News – Page 3
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Lockton Re publishes report on US homeowners' property market
Study from the reinsurance broker’s New York office examines housing market resilience across key states in a low-affordability environment.
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AM Specialty Appoints Milch as claims head
Dallas, Texas appointment for former Gallagher Bassett casualty claims specialist.
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TMK appoints Wilson special risks leader
James Wilson joins from The Hartford where he was head of political risks, and head of credit and political risk.
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Fidelis Partnership launches international casualty MGA Sevanta
Launch of Sevanta expands The Fidelis Partnership’s casualty footprint, but casualty business remains beyond the risk appetite of Fidelis Insurance Group itself.
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CPRI broker BPL secures Preservation PE backing
Credit and political risk insurance broker BPL gets new private equity minority stake backer, citing a maturing CPRI market and projected market growth trajectory.
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Wildfire, SCS, and the future of cat modelling – Karen Clark interview
Karen Clark, CEO of Karen Clark & Company (KCC), is a pioneer in catastrophe risk modelling. As the industry faces mounting challenges from wildfires, severe convective storms (SCS), and shifting market conditions, the looks to the future of cat models.
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MS Amlin binds landmark Ukraine reinsurance facility
Re/insurer to underwrite first risks on innovative scheme that could provide up to €5bn in coverage over five years for Ukraine SMEs.
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MENA re/insurers’ ratings trending ‘positive’ despite regional challenges – AM Best
Despite country risk and the Middle East and North Africa region’s challenging regional geopolitical conditions, the rating agency says re/insurers’ creditworthiness is net positive.
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Markel: LatAm casualty demand rising on life science, environmental drivers
Markel underwriters emphasise positive outlook for life science sector, while tighter laws are spearheading the need for environmental liability cover in Latin America.
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Acrisure Re promotes Deane to lead ARCAS US
New head of Acrisure Re Corporate Advisory & Solutions has a capital markets background at Stonybrook Capital and former brokers JLT and Benfield.
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BMS completes Rasher Spanish broker acquisition
Rasher’s Latin American and Spanish broking operations now part of BMS Group.
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LSM appoints Unstad to lead Nordics business
Daniel Unstad previously served as head of surety in Norway for Liberty Specialty Markets.
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Digital Transformation: A Middle Eastern Opportunity – Verisk
Verisk’s Tim Rayner spoke to GR on challenges of navigating technological changes in a complex marketplace, and opportunities in the UAE and Saudi Arabia.
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Political risk capacity rises to record $3.5bn – Gallagher report
Gallagher Specialty released the Q1 iteration of its structured credit and political risk study, highlighting shifts in economic and foreign policy since Donald Trump’s second inauguration.
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MSIG expands political risk, trade credit in Hong Kong, Singapore
A “strategic collaboration with its US office” would increase its capabilities, the Japanese re/insurance group said.
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AXA XL adds CUO, marine, energy heads at UK and Lloyd’s specialty team
AXA XL’s UK & Lloyd’s business unit announced the appointment of a new specialty CUO who joins from Marsh, plus a new head of marine and energy.
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Lloyd’s CUO Turk on changing perceptions at Lloyd’s and improving coverholder supervision
Leadership at Lloyd’s, the market’s stellar performance in recent results, and the need for underwriting discipline in future were themes of a chat between Rachel Turk and GR.
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Willis clean energy study finds ‘natural resources at tipping point’
Willis launched its 2025 Global Clean Energy Survey, finding long-term clean energy plans are ambitious despite short-term fossil fuel plans.
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Chubb expands PVT with two underwriting appointments
Estefania López and Harry Bassett take new roles within the insurer’s London market political violence and terrorism (PVT) team.
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Davies promotes Patel to North American CEO
Insurance services firm Davies said technology was expanding its North American arm, focused on claims administration and risk management services.