All News articles – Page 3
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NewsHowden Re appoints Duarte to lead Portugal expansion
Appointment establishes the broker’s first physical presence in Portugal as it targets further investment and team growth in the market
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NewsVerisk lifts global yearly insured cat loss benchmark to $171bn
Modelled average annual losses rise $19bn in a year, according to cat modeller Verisk, with the US accounting for 68% of global insured cat risk
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NewsWhen the safe harbour gets choppy: Xceedance on HNW risk, Dubai, and the evolving art of personal lines broking
Rising geopolitical risk is testing Dubai’s safe-haven status and increasing demand for sophisticated, cross-border insurance solutions for high-net-worth clients, writes Nakul Vadher, associate vice president, client partner at Xceedance
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NewsAM Best: Cat bond issuance hits record $17.3bn as ILS capacity fuels softening
Abundant capital and record cat bond issuance are contributing to softer reinsurance pricing, with ILS capacity expected to continue growing through 2026, according to ratings agency report
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NewsMunich Re Specialty launches Lloyd’s construction rescue cover
New product targets tunnelling and underground infrastructure projects, funding rescue and crisis response costs following catastrophic incidents
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NewsMS Amlin expands cyber portfolio with Jomaa and Tigleanu hires
Senior appointments will support the Lloyd’s insurer’s expansion in direct cyber as it targets a larger position in the class
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NewsOpEd: Offshore wind – A hundred identical things
Offshore wind is being insured on a wording built for something else, Russell Pulver writes, and the serial-loss exposure that follows cannot be read off the page
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NewsWillis Re agrees acquisition of BMS Re US in ‘transformational’ expansion
Reinsurance broker deal will establish Willis Re with an operational presence in the US, while BMS retains its UK, Latin America, Bermuda and global facultative reinsurance businesses
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NewsAM Best’s top 50 reinsurers: Profitability holds firm as softer market gathers pace
Munich Re reclaimed top spot among IFRS 17 reinsurers while Lloyd’s led non-IFRS reporters, as AM Best warned abundant capital is increasing competitive pressure
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NewsEnvelop to launch Syndicate 1925 at Lloyd’s
Cyber reinsurance specialist will transition SPA 1925 into a full syndicate from January 2027, creating scope to expand into casualty and specialty lines
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NewsFidelis Partnership prices $2.04bn refinancing
New Term Loan B cuts TFP’s cost of debt by 225 basis points as the business secures inaugural public credit ratings
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NewsDWIC Connect 2026: GCC infrastructure pipeline to fuel MEASA insurance growth
DWIC 2026’s on stage sessions closed with a panel to discuss regional commercial re/insurance opportunities across the Middle East, Africa, South Asia (MEASA), with construction and infrastructure projects a major focus for the Gulf as it rebuilds following this year’s conflict
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NewsPrice Forbes appoints Chris Harris to lead US casualty
Price Forbes has announced Chris Harris as a new managing director and head of US casualty, effective immediately. In his new role at the broker, Harris will lead and manage its US casualty team, responsible for setting strategic direction and driving growth. He joins from broking ...
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NewsDWIC Connect 2026: Middle East energy buyers rethink cover after conflict disruption
Energy clients across the Middle East are reassessing political violence, business interruption and contingency planning after regional conflict exposed the limits of traditional physical damage cover, a DWIC Connect Istanbul panel heard.
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NewsDWIC Connect 2026: Türkiye targets $50bn premium by 2030
The Turkish insurance market has the capital, distribution infrastructure and growth potential to withstand geopolitical and economic pressures as it targets $50bn of premiums by 2030, speakers told DWIC Connect Istanbul
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NewsRecord capital tests reinsurer discipline as softening goes on: AM Best
Global reinsurance capital is projected to reach $705bn in 2026, and AM Best warned that growing competition and softening property catastrophe rates will test whether the underwriting discipline established since the 2023 market reset can endure
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NewsAugment Risk appoints Cripps group head of growth and broking
Cripps takes on newly created role while continuing to lead the broker’s global parametric business during a transitional period
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NewsAI can help insurers break the cycle of soaring climate rates, says Lilypad innovation chief
AI-native insurers can use more granular data to improve risk selection, customise coverage and stabilise markets facing affordability pressures from hurricanes and climate-related perils, according to Lilypad’s Rajiv Matta
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NewsAI attracts 99% of capital, as insurtech funding hits four-year high, says Gallagher Re
Gallagher Re figures recorded $2.44bn of global insurtech investment in the second quarter, driven by mega-rounds and growing interest in the infrastructure supporting AI
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NewsArch names Barrett deputy active underwriter for Syndicate 2012
Barrett expands his London Market leadership responsibilities while retaining oversight of Arch’s cyber and healthcare portfolios
