Global broking firm WTW, has announced that it has launched an International CyCore Facility (ICF) aimed at international clients headquartered outside of Great Britain and the United States, with revenues up to US$1 billion (or the equivalent currency).

Ongoing wage inequality has left households vulnerable in the current cost-of-living crisis due to a fall in protection business, says Swiss Re in a new report.

India-based insurtech InsuranceDekho has received a composite insurance broking licence from the Insurance Regulatory and Development Authority of India, allowing the firm to offer reinsurance broking in addition to its insurance broking services.

Global reinsurer Munich Re has been named as the capacity provider for a wind proxy hedge risk transfer product structured using a solution from kWh Analytics, for a 59MW, 14-turbine wind project in Maine.

XPT Specialty, a wholesale broker for commercial and personal insurance, has announced the appointment of Gina Marquez as Associate Vice President (AVP) of Personal Lines.

Swiss Re utilised its year-end management dialogue to signal that artificial intelligence now sits at the centre of its new “Built to Lead” strategy, with the group aiming to convert its extensive data holdings into actionable insights through a market-leading AI platform developed in collaboration with long-term partner Palantir.

Property and casualty insurance holding company United (UPC Insurance) has disclosed details of its catastrophe reinsurance program for 2022/23, which includes a significant decrease in the occurrence-based limit for its aggregate cover.

Thai Life Insurance Co. is targeting a capital raise of more than $1 billion through an initial public offering in Thailand, according to reports from Dow Jones Newswires.