All News articles – Page 8
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No let-up for insurers as nat cat losses head for another $100bn year, Willis warns
Wildfires, tornadoes and climate extremes mark 2025 as another costly year for re/insurers, the broker predicts
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Guy Carpenter appoints Flynn to lead specialty global client strategy
Former RenaissanceRe and Guy Carpenter executive returns in newly created leadership role
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Soft market imperative: addressing the London market’s data issue – Xceedance
Gavin Lillywhite explains why it’s time to stop talking and start acting to improve data quality and accessibility.
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Two Saudi insurers MEDGULF and Buruj finalise merger deal
Buruj shareholders to receive 1.11 MEDGULF shares per share held in SAR 584m all-share agreement
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Volante Global names Demian Smith as new group CEO
Former StarStone and Guy Carpenter executive to lead MGA and syndicate growth
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'Majority' of Allianz Life customers' data stolen in cyber-attack – reports
Life insurer has “majority of US customers’ data stolen” by a ‘social engineering’ hack, according to a report by technology news site TechCrunch and re-reported by Reuters
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BHSI announces senior promotions in Middle East leadership team
Malone named deputy senior executive officer; Saab promoted to head executive and professional lines
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Neal chooses AIG over Aon after Lloyd’s
A major U-turn sees John Neal joining AIG as president of the insurer, rather than joining broking firm Aon as previously announced.
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Franson named North America chairman at Lockton Re
Industry veteran to support firm’s continued US expansion at the reinsurance broker
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Dart to lead MS Amlin as CEO from 2026, succeeding retiring Carrier
MS Amlin appoints former Brit CUO to top job as insurer looks to next phase of growth
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Apollo and Coface secure Lloyd’s approval for trade credit syndicate
New Lloyd’s Syndicate 2546 to offer AA-rated short-term credit solutions globally
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US dominance in nat cat losses drives $84bn global insured total for H1 2025
Reinsurance broker Gallagher Re warns of eroded reinsurance budgets as hurricane season looms
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Alcor expands into US E&S market with Atlanta office launch and leadership appointments
DeCouto to lead US operations as Graham takes helm of Beat Capital backed Alcor Group
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Agile marks first year for Syndicate 2427 with global momentum and SME focus
Australian-founded syndicate-in-a-box at Lloyd’s expands product lines and broker reach in year one
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Gallagher Re structures multi-peril parametric cover for SEADRIF and Lao PDR
Laos policy now includes typhoon, earthquake, and landslide risks, with up to $16m in aggregate protection.
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Pen and SiriusPoint expand strategic partnership into international PI
New capacity deal brings 100% backing for Pen’s international professional indemnity portfolio, the MGA said.
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Price Forbes expands Lectio facility with construction coverage
Cross-class facility grows to $1.2bn in premium with new builders risk capacity, broker Price Forbes said.
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Aviation industry struggles to define and address emerging risks, Willis report finds
Just 30% of executives believe their strategies will withstand risk challenges over the next decade.
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ACORD launches Dubai data hub with offer of one million free digital transactions
New ADEPT hub aims to accelerate digital transformation of UAE re/insurance market
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Conduit Re appoints Randolph as chief risk officer
Former CRO of Relm and Validus Re to lead Bermuda-based reinsurer’s risk strategy