SIGNAL IDUNA Reinsurance Ltd (SI Re), the Swiss based reinsurer, has announced the appointment of Simon Parten as ILS Portfolio Manager, effective 1st June 2026. In his new role, Parten will further...
KatRisk, a provider of catastrophic risk modelling software to the insurance and financial services industries, has acquired RED, a specialist provider of catastrophe models, including earthquake,...
The US is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, including AIG...
Alternative reinsurance capital is reinforcing current reinsurance market trends as...
Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly...
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth and final industry loss estimate for the ice storm that affected Ontario and...
Tim Sweeney, President and Chief Executive Officer of Liberty Mutual Insurance, has announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual...
Credit rating agency AM Best has indicated that the outlook for the London Market insurance sector remains stable, with profitability expected to moderate through 2026 while still staying positive,...
In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasised the firm’s commitment to accelerating its AI strategy and strengthening long-term growth. He...
Aspen Capital Markets, the third-party, ILS and alternative reinsurance capital...