Talbot strengthens specialty teams with key leadership appointments and promotions

Talbot Underwriting, a division of AIG, has announced a series of strategic leadership appointments and promotions, moves that reflect its continued investment in talent and the strengthening of the company’s underwriting capabilities. Mark Ladbrook has been promoted to active underwriter, Syndicate 1183, pending regulatory approval. The executive has been with Talbot for 11 years, most…

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Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation

Moody’s said Zurich’s proposed acquisition of Beazley would be credit positive for the Swiss insurer, accelerate its efforts to establish a leadership position in specialty insurance, and drive further consolidation in the cyber insurance market in which both parties are major players. On Monday, Zurich announced it had submitted a 7.7 billion pound ($10.3 billion)…

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AXA DCP to utilise ICEYE’s SAR data to track extreme weather events

AXA Digital Commercial Platform (AXA DCP), an AI-driven risk management system, has struck a deal with ICEYE, the manufacturer and operator of the world’s largest synthetic aperture radar (SAR) microsatellite constellation, allowing it to track floods, wildfires, hurricanes and other extreme weather events with what the company says is “unprecedented” accuracy. AXA DCP is AXA’s…

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Karen Nordblom to serve as COO, Europe for Howden Re International

Global reinsurance broker Howden Re has appointed Karen Nordblom as European chief operating officer (COO) of Stockholm-based Howden Re International. In her new role, Nordblom will lead the operational direction of the broker’s European platform and branch network. In addition, she will serve as commercial director for Howden Re’s European operations, ensuring strong regulatory and…

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Pen Underwriting adds Glover as Senior Development Underwriter, Northern Ireland

Pen Underwriting, a multi-category, multi-territory managing general agent (MGA), has appointed Darren Glover as senior development underwriter for Northern Ireland. Glover joins Pen’s Commercial Risk Management team, which serves brokers and clients across the UK, extending its network of dedicated underwriting expertise into Northern Ireland. In his new role, Glover will drive the expansion of…

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2025 insured cat losses total $129bn, with US accounting for 78%, says Gallagher Re

Reinsurance brokerage and advisory firm Gallagher Re has released its 2025 full-year natural catastrophe and climate report, which reports that global natural catastrophe losses in 2025 are largely controllable for the reinsurance industry, with total insured losses estimated at $129 billion for the year, about 5% lower than the average recorded between 2015 and 2024….

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