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FOXO will provide up to $1.2 million to support Vector’s growth initiatives.
Posted: Oct 21, 2025
Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on disci...
Posted: Oct 21, 2025
The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising prices, reinsurers are finding that primary insurers have started relying less on them and more on a niche bond market ̷...
Posted: Oct 21, 2025
Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into it...
Posted: Oct 21, 2025
Poland and Romania detained eight people suspected of planning sabotage on behalf of Russia, authorities in Warsaw said on Tuesday, with three arrests concerning an alleged new plan to send exploding parcels, this time to Ukraine. European officials...
Posted: Oct 21, 2025
Poland and Romania detained eight people suspected of planning sabotage on behalf of Russia, authorities in Warsaw said on Tuesday, with three arrests concerning an alleged new plan to send exploding parcels, this time to Ukraine. European officials...
Posted: Oct 21, 2025
This edtiion of International People Moves details appointments at Lockton Re and Canopius Re. A summary of these new hires follows here. Lockton Re Taps Aon’s Bell as Head of Aviation Lockton Re, the reinsurance business of independent insuran...
Posted: Oct 21, 2025
T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (app...
Posted: Oct 21, 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported year-on-year net income growth of 39.8% for the third quarter of 2025 to $511 million, compared to $365.63 million last year. For Q3’25, the co...
Posted: Oct 21, 2025
Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of the question.”...
Posted: Oct 21, 2025
RLI Corp. has reported Q3 2025 underwriting income of $60.5 million and a combined ratio of 85.1%, compared with $40.7 million and 89.6%, respectively, in the same period of 2024. Results for both years reportedly benefited from favourable develop...
Posted: Oct 21, 2025
A massive fire at the import cargo complex of Dhaka airport has caused extensive damage to goods and materials belonging to major garment exporters, with losses and impacts on trade likely to run into millions of dollars, industry leaders said …...
Posted: Oct 21, 2025
While a majority of global executives feel the risk environment is high, a significant and growing number are viewing resilience not as a defensive shield, but as a strategic path to growth, Beazley’s ‘Spotlight on Geopolitical & Economic Unce...
Posted: Oct 21, 2025
An operation was underway on Monday to salvage the liquefied petroleum gas tanker MV Falcon, which remains on fire and adrift in the Gulf of Aden following an October 18 explosion on board, maritime security sources said. The Cameroon-flagged vessel...
Posted: Oct 21, 2025
The pace of insurance agency mergers and acquisitions picked up during the third quarter of 2025 but as of Sept. 30, M&A is down 7% this year compared to last year. According to investment banking and financial consulting firm OPTIS …
Posted: Oct 21, 2025
Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Li...
Posted: Oct 21, 2025
It took just seven minutes for robbers armed with disc grinders to get in and out of the world-famous Louvre museum in Paris with a stash of royal necklaces, tiaras and earrings. They left the nearby 140-carat “Régent” diamond untouched,...
Posted: Oct 21, 2025
Around the 2025 Baden-Baden Reinsurance Meeting, Dave Egan, reinsurance broker Gallagher Re’s Head of International Property Practice Group , highlighted that in order to maintain relevance and foster growth, reinsurers need to expand their offeri...
Posted: Oct 21, 2025
KKR & Co. and Quadrantis Capital agreed to acquire minority stakes in Hong Kong-based Peak Reinsurance Co. KKR and Quadrantis will hold about 11.3% and 1.8% of Peak Re, respectively, after the deal is completed, according to a statement Tuesday,...
Posted: Oct 21, 2025
Posted: Oct 21, 2025
Westfield Specialty International, part of the Westfield Group, a global re/insurance business with a growing presence in specialty markets, has appointed Sarah McNally as Head of Distribution, a newly created role. Based in London, McNally will r...
Posted: Oct 21, 2025
Thousands of plaintiffs’ complaints, millions of pages of internal documents and transcripts of countless hours of depositions are about to land in US courtrooms, threatening the future of the biggest social media companies. The blizzard of pap...
Posted: Oct 21, 2025
Companies on deck to go public in the US are powering forward with unconventional IPO plans despite the lingering government shutdown, taking many on Wall Street by surprise. Travel software startup Navan Inc. and electric plane-maker Beta Technologi...
Posted: Oct 21, 2025
The North Carolina Supreme Court has decided that it will not, after all, review another legal filing by convicted insurance entrepreneur Greg Lindberg. The Oct. 17 ruling lets stand a 2023 decision by the state Court of Appeals, which found …
Posted: Oct 21, 2025
Vienna Insurance Group (VIG), an insurance group in Central and Eastern Europe, has signed a Business Combination Agreement with NÜRNBERGER Beteiligungs-AG. Under this agreement, VIG will make a voluntary public purchase offer to the shareholders...
Posted: Oct 21, 2025
Movies like “The Hangover” and “Ocean’s Eleven” piqued interest in the Las Vegas Strip long ago. But now Nevada labor unions hoping to boost jobs and tourism are pushing state officials to offer tax credits aimed at brin...
Posted: Oct 21, 2025
The New York State Workers’ Compensation Board will be closing its virtual-only Allegany and New City locations, effective December 8, 2025. Noting that most of its activity remains virtual, the board said it is consolidating some of its smalle...
Posted: Oct 21, 2025
The New York State Workers’ Compensation Board will be closing its virtual-only Allegany and New City locations, effective December 8, 2025. Noting that most of its activity remains virtual, the board said it is consolidating some of its smalle...
Posted: Oct 21, 2025
California Attorney General Rob Bonta has settled with four plastic bag producers after an investigation into whether the bags they sold in California are recyclable. The settlement involves Revolution Sustainable Solutions LLC, Metro Poly Corp., Pre...
Posted: Oct 21, 2025
Posted: Oct 20, 2025
The new platform automates quoting, lead intake, and client servicing to improve response time and conversion rates.
Posted: Oct 20, 2025
The London-based InsurTech has raised new capital to scale its live flood forecasting technology globally, with support from Connecticut Innovations and BlueOrchard.
Posted: Oct 20, 2025
The deal strengthens NTT DATA’s position in core systems, digital transformation, and specialty markets across the global insurance sector.
Posted: Oct 20, 2025
The U.S.-based InsurTech has introduced a generative AI tool to assist small business owners with coverage questions and policy selection.
Posted: Oct 20, 2025
Renaissance acquired the agency network business of Insurance Services of the West LLC, doing business as Insurance Agency Network in Washington. IAN is a membership organization with more 70 members representing a reported $400 million in premium. I...
Posted: Oct 20, 2025
Disability Planning Creates Growth Opportunity ITL Editorial Team
Posted: Oct 20, 2025
Posted: Oct 20, 2025
Third quarter 2024 net income at W.R. Berkley Corp. increased nearly 40% compared to the same period a year ago Net income was about $511 million for Q3 2025 compared to net income of about $365.6 million a year ago …
Posted: Oct 20, 2025
BSPM can bring new MGAs to market as quick as 90 days.
Posted: Oct 20, 2025
Strategic Services Group provides employee benefits consulting services across a range of industries in Michigan and the Midwest.
Posted: Oct 20, 2025