RMS launches cloud-based application, UnderwriteIQ
RMS, a risk modelling and solutions company has announced that it will be launching a new application – UnderwriteIQ, which will be hosted on the cloud-based RMS Intelligent Risk Platform.
Host of re/insurers seek reimbursement after paying out $1bn for Lahaina wildfires
More than 140 insurance industry plaintiffs, including State Farm, Swiss Re and Lloyd’s, have reportedly joined lawsuits filed against utilities and landowners related to the Maui, Hawaii wildfires, which destroyed much of Lahaina and killed 100 people back in August of 2023.
WTW promotes Tony Simm to Head of Facultative for Great Britain
Global insurance brokerage WTW has announced the appointment of Tony Simm as Head of Facultative for Great Britain, a London-based role.
WTW hires surety execs from Marsh, Hartford
Agents and Brokers, P/C Insurers Marsh & McLennan, The Hartford Insurance Group Inc., Willis Towers Watson
AFP: 2025 FX market trends and the impact of the US Election
Can a smaller FX and global payments provider compete against the large and regional banks when it comes to buying and sending foreign currency payments to suppliers overseas? “Absolutely,” said Monex USA CEO John Doyle.
CNA Financial sees $403m net income and record $409m core income in Q3’25
Chicago-based insurer CNA Financial Corporation has announced its financial results for the third quarter of 2025, reporting an increased net income of $403 million, 40% growth in core income and an improved Property & Casualty combined ratio of 92.8%.
Founder Akin Båmstedt assumes CEO role at 1B Insurance
1B Insurance has announced that founder Akin Båmstedt has officially assumed full executive leadership as Chief Executive Officer (CEO), taking over from John Morley.
Former JLT captive leader leaves Marsh
Agents and Brokers, Alternative Risk Transfer/Captives, Mergers and Acquisitions Jardine Lloyd Thompson Group, Marsh & McLennan
Sompo International’s FY’24 GWP expand as CoR improves to 96.3%
Sompo International has reported an adjusted profit of $1.38 billion for the 2024 financial year (FY2024), an increase of $230 million year-over-year, driven by robust top-line growth, reduced adverse prior-year development, and higher net investment income.
Insurance Authority welcomes Clement Lau as new Executive Director
Clement Lau has been appointed as Executive Director, Policy and Legislation of the Insurance Authority (IA), the insurance regulator of all authorised insurance companies and licensed insurance intermediaries in Hong Kong.