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Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced it has entered into an agreement to acquire London-based broker City Quarter Brokers. Established in 2018, City Quarter Brokers is an indepe...
Posted: Aug 12, 2025
Premium growth of 13.2% at midyear 2025 reported by stamping offices reflects E&S industry's expanding role as alternative coverage solution, the Wholesale & Specialty Insurance Association reports. The post
Posted: Aug 12, 2025
Privately held insurance brokerage Lockton has made a range of national leadership appointments to reinforce its commitment to key industries, reportedly expanding its expertise and industry focus. Namely, Matthew Payne has been named U.S. Transpo...
Posted: Aug 12, 2025
Finland’s national prosecutor’s office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December. The Georgian...
Posted: Aug 12, 2025
Canada Life Reinsurance has posted “outstanding” Q2 2025 results, according to its CEO, delivering $229 million in base earnings for the quarter, marking a 9% increase over the same period last year. The strong performance builds on the firm’s rob...
Posted: Aug 12, 2025
Hannover Re, one of Europe’s big four reinsurance companies, has achieved year-to-date growth in traditional treaty renewals of 5.4%, with one of the key drivers being underlying expansion of the firm’s ceding companies, while the carr...
Posted: Aug 12, 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has promoted Richard Barke to CEO of its Insurance Solutions division. In his new role, Barke will oversee operations and shape the division’s growth...
Posted: Aug 12, 2025
Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the second quarter of 2025, with underwriting income rising 119.1% to $9.6 million from $4.4 million in the prior-year period, alongside an improved combined ra...
Posted: Aug 12, 2025
Wildfires briefly shut the Dardanelles Strait to shipping on Monday evening, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia &#...
Posted: Aug 12, 2025
Wildfires briefly shut the Dardanelles Strait to shipping on Monday, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia — …
Posted: Aug 12, 2025
Wildfires briefly shut the Dardanelles Strait to shipping on Monday, as extreme heat and strong winds fueled blazes across the Mediterranean. The Dardanelles — a vital maritime chokepoint for oil and gas from the Black Sea and Central Asia — …
Posted: Aug 12, 2025
Swiss Re Corporate Solutions (CorSo), the commercial insurance arm of reinsurance giant Swiss Re, has appointed Preeti Sawalani as Head of Customer and Distribution Management, Southeast Asia (SEA), effective September 1st, 2025. In her new role,...
Posted: Aug 12, 2025
Atrium, an insurance group operating within Lloyd’s market, has announced the appointment of Rob James as an Underwriter in its Aviation division. Atrium provides tailored insurance solutions across various specialty sectors, including aviation. J...
Posted: Aug 12, 2025
Pension Insurance Corporation, a specialist insurer of defined benefit pension schemes, has concluded a £36 million buy-in with the Helaba (London) Pension and Life Assurance Plan, covering the pensions of all 156 members. Helaba Group is a commer...
Posted: Aug 12, 2025
TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide...
Posted: Aug 12, 2025
Life and health reinsurer Pacific Life Re has appointed Wallace Ong to the newly created role of Head of Business Proposition and Enablement, Protection, Asia, while Spenser Chen succeeds him as Head of South East Asia (SEA), Protection, Asia. The...
Posted: Aug 12, 2025
European reinsurer Hannover Re has reported a 3.3% rise in gross reinsurance revenue to €13.3 billion for the first half of 2025, with solid revenue growth in property and casualty (P&C) more than offsetting a slight contraction in life and he...
Posted: Aug 12, 2025
Swiss Re AG issued guidance for underwriters on how to assess life insurance applications of people who show signs of using medications for longevity purposes. Metformin, traditionally used to manage type 2 diabetes, and rapamycin, an immunosuppressa...
Posted: Aug 12, 2025
Typhoon Podul is expected to intensify as the system tracks toward southern Taiwan, bringing heavy rain and damaging wind gusts before making landfall on Wednesday. The typhoon was 730 kilometers (454 miles) southeast of Taitung City, packing top sus...
Posted: Aug 12, 2025
Eight of Taiwan’s southern and eastern regional governments decided to shut down schools and offices because of typhoon Podul, which is expected to reach the island on Wednesday, bringing heavy rain and damaging wind gusts. The typhoon was 460...
Posted: Aug 12, 2025
Send Technology Solutions Ltd (Send), a provider in the insurtech space, has named Laura Wathen as its Chief Financial Officer (CFO) as the company prepares for its next stage of global growth. Wathen previously held the CFO role at fintech platfo...
Posted: Aug 12, 2025
Global insurer Chubb has announced the promotion of Steve Haney to President and Chief Underwriting Officer (CUO) of Global Surety. In this role, Haney will have executive operating responsibility for strategy, underwriting, and profit and loss (P...
Posted: Aug 12, 2025
“Are you being serious?” Christopher Swift, chair and chief executive officer of The Hartford, was taken aback by a question from an analyst during the company’s second-quarter earnings call about the impact of litigation finance on...
Posted: Aug 12, 2025
Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice’s first public enforcement action of a federal anti-bribery law it resumed enforcing in June. In...
Posted: Aug 12, 2025
PALM COAST, Fla. (AP) — A Florida woman is accused of posing as a licensed nurse and giving medical care to thousands of patients, authorities said. Autumn Marie Bardisa, 29, of Palm Coast, participated in medical services involving 4,486 people R...
Posted: Aug 12, 2025
The South Carolina Department of Insurance has proposed new rates for credit property insurance, holding the rate steady for household goods but reducing rates for other categories for 2026. Because rate decreases in recent years do not appear to hav...
Posted: Aug 12, 2025
Florida-based Legacy Risk Solutions, a network of independent insurance agencies, has merged with PointeNorth Insurance Group, bringing more options for agents in commercial and personal lines. The combined firm will operate as Legacy Risk Solutions,...
Posted: Aug 12, 2025
Florida-based Legacy Risk Solutions, a network of independent insurance agencies, has merged with PointeNorth Insurance Group, bringing more options for agents in commercial and personal lines. The combined firm will operate as Legacy Risk Solutions,...
Posted: Aug 12, 2025
The founder of a Florida-based neo-Nazi group has been sentenced to 20 years in federal prison for conspiring with his girlfriend to plan an attack on Maryland’s power grid in furtherance of their shared racist beliefs. Brandon Russell, 30, was...
Posted: Aug 12, 2025
The Federal Aviation Administration said on Friday it is proposing to extend flight cuts at Newark, one of the three main airports serving the New York City-area, through October 2026 as it continues to face air traffic controller shortage and …...
Posted: Aug 12, 2025
According to findings from Aon’s 2025 Cyber Risk Report, cyber incidents in the Asia Pacific (APAC) region in 2024 rose by 29% year-over-year, and have increased by 134% since 2020. The insurance and reinsurance broker’s report reveals...
Posted: Aug 12, 2025
A Colorado prison was evacuated as one of the largest wildfires in state history continued to grow, and officials warned residents of remote areas to be ready to leave Sunday as gusty winds and low humidity fed the flames. Evacuation …
Posted: Aug 12, 2025
With President Donald Trump set to ax a key electric vehicle tax credit next month, California Governor Gavin Newsom has yet to advance his highly touted proposal to restart the state’s own EV subsidies, according to people familiar with the &#...
Posted: Aug 12, 2025
Are two AIGs better than one? In outlining the work at American International Group (AIG) to integrate generative artificial intelligence, CEO Peter Zaffino said AIG’s intent is to “create a digital twin of our business.” The “...
Posted: Aug 11, 2025
Paul King, President of MyMatrixx by Evernorth, outlines how to integrate advanced tech and clinical precision to elevate PBMs in a complex regulatory landscape. The post
Posted: Aug 11, 2025
Why Experts Say States Need to Get in the Business of Floodplain Buyouts As flooding becomes an...
Posted: Aug 11, 2025
JMI has invested in more than 190 software companies and completed more than 120 exits totaling $11 billion in distributions.
Posted: Aug 11, 2025
The coverage is ideal for owners and contractors with project pipelines comprising multiple individual projects in excess of $250 million.
Posted: Aug 11, 2025
We sat down with the Senior Director of Sales for our Quility Wholesale Team, Cary Ruplinger, to hear an inspiring story detailing how he found coverage for a client who was denied by six different carriers.
Posted: Aug 11, 2025
This transaction will lower interest costs and the Term Loan B repricing will result in expected gross annualized savings of approximately $8 million per year.
Posted: Aug 11, 2025
Marsh collaborated with D&O insurers to develop a tailored policy enhancement to clients’ traditional D&O programs that covers their indemnification obligations to investment banks.
Posted: Aug 11, 2025
One person was killed and at least 10 others hospitalized with injuries after an explosion at a U.S. Steel plant outside of Pittsburgh on Monday. According to Allegheny County Emergency Services, the explosion happened inside a battery operating area...
Posted: Aug 11, 2025
Two workers were killed and at least 10 other people hospitalized with injuries after an explosion at a U.S. Steel plant outside of Pittsburgh on Monday. According to Allegheny County Emergency Services, the explosion happened inside a battery operat...
Posted: Aug 11, 2025
The Shocking Cost of Litigation Funding PaulCarroll Mon, 08/11/2025 - 20:12 Mid-August is supp...
Posted: Aug 11, 2025
The appointments strengthen leadership in the Independent Agency Group with focus on operations and claims excellence.
Posted: Aug 11, 2025
The collaboration integrates geospatial analytics into Orion180’s underwriting, beginning with wildfire risk assessment in high-risk regions.
Posted: Aug 11, 2025
The enhancement allows collision repair shops to capture more Elitek service details in CCC ONE for improved documentation and efficiency.
Posted: Aug 11, 2025