Reinsurance News
Eric Edwards has joined Alliant Insurance Services within its Alliant Americas division as Senior Vice President. Edwards will be based in New Orleans and will focus on developing comprehensive and cost-effective risk management solutions for a wi...
Posted: Jun 22, 2023
Leading pensions and financial services consultancy, Hymans Robertson has promoted Iain Church to Head of Core Transactions, as part of an enhanced and expanded risk transfer team. The company stated that in this newly created role, Church will be...
Posted: Jun 22, 2023
Insurance Quantified, a commercial P&C underwriting technology provider, has acquired the ingestion and data solutions firm, Groundspeed Analytics. According to Insurance Quantified, the acquisition will strengthen its market leadership in und...
Posted: Jun 22, 2023
Swiss Re Institute’s recent Sigma Report recognises substantial global progress in crop resilience but emphasises the urgent need for additional efforts to address the significant $113 billion crop protection gap. Crops, which account for 65...
Posted: Jun 22, 2023
Global insurance broker Lockton has announced the appointment of Mark Drummond-Brady as Advisor to the Senior International Leadership Team, effective July 1, 2023. Drummond-Brady, a highly experienced insurance industry veteran with over 40 years...
Posted: Jun 22, 2023
The National Association of Corporate Directors, the authority on boardroom practices representing more than 23,000 directors, in partnership with Marsh McLennan, have published their Risk Committee Blueprint as part of the NACD Future of the Amer...
Posted: Jun 22, 2023
The National Association of Corporate Directors, the authority on boardroom practices representing more than 23,000 directors, in partnership with Marsh McLennan, have published their Risk Committee Blueprint as part of the NACD Future of the Amer...
Posted: Jun 22, 2023
HDI TH!NX, a subsidiary of the HDI Group and a renowned leader in IIoT-based solutions and risk management, has unveiled Leak360, an innovative system designed to identify and prevent water leaks in buildings. Recognising that water leaks pose a s...
Posted: Jun 22, 2023
Data from the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) reveals that insurers face an estimated loss of $3.18 billion from claims arising from the impacts of the Auckland Anniversary Weekend floods and Cyclone Gabrielle in...
Posted: Jun 22, 2023
Atain Insurance Companies, HW Kaufman Group’s A rated admitted and non-admitted property casualty carrier, has announced the appointment of Linc Trimble as its Chief Underwriting Officer (CUO). Trimble officially transitioned into his new r...
Posted: Jun 22, 2023
IAG Firemark Ventures, the corporate venture capital arm of Australia and New Zealand’s largest general insurer IAG, together with Jerusalem Venture Partners (JVP), and Margalit Startup City (MSC) New York have announced a new ClimateTech In...
Posted: Jun 22, 2023
Generali Global Corporate & Commercial (GC&C) has announced it is strengthening its Parametrics structure to expand its operational platform and enhance its market presence. Within GC&C’s Insurance Function, the structure known as Prop...
Posted: Jun 21, 2023
Talent is driving change within the global cargo insurance market, as well as its potential use as an alternative capital provider to a possible hardening further P&C market, Gallagher Specialty highlighted in its recent cargo Insurance Market...
Posted: Jun 21, 2023
SageSure, a provider of catastrophe-exposed property insurance, has surpassed $1 billion in inforce premium and unveiled a new corporate brand to reflect its future ambitions. Since its establishment in 2009, SageSure has steadily expanded its ope...
Posted: Jun 21, 2023
B.P. Marsh and Partners Plc, a specialist private equity investor in early stage financial services businesses, has announced its subscription for a 25% stake in Pantheon Specialty Limited (Pantheon), a new holding company formed in partnership wi...
Posted: Jun 21, 2023
Canopius, the global specialty lines re/insurer, and Measured Analytics and Insurance, the AI-powered cyber insurance provider, have announced a new capacity partnership to offer cyber insurance and cybersecurity solutions to small and midsize bus...
Posted: Jun 21, 2023
Cyber insurer Resilience has expanded its operations in the European market now supporting clients in Ireland, Spain, Italy, Sweden, and Denmark. The EU launch comes on the heels of the successful launch of the Resilience Solution in the US and UK...
Posted: Jun 21, 2023
Aon plc, the global professional services firm, has revealed how its academic collaborations are progressing climate science, enhancing catastrophe model development and helping organizations to fulfil Environmental, Social and Governance mandates...
Posted: Jun 21, 2023
International insurance broker Howden has expanded its footprint its Switzerland following its acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born Consulting AG, which has been part of Ho...
Posted: Jun 21, 2023
Global insurer and reinsurer, American International Group, has announced that Sabra Purtill, who has served as Interim Chief Financial Officer (CFO) since January 2023, has been named to the role on a permanent basis, effective immediately. Shane...
Posted: Jun 21, 2023
kWh Analytics, a provider of climate insurance for zero carbon assets, has revealed the top 12 issues within extreme weather, financial modelling, and operational risks for the solar industry. The 2023 Solar Risk Assessment Report highlights the n...
Posted: Jun 21, 2023
Global professional services firm Aon and Lloyd’s have announced a collaboration with Vienna Insurance Group (VIG) to bolster Ukraine’s economic resilience and support the country’s recovery and reconstruction. As part of the UK-Ukraine Private Fi...
Posted: Jun 21, 2023
VIPR Solutions, a leading technology solutions provider in the delegated underwriting sector, has announced the appointment of David Butler as their new Client Services Director. Butler will report directly to CEO Paul Templar. With prior experien...
Posted: Jun 21, 2023
Closing the global protection gap for natural catastrophes, crop, mortality and health insurance would require $1.8 trillion in insurance premium annually, according to a recent Swiss Re report. The re/insurer stated that the protection gap has ri...
Posted: Jun 21, 2023
Nationwide Pension Fund has completed a £1.7bn longevity risk transfer transaction with Zurich Assurance and Prudential Financial Inc (PFI), covering the longevity risk for around 7,000 in-pay members in the UK. Under the transaction, which closed...
Posted: Jun 21, 2023