Verisk estimates $57 billion in Hurricane Ian losses
Catastrophe Modeling, Catastrophes, P/C Insurers, Risk Management
Catastrophe Modeling, Catastrophes, P/C Insurers, Risk Management
Honigman LLP, a general business law firm, has added Rob Humphries to the firm’s Insurance Practice Group as partner.
Global distributor of specialty insurance products and services, Amwins, has announced a new partnership with FusionMGA.
Helios Underwriting PLC, the Lloyd’s investment vehicle, has upped its capacity for 2024 to £501 million, as the company takes advantage of new syndicate opportunities.
Munich Re Specialty Insurance has implemented into production Bond-Pro’s Next Gen surety solution, according to the firm.
Aegon has announced plans to sell its 50% stake in the Spanish insurance joint venture with Liberbank to Unicaja Banco, following a change of control in Liberbank after its merger with Unicaja Banco in 2021.
Allianz has been confirmed as among the investors participating in a recent Series B funding round for ESG Book, a global provider of cloud-based sustainability products and solutions.
The Financial Conduct Authority has filed an application with the UK’s High Court to lift a suspension on a contract it awarded for a bond consolidated tape.
CatX, the regulated digital marketplace connecting insurers, reinsurers and brokers with alternative capital, has strategically partnered with risk modeller Moody’s RMS to support brokers and cedents in accessing a broader capacity base and model and price risk more effectively.
AM Best has revised its market outlook for the delegated underwriting authority enterprise (DUAE) segment to stable from positive, driven by moderating growth and emerging headwinds.
Global advisory, broking and solutions company WTW has appointed Ryohei Nakazawa as its new Head of Japan and Head of Corporate Risk and Broking (CRB) in the country, effective 1st April 2024.
Cyber Risks, D&O, Emerging Risks, P/C Insurers, Technology
Following a difficult January reinsurance renewal season in 2023, it felt “like a much more normal renewal” this year with fewer surprises, but to ensure a sustainable balance in risk sharing, continued underwriting discipline is paramount, according to Gianfranco Lot, Chief Underwriting Officer (CUO), P&C Reinsurance, Swiss Re.