility® Pathfinder™.

Posted: Jul 22, 2025

Native introduces Native Risk Collective

coverager

The new initiative is backed by Lloyd’s underwriters Mosaic Insurance and Chaucer Group.

Posted: Jul 22, 2025

Counterpart launches allied healthcare product

coverager

The MGA shared that it placed more than 20,000 policies through its network of over 2k brokers.

Posted: Jul 22, 2025

Lawsuit Says Clorox Hackers Got Passwords Simply by Asking

Insurance Journal

Bleach maker Clorox said Tuesday it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company’s staff for employees’ passwo...

Posted: Jul 22, 2025

Authors Suing Anthropic Can Band Together in Copyright Suit, Judge Rules

Carrier Management

Authors Suing Anthropic Can Band Together in Copyright Suit, Judge R...

Posted: Jul 22, 2025