Greenlight Re Innovations invests in security deposit replacement insurance start-up
Greenlight Re Innovations, part of Greenlight Capital Re, Ltd. has announced an investment in the security deposit replacement insurance managing general agent (MGA) start-up, Garentii.
Tesla Insurance could pose long-term threat to US auto insurance industry: Morgan Stanley
Analysts at Morgan Stanley have said that in the long-term, Tesla Insurance may pose a threat to the ~$260 billion US auto insurance industry, following the company’s expansion of its new insurance product that uses real-time driving behaviour data.
Lancashire’s GPW up 12.7% in Q1’25
Bermuda-based insurer and reinsurer Lancashire Holdings Limited reported a 12.7% year-on-year increase in gross premiums written (GPW) to $712.1 million for the three months ended 31 March 2025, up from $631.7 million in the same period last year.
Ian reconstruction cost value estimated at $253B: CoreLogic
Catastrophe Modeling, Catastrophes, Emerging Risks, P/C Insurers, Property
Holborn names Frederic Gindraux SVP, Claims Advisory
US-based independent reinsurance broker, the Holborn Corporation has announced the appointment of Frederic Gindraux as Senior Vice President, Claims Advisory.
Hiscox considers adding capital as insurance prices increase
Catastrophes, Coronavirus, Excess and Surplus Lines, P/C Insurers, Reinsurance, Risk Management United Kingdom Lloyd’s of London
Ruling highlights coverage limitation
Cyber Risks, Emerging Risks, General liability, Technology Russia Aon, Axis
RiverStone & Zurich sign loss portfolio transfer deal
RiverStone International has entered into an agreement with the French division of Zurich Insurance Europe and Zurich Insurance Company to deliver a loss portfolio transfer reinsurance (LPT) and facilitate an insurance business transfer involving the French discontinued motor and architects & engineers (A&E) professional indemnity portfolios.
Ivans Index reveals premium renewal rates remain up y-o-y but softening clear
For the third quarter of 2025, average premium renewal rates have increased across all major commercial lines of business year over year, except Workers’ Compensation, according to the latest Ivans Index.
Guy Carpenter hires Keith Wolfe as Chief Commercial Officer, NA
Guy Carpenter, the global risk and reinsurance specialist, and business of Marsh McLennan, has appointed Keith Wolfe to the newly created role of Chief Commercial Officer, North America, effective immediately.
Trisura Group posts 10.5% insurance revenue growth in Q3’24
Trisura Group Ltd., the specialty insurance provider has released its financial results for the third quarter of 2024, which includes insurance revenue growth of 10.5%, climbing from $730.7 million to $807.6 million, which was primarily reflected through continued momentum across North America.
Alera expands Texas footprint with oil, gas buy
Auto liability, Energy, Mergers and Acquisitions, P/C Insurers, Workers Comp Coverage
Claudette Monsier to lead MSIG USA Delegated Business
MSIG USA, a insurance subsidiary under MSIG Holdings, has appointed industry veteran Claudette Monsier as the new Head Of Delegated Business.