TFP successfully prices $2.04bn refinancing, replacing its Term Loan B facility
Specialty insurance and reinsurance group The Fidelis Partnership (TFP) has announced the successful pricing of a $2.04 billion refinancing, replacing its existing unitranche facility with a new senior secured Term Loan B facility. This refinancing significantly lowers TFP’s cost of debt from SOFR + 5% to SOFR + 2.75%, and opens access to blue chip…
Orbital Sentry secures new capital to bring continuous satellite monitoring for wildfire risk
Orbital Sentry, a deep-tech startup building persistent infrared imaging systems for geosynchronous orbit (GEO), has announced the close of a pre-seed funding round led by Ridgeline, with participation from Superorganism and Hustle Fund. With the newly secured capital, Orbital Sentry can move into its next phase of growth, specifically by helping to accelerate the development…
PERILS decreases insured loss estimate for extratropical windstorm Nils to €695m
PERILS, a Zurich-based catastrophe insurance data provider, has disclosed a reduced loss estimate for extratropical windstorm Nils, also known as Ulrike, of EUR 695 million, which affected the Nouvelle-Aquitaine and Occitanie regions in southwest France from 11 to 13 February 2026. This is the third industry loss estimate for the extratropical windstorm, and compares to…
Hayden Panettiere Tributes Shared By Viola Davis And Scream Cast
Stars who knew and worked with Hayden Panettiere have been paying tribute following the news of her sudden death at the age of 36. Oscar winner Viola Davis was among the first to pay her respects in the early hours of Monday morning, having worked with Hayden on the courtroom drama Custody. “What an amazing…
Pinion announces key additions to executive leadership and accounting team
Pinion Insurance, a London-headquartered specialty insurance carrier formed earlier this year, has announced three key additions to its executive leadership team and accounting function. The new team members include Kathryn Edwards, who has been appointed Group Controller; Brock Werner, named US Treasurer and Financial Planning and Analysis; and James Green, the company’s new Finance Systems…
Mrs Brown’s Boys Christmas And New Year Specials Cancelled For 2026
Mrs Brown’s Boys creator Brendan O’Carroll has announced he will be unable to go ahead with this year’s festive specials on medical grounds. Traditionally, the divisive comedy airs over both Christmas and New Year, but on Monday morning, Brendan shared that this would not be the case in 2026. “It is with sincere regret I…
AEGIS London partners with Augentic to launch ‘market first’ cross-class digital follow consortium
Lloyd’s syndicate AEGIS London, in collaboration with tech-enabled MGA Augentic, has launched a new cross-class digital follow consortium in the Lloyd’s market, enabling brokers to secure a follow line spanning Property, Casualty and Specialty risks through a single digital arrangement. This “market first” facility is reportedly designed to simplify placement and improve speed to market,…
Madonna Won’t Headline Glastonbury 2027, But Bosses Hint Taylor Swift Could
We’re afraid there’s been a disappointing update for anyone hoping to see Madonna making her Pyramid Stage debut next year. Back in June, ahead of the release of her latest hit album Confessions II, the Queen of Pop sat down for a chat with presenter (and superfan!) Graham Norton for a one-off BBC special. During…
SiriusPoint appoints Parvatikar as VP, Reinsurance Technology Platforms & Transformation Lead
SiriusPoint, a specialty insurer and reinsurer based in Bermuda, has appointed Ajay Parvatikar as VP, Reinsurance Technology Platforms & Transformation Lead. Parvatikar brings more than 25 years of professional IT experience, driving enterprise-wide technology initiatives that accelerate digital transformation across the organisation. He has a proven track record of leading complex, cross-functional change programmes, translating…
Price Forbes names Chris Harris as MD, Head of US casualty
Price Forbes, a specialist insurance and reinsurance broker, has appointed Chris Harris as Managing Director (MD), Head of US casualty, effective immediately. Harris, who has over three decades of industry experience in broking and underwriting roles with several MGAs, will lead and manage the US casualty team, set and execute strategic direction, and drive growth….
