All News articles – Page 3
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NewsNavium, TFP, Overhaul launch AI infrastructure cargo consortium at Lloyd’s
The Helix Consortium will provide dedicated cover for data server shipments, combining Lloyd’s cargo capacity with real-time risk monitoring technology
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NewsHowden Re forecasts quieter Atlantic hurricane season
Forecasters expect below-average storm activity in 2026, but Howden Re warned that a single landfalling hurricane can still drive significant insured losses
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NewsAcrisure Re forecasts slightly subdued 2026 hurricane season
Reinsurance broker expects around 13 named storms this year, but warned that elevated ocean temperatures in key regions leave the market exposed to rapid intensification and landfall risk
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NewsWillis flags geopolitical and AI risks as top D&O concerns
Geopolitical risk has risen sharply in Willis’ latest directors’ and officers’ liability survey, while AI oversight is becoming a growing boardroom concern
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NewsQBE appoints Tsui to Hong Kong and Macau underwriting role
Andy Tsui will also serve as Asia head of people risk, leading QBE’s new integrated approach to workforce-related exposures
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NewsGeddes appointed CEO of Santam Syndicate 1918 at Lloyd's
Sam Geddes joins the South African firm’s Lloyd’s syndicate from MS Amlin, while interim CEO and CFO Rob Vetch will move into the CFO role
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NewsGallagher Re names Grijalva to lead cyber for APAC
Carlos Grijalva will be based in Hong Kong and tasked with growing the reinsurance broker’s cyber capabilities across the region
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NewsConvex gains approval for new Lloyd’s Syndicate 1987
Syndicate 1987 is expected to begin underwriting in July, with a focus on long-tail specialty lines including casualty, political risk and trade credit
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NewsHormuz crisis is reshaping specialty market conditions, Howden Re warns
Marine, energy and political violence markets are under severe stress, according to a report from the reinsurance broker, although wider reinsurance capacity remains resilient, according to Howden Re analysis
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NewsWillis warns leaders over AI governance gap
Artificial intelligence (AI) is already reshaping underwriting, claims and cyber defence, but a report from Willis said adoption is outpacing governance frameworks
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NewsSiriusPoint launches crisis solutions platform at Lloyd’s
Paul Beattie and Ed Winter have been appointed joint heads of crisis solutions, with the new team focused initially on war, political violence and terrorism risks
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NewsMoody’s warns US flood protection gap could top $1trn
A report co-authored by Jennifer Chang, senior vice president for sustainable finance credit, Moody’s Ratings, and Firas Saleh, director of North American flood models, Moody’s, looks at flood scenarios facing the US and warns of a yawning protection gap
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NewsAon appoints Hoffman as global commercial risk CEO
Christian Hoffman will lead Aon’s global commercial risk business, reporting to Joe Peiser, CEO of risk capital
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NewsUS data centre plans face rising storm exposure, MS Amlin warns
More than half of planned US data centre projects are being built in states at high risk of severe convective storms, according to new analysis by MS Amlin
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NewsBPL launches BPL Re reinsurance broking division for credit, political risks and surety
The dedicated credit and political risk broker has launched BPL Re, to be led by Alistair McVeigh, who joins from Guy Carpenter, alongside Louis Harvey as director
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NewsInsurers urged to be bolder on nat cat risk as climate threats widen
The industry should work more closely with governments, investors and corporate clients if climate-exposed nat cat perils are to remain insurable, speakers warned at the City of London Corporation’s Global Risk Summit
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NewsM&A insurance: risk transfer to unlock dealmaking
Alistair Lester, CEO, private equity and M&A EMEA at Gallagher, said insurance is increasingly being used to transfer acquisition risks, facilitate deals, support financing, and help sellers secure cleaner exits
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NewsInvestors favour scalable ILS structures as allocations rise, Gallagher Re says
Institutional investors are increasing allocations to insurance-linked assets, with demand focused on scalable and transparent structures offering direct access to underwriting returns
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NewsLockton Re launches Brazil ILS platform
Reinsurance broker said its Brazilian SSPE capability will support cedants and investors seeking access to the country’s Letra de Risco de Seguro market
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NewsEverest to sell Colombia insurance operation to AIG
Two big US insurers agree a deal as Everest has agreed to sell its Colombia insurance business to AIG, in another step in its shift towards global reinsurance, wholesale and specialty insurance
