All News articles – Page 3
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NewsIntersys: Awareness then action – containing re/insurance’s shadow AI threat
For re/insurers, AI governance should be considered a cyber control, not a separate compliance initiative, writes Matthew Geyman, Managing Director, Intersys
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NewsKCC estimates $2.4bn insured loss from Hurricane Melissa
Category 5 storm devastates western Jamaica and eastern Cuba, but insurance penetration remains low, according to Karen Clark & Company.
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NewsMoody’s RMS estimates up to $5bn insured losses from Hurricane Melissa in Jamaica
Category 5 storm brings generational destruction to the Caribbean island of Jamaica, with recovery expected to take years
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NewsPen Underwriting names Doyle as CEO for Ireland
Former Ivernia chief to lead new standalone trading division from March 2026
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NewsWillis adds three senior hires to strengthen GB fac team
Fiona Kerr, David Watson and James Kelly join the fac business at Willis, part of WTW, to drive growth in property, retro and casualty D&F broking
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NewsFidelis Partnership launches Blackstone-backed consortium to cover AI data centre construction risks
New facility at the Lloyd’s market offers $250m capacity for high-value AI infrastructure projects
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NewsGlobal insurtech funding reaches $1.01bn in Q3, Gallagher Re reports
Gallagher Re report points to maturing investment landscape with consistent quarterly totals and rising focus on AI-driven commercial solutions
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NewsSoftening continues at Baden-Baden as European renewals take shape – Spenner
Gallagher Re’s Dirk Spenner says reinsurers face pressure on terms and pricing ahead of 1 January renewals in Europe, as oversupply of capacity and benign loss experience continue to shift negotiations in buyers’ favour
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NewsLahrmann promoted to lead AXA XL international property
Underwriting manager steps up to head international property retail business in UK and Lloyd’s market
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NewsBright to lead US underwriting strategy at Carbon
Ex TMK and Adeptive executive joins to drive US expansion of the London market MGA
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NewsPostlewhite to become Conduit CUO in January
Former QBE Re and Aspen executive to lead underwriting strategy across property, casualty and specialty at Conduit Re from early 2026
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NewsGallagher Re backs PhD research into Asia’s natural catastrophe risks
Reinsurance broker partners with NTU Singapore to fund hazard research into cyclones, tsunamis, flooding and disaster response
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NewsGallagher Re launches cyber reinsurance framework to boost APAC capacity
Reinsurance broker aims to match regional cyber demand with global capital through flexible facility structure
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NewsVerisk estimates Hurricane Melissa insured losses at up to $4.2bn
Storm sets record as Jamaica’s most intense landfall and ties as strongest global landfall hurricane on record
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NewsLockton Re strengthens capital advisory with new legacy hires
Patel to lead global transaction structuring and reserving analytics as McGregor takes charge of North America retrospective reinsurance and legacy solutions
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NewsMoody’s warns Jamaica faces vast uninsured losses from Hurricane Melissa
Economic losses from Hurricane Melissa will far exceed insured payouts, Moody’s Ratings has warned, exposing Jamaica’s limited protection against extreme weather events
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NewsFidelis Partnership launches Blackstone-backed Lloyd’s syndicate
Syndicate 2126, capitalised by funds managed by Blackstone, will target $300m in gross written premium in 2026 as The Fidelis Partnership expands its Lloyd’s of London platform
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NewsConvex unveils new ownership structure as AIG makes investment and Onex takes majority stake
Onex to hold 63% and AIG 35% in a $7bn deal that secures re/insurer Convex’s long-term independence and adds a strategic quota share partnership
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NewsStarr to acquire IQUW and become ninth-largest Lloyd’s agency
Acquisition brings IQUW’s $1.9bn GWP and Bermudian reinsurance platform into Starr, expanding its specialty and motor underwriting footprint at Lloyd’s.
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NewsCoalition’s hybrid ‘active’ model for cyber expanding amid soft market – Ram
Coalition’s Shawn Ram says the cyber specialist’s data-driven “active insurance” and reinsurance tools aim to differentiate in a softening market, as the firm expands in Europe with Allianz capacity for France.
