Melwani and James to serve as Co-Heads of UK & Europe Insurance Advisory Partners
Insurance Advisory Partners (IAP), a boutique investment banking firm specialising in the insurance sector, has appointed Partners Rinki Melwani and Benjamin James as co-heads of UK & Europe. The pair will be based in IAP’s London office and will jointly report to Tony Ursano, Founder, Managing Partner and Chief Executive Officer. Their remit includes leading…
CIRCA challenges proposed new risk-based capital charge on life reinsurance in non-reciprocal jurisdictions
The Cayman International Reinsurance Companies Association (CIRCA) has submitted two comment letters to the National Association of Insurance Commissioners (NAIC) challenging a proposed new risk-based capital (RBC) charge on life reinsurance ceded to reinsurers in non-reciprocal jurisdictions. The letters were submitted during the comment period ahead of the public Life Risk-Based Capital Working Group meeting…
Aon’s Perlman to serve in expanded role as EMD & MMS Leader, Reinsurance
Aon, a global professional services firm specialising in risk, insurance, retirement and health solutions, has expanded Denise Perlman’s role to include serving as Executive Managing Director (EMD) and Middle Market Segment (MMS) Leader for Reinsurance. This expands her responsibilities in addition to being Aon’s representative in the Integration Management Office (IMO) for the firm’s proposed…
Nationwide and Ryan Re target thoughtful specialty reinsurance growth
Emil Issavi, Chief Executive Officer and President of Ryan Re, said Nationwide and Ryan Re are targeting growth in specialty reinsurance, but will do so thoughtfully, emphasising that risk management is at the centre of decision-making. In our latest video interview, which took place around the annual Rendez-Vous de Septembre (RVS) in Monte Carlo, Reinsurance…
Ledgebrook secures $200m equity financing, gets multi-year Allianz reinsurance
AI-native specialty insurance platform, Ledgebrook, has successfully raised $200 million in primary equity financing, co-led by Allianz X and Rockefeller Capital Management, and has also agreed a multi-year reinsurance agreement with Allianz Re. This $200 million in primary equity financing follows numerous funding rounds for Ledgebrook, which started in August 2022 with $4.2 million in…
Fully autonomous AI expected within three years, newly launched Sapiens index reveals
Sapiens International Corporation N.V. has launched the inaugural Sapiens Insurance AI Maturity Index, an industry-wide study and annual benchmarking tool designed to evaluate the current landscape, adoption progress, and future aspirations for artificial intelligence (AI) and autonomous decision-making across insurance carriers of all sizes. Conducted by Research in Finance (RiF) and launched at Sapiens Ignite…
Ledgebrook secures $200m equity financing, agrees multi-year Allianz Re agreement
AI-native specialty insurance platform, Ledgebrook, has successfully raised $200 million in primary equity financing, co-led by Allianz X and Rockefeller Capital Management, and has also agreed a multi-year reinsurance agreement with Allianz Re. This $200 million in primary equity financing follows numerous funding rounds for Ledgebrook, which started in August 2022 with $4.2 million in…
CRESTA updates global insurance risk zones across 140 countries
CRESTA, an independent insurance industry organisation responsible for maintaining a global standard for risk accumulation zones, has published its 2026 zoning update, covering 140 countries. The organisation said the latest release incorporates updates to 4,863 low-resolution zones and 247,203 high-resolution zones. The changes follow consultation with the insurance industry and are intended to retain the…
TWIA forecasts $2.05bn reinsurance and cat bond need for 2027, down 10%
The Texas Windstorm Insurance Association (TWIA) is forecasting a roughly 10% reduction in its reinsurance and catastrophe bond needs for 2027, as its Catastrophe Reserve Trust Fund (CRTF) is projected to grow from $25 million this year to as much as $350 million ahead of the renewals. The association is also forecasting a 2027 risk…
I Stole My Secret Pumpkin Spice Ingredient From Nigella Lawson – It's Addictive
I’m on a bit of a pumpkin kick at the moment. Not only does it make my protein puddings more moist, but it also changed my banana bread for the better. But come on – what is Romeo without Juliet, the Traitors without Claudia Winkleman, or pumpkin without its special seasonal spice? We’ve written before…
