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Chaucer Group, a global specialty insurance and reinsurance group, has announced the appointment of Emily Brand as Deputy Class Underwriter – Energy. Based in Singapore, Brand will report to Scott Ho, who leads Chaucer’s Energy team in the region....
Posted: Jul 01, 2025
Australian insurer Suncorp has completed its 2026 reinsurance renewal, securing main catastrophe cover for losses between $500 million and $6.3 billion, and has added a structured, multi-year solution that reduces exposure to $350 million for a fi...
Posted: Jul 01, 2025
Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion, driven by growth in traditional capital as the alternative portion...
Posted: Jul 01, 2025
Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance program, reducing the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1. According to...
Posted: Jul 01, 2025
HYDERABAD, India –– The death toll from the explosion and fire at Sigachi Industries’ chemical factory in southern India has risen to at least 39, officials said on Tuesday, forcing the supplier of pharma products to shut operations...
Posted: Jul 01, 2025
Lloyd’s, the specialist insurance and reinsurance marketplace, has approved the novation of Indian reinsurer GIC Re’s syndicate 1947 managing agency agreement to Davies-owned Asta, effective July 1st, 2025. The agreement relates to bot...
Posted: Jul 01, 2025
China wants commercial insurance firms to invest in the development of homegrown medicines, Beijing’s latest bid to support its burgeoning biotech and pharmaceutical sector. Commercial insurers have been encouraged to set up investment funds to...
Posted: Jul 01, 2025
Ripe, a UK digital managing general agent (MGA), has achieved 16% year-on-year revenue growth, with turnover increasing to £20.6 million in the 12 months ending 31 December 2024, up from £17.8 million in 2023. This growth marks the company’s 17th...
Posted: Jul 01, 2025
Despite extensive loss activity in Q1, Guy Carpenter anticipates strong reinsurer performance to continue for the rest of 2025, with capital growth of 5% to 7% by year-end. Despite global economic volatility and insured losses nearing $70 billion...
Posted: Jul 01, 2025
Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition regulator. The Competition and Markets A...
Posted: Jul 01, 2025
Buyers of protection had the opportunity to secure improvements to the structure of their property and specialty reinsurance programmes at the July 1st, 2025, reinsurance renewals, a period in which Gallagher Re notes a shift in the balance of sup...
Posted: Jul 01, 2025
Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has appointed Elliot Richardson as its new Executive Chair, as Rod Fox has decided to step down and leave the business. Fox, the founder of TigerRisk Partners...
Posted: Jul 01, 2025
Lockton, a privately held insurance brokerage, has appointed Nick Serrault as Chief Operating Officer (COO) for its US operations, reporting to Tim Ryan, Lockton’s US President, based in Texas. Serrault has nearly two decades of industry experienc...
Posted: Jul 01, 2025
Complexity, Talent Shortages Slow Benefits of Enterprise Progress on...
Posted: Jul 01, 2025
The U.S. Supreme Court asked President Donald Trump’s administration on Monday for its views on Bayer’s bid to sharply limit lawsuits claiming that the company’s Roundup weedkiller causes cancer and potentially avert billions of dol...
Posted: Jul 01, 2025
A former aide to an Alabama congressman, previously sentenced for health care fraud, has been cleared of insurance fraud and other charges related to claims made on her mother’s car in 2022. Sherry McCormick, who was a case worker and …
Posted: Jul 01, 2025
Apple Inc. lost its bid to throw out an antitrust case brought by the US Justice Department and a group of state attorneys general on Monday, a victory for the aggressive posture taken during the Biden administration and carried on …
Posted: Jul 01, 2025
Domestic workers employed by companies in California are now covered by state workplace safety and health laws under a new law that took effect today. Previously workplace safety and health laws did not cover individuals performing household domestic...
Posted: Jul 01, 2025
Responding to a clear market demand, specialist insurer Hiscox has launched a new Cargo API (application programming interface) based solution designed to cover smaller cargo – risks that typically do not get placed in the London insurance m...
Posted: Jul 01, 2025
The former Three Mile Island nuclear power plant in Pennsylvania may restart in 2027, about a year ahead of schedule after being put on a fast track to connect to the regional grid, executives with the plant’s owner Constellation Energy …
Posted: Jul 01, 2025
MSIG USA, headquartered in Warren, New Jersey, appointed David Petrone as Northeast region distribution leader. Petrone will be responsible for regional distribution strategy, broker and client relationships, and support for MSIG USA’s underwri...
Posted: Jul 01, 2025
As IRS scrutiny intensifies and new reporting requirements emerge, organizations utilizing micro-captive insurance companies face critical decisions about their risk management approaches. Understanding the evolving regulatory environment has beco...
Posted: Jun 30, 2025
More Signs of Life in Insurtech PaulCarroll Mon, 06/30/2025 - 21:45 I'll be quick this week as...
Posted: Jun 30, 2025
The investment valued the group at $14 billion.
Posted: Jun 30, 2025
Insurance Business Magazine - US
Posted: Jun 30, 2025
According to Clearsurance.com, a good driver could save up to 40% on car insurance, with some policies starting at just $26 a month.
Posted: Jun 30, 2025
Symetra and HCSC will enter into an exclusive multi-year distribution agreement during which Symetra’s L&D products will be available to HCSC health care customers.
Posted: Jun 30, 2025
NEXT Insurance has become part of ERGO’s management structure following Munich Re’s $2.6 billion acquisition, expanding ERGO’s presence in the U.S. small-business insurance market.
Posted: Jun 30, 2025
Fernando Utrilla has been named deputy CFO, José López has been appointed assistant general manager MAPFRE Group Business, and José Manuel Inchausti will become chairman of the board in September.
Posted: Jun 30, 2025
Rajeev Khanna joins Trucordia to lead technology strategy and platform integration following leadership roles at Aon, Expedia, and Asurion.
Posted: Jun 30, 2025
ReAlign will use Insurity’s SpatialKey platform to enhance catastrophe risk management and improve portfolio decision-making.
Posted: Jun 30, 2025
What do you do when your producers aren’t producing? Metrics, activity tracking, and scorecards don’t just hold producers accountable—they give them a blueprint for success. By Carolyn Smith, APR, TRA What do you do when your producers aren’t produc...
Posted: Jun 30, 2025
Posted: Jun 30, 2025
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Posted: Jun 30, 2025