Vesttoo has appointed reinsurance executive, Minas Kalachian as its new Head of Structuring.

National infrastructure and privately owned assets are at risk of from significant physical damage resulting from cyberattacks, says a new report from Lloyd’s.

At the 67th Rendez-Vous de Septembre in Monte Carlo last week, Reinsurance News held its annual executive roundtable, during which eight experts and leaders from across the industry discussed the sustainability of current market conditions, the outlook for the 2026 renewals and beyond, reinsurer discipline, the casualty space, while the role of alternative capital, MGAs, and the potential of advanced technology and AI was also debated.

Global insurer AIG has reported a net loss of $4 billion in its second quarter 2024 results, driven by the recognition of a loss as a result of Corebridge deconsolidation, with divested businesses denting the performance of its general insurance (GI) business.

A new study by Oxbow Partners, a specialist management consultancy for the insurance industry, in partnership with the Bermuda Business Development Agency (BDA), shows that the Bermudian insurance and reinsurance industry is still in the “early stages” of its ESG development.

Greggs plc Pension Trustees Limited, the Trustee of the Greggs plc 1978 Retirement and Death Benefit Scheme, has completed a £100 million bulk annuity agreement with Aviva, an insurance and financial services provider, which covers most of the Scheme’s liabilities.