Reinsurance News
Cayman islands-based reinsurer Topsail Re has announced the appointment of Megan Burik to the role of Actuarial Analyst. Joining form Farmers Insurance, Burik brings over six years of analytical experience to her new role. During her time at Farme...
Posted: Jan 18, 2024
Ebix Europe, the London-based technology specialist, released it’s electronic placing solution, PlacingHub, earlier this month, which has been developed by the London market’s most experienced digital placement experts, attracting interest f...
Posted: Jan 18, 2024
Ebix Europe, the London-based technology specialist, released its electronic placing solution, PlacingHub, earlier this month, which has been developed by the London market’s most experienced digital placement experts, attracting interest from maj...
Posted: Jan 18, 2024
In a speech at this year’s World Economic Forum in Davos, Rafal Modrzewski, CEO and Co-Founder of ICEYE, emphasised the pivotal role of satellite technology in rebuilding trust and addressing key global challenges, particularly in the realm...
Posted: Jan 18, 2024
Property and casualty insurer Harford Mutual Insurance Group has expanded its national footprint after the successful merger of Clearpath Specialty, formerly known as ClearPath Mutual Insurance Company, into the Group. The merger officially took e...
Posted: Jan 18, 2024
Markel, the insurance operation within Markel Group Inc., has appointed Sebastian Rice as a Senior Underwriter and head of Business Development for Europe. According to the insurer, his hire is a strategic move that will accelerate growth across M...
Posted: Jan 18, 2024
Independent managing general agency and program manager, Tangram Insurance Services, Inc., has acquired Preferred Reinsurance Intermediaries, marking its expansion into the reinsurance brokerage market. Founded in 1983, Preferred Re is a reinsuran...
Posted: Jan 18, 2024
According to PwC’s 27th Annual Global CEO Survey, the proportion of CEOs concerned about their long-term business viability has risen to 45% as tech and climate pressures accelerate. PwC’s survey reportedly interviewed 4,702 CEOs across 105...
Posted: Jan 18, 2024
Property & casualty (P&C) insurer, Skyward Specialty, has hired both Regina Williams and Sandi McIntosh from Intact Specialty Solutions to launch a new media liability offering focused on multimedia, film and ad agency businesses. Based in...
Posted: Jan 18, 2024
Specialty lines insurer, HDI Global Specialty (HDI) has hired experienced underwriter Frank Mowinski, entering the Jewellers Block insurance market in Sweden. HDI already offers Jewellers Block in The Netherlands, Denmark and Germany. Mowinski joi...
Posted: Jan 18, 2024
Financial services M&A activity in the UK saw a 9% fall in 2023, with 273 deals recorded in the year compared to 301 deals in 2022, according to EY’s latest financial services M&A analysis. Additionally, the report found that the total dis...
Posted: Jan 18, 2024
H.W. Kaufman Group has announced it is making a strategic investment in CARE Insurance Brokers, an insurance and risk management organisation based in Dubai, whereupon regulatory approval, the company will be rebranded as Burns & Wilcox UAE, m...
Posted: Jan 18, 2024
In response to the increasing costs and risks associated with catastrophic events, there is a notable surge in legislative efforts at both the Federal and State levels, according to Goldman Sachs. Notably, California Representative Adam Schiff has...
Posted: Jan 18, 2024
U.S. insurance brokerage, Alliant Insurance Services, has appointed Greg Zimmer as its new Chief Executive Officer (CEO), taking over from Tom Corbett, who will transition to the firm’s Executive Chairman. Corbett joined Alliant in 1977, and...
Posted: Jan 18, 2024
Global fintech company, Acrisure, has launched the company’s Mid-Atlantic Region encompassing its businesses in Pennsylvania, Delaware, Maryland, Virginia and West Virginia. According to the announcement, as with all other platforms announced in 2...
Posted: Jan 18, 2024
Insurance brokerage platform, Keystone Agency Partners (KAP), has amended and upsized its existing debt facility by securing an additional $330 million of financing, led by Apogem Capital, which was significantly over-subscribed and jointly arrang...
Posted: Jan 18, 2024
Goosehead Insurance, Inc., an independent personal lines insurance agency, has appointed David Lakamp as its Chief Service Officer. Lakamp brings over 14 years of extensive experience in the insurance industry, coupled with 11 years of distinguish...
Posted: Jan 18, 2024
Climatic natural disasters caused global economic losses of $275 billion in 2022, and this trend is anticipated to continue as economic growth and property development increase the exposed economic value, according to Swiss Re. A new report, autho...
Posted: Jan 17, 2024
Amwins, the Charlotte-domiciled global distributor of specialty insurance products and services, has appointed Jason Kunert to the newly created position of Head of Claims. Mark Bernacki, Chief Underwriting Officer, Amwins, commented on the appoin...
Posted: Jan 17, 2024
Bermuda-based international non-life legacy insurance firm Carrick Group Limited has announced that Carrick Re Limited, a Bermuda class 3A reinsurer, has entered into a loss portfolio transfer (LPT) with IRB(Re), on behalf of its UK Branch, ahead...
Posted: Jan 17, 2024
Xceedance, a prominent global provider of strategic operations support, technology, and data services for insurance organisations, has announced the appointment of Peter Flynn as Senior Vice President, Personal Lines, Americas. This strategic move...
Posted: Jan 17, 2024
Aviva has announced the completion of a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan. Aviva has insured the Plan liabilities for around 1,500 members, removing the i...
Posted: Jan 17, 2024
Global re/insurance broker WTW has announced the formation of its Strategic Client Engagement Leaders (SCELs) team, which will focus on driving growth of large, complex clients within the company’s twelve industry vertical divisions of Corporate R...
Posted: Jan 17, 2024
Property and casualty insurer, Great American Insurance Group, has announced the appointment of Gene J. Simpson as President of its California-based workers’ compensation subsidiary, Republic Indemnity. Simpson brings with more than 26 years of in...
Posted: Jan 17, 2024
Managing General Agent (MGA) Rokstone has announced the launch of its new Farm and Ranch Package Policy through Rokstone Farm Risks Underwriting LLC. The bundled product includes Property, Auto and Excess in one package. Ohio-based Rokstone Farm R...
Posted: Jan 17, 2024