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W. R. Berkley CEO sees early signs of property cat competitiveness spilling into casualty

William Robert Berkley, president, CEO and director of WR Berkley Corporation, said he is seeing early signs that competitiveness in the property catastrophe reinsurance market is spreading to casualty insurance, as players strive to meet premium targets on the property side and therefore lean toward casualty insurance for revenue generation. Speaking on WR Berkley Corporation’s…

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HIVE expands into marine insurance with Nick Lewis appointment

HIVE Underwriters, an independent specialist managing general agent (MGA), has expanded into specialist marine insurance with the appointment of Nick Lewis as Chief Underwriting Officer (CUO), Marine Insurance, effective July 2026. The launch of Marine marks the next stage in HIVE’s development as a multi-line specialist MGA. Under Lewis’ leadership, HIVE will develop a diverse…

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Guernsey’s Halldora Re gets rating of A- with stable outlook from AM Best

Credit ratings agency AM Best has assigned new Guernsey reinsurance company Halldora Re Ltd (Halldora Re) a financial strength rating of A- (Excellent) and a long-term issuer credit rating of ‘a-‘ (Excellent) with a stable outlook. AM Best explained that the ratings reflect Halldora Re’s “very strong” balance sheet strength, adequate operating performance, limited business…

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Novi Underwriters expands management liability offering with Vantage-backed coverage

Novi Underwriters welcomes Jason Binette, James Cinque and Cody Ruggirello to lead its newly launched stewardship liability offering. Novi Underwriters is a full-service managed general underwriter managed by Lockton Affinity, dedicated to turning complex challenges into competitive advantage for insurance agencies and carriers. It has developed strong relationships with its carrier partners and offers specialized…

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Squalify launches new cyber risk quantification platform

Cyber ​​risk quantification (CRQ) platform Squalify has launched Essential CRQ, a simplified CRQ product that enables organizations to quickly and financially quantify their cyber risk, requiring minimal input and delivering results in as little as 24 hours. Essential CRQ is built on Squalify’s proven platform, leveraging 15 years of cyber risk data and the expertise…

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