Bermuda re/insurers incur $1.34tn in global gross claims over a decade: BMA
The Bermudian commercial insurance and reinsurance sector incurred USD 1.34 trillion in gross claims costs to policyholders and cedants globally between 2016 and 2025, underscoring the island’s role in supporting policyholders in advanced and emerging markets outside the US and Europe. Data drawn from Bermuda Monetary Authority (BMA) statutory filings and periodic claims surveys, reveals…
What’s At Stake For Polanski In Holborn And St Pancras Contest
When Keir Starmer dramatically resigned as the MP for Holborn and St Pancras this week, all eyes quickly swivelled to Zack Polanski. He was elected as Green Party leader just a year ago but he has quickly made a name for himself. Polanski quadrupled the party’s membership numbers within just six months in the post,…
Record $800bn reinsurance capital offers insurers growth opportunities heading into 1.1: Aon
With global reinsurance capital climbing to a record $800 billion, insurers heading into the 1 January 2027 renewals have an exceptional opportunity to move from a defensive balance sheet management to strategic expansion. According to Aon’s recently launched Snapshot Guide to the Reinsurance Renewal report, this capital pool, which also includes record $144.5 billion of…
Koreyva to succeed Cary as Gallagher’s Controller and Chief Accounting Officer
Global insurance brokerage and risk management firm Arthur J. Gallagher & Co. has announced a planned leadership transition within its executive finance team. Kyle G. Koreyva has been appointed Controller and Chief Accounting Officer, and principal accounting officer of Arthur J. Gallagher & Co, succeeding Richard C. Cary, who is set to retire. Cary will…
ICEYE & The Water Institute partner to advance predictive flood intelligence
ICEYE, a company that operates the world’s largest synthetic aperture radar (SAR) satellite constellation, has partnered with The Water Institute to bring predictive flood intelligence platform FloodID, and its core development team to ICEYE. Built on Amazon Web Services via an Amazon grant, FloodID blends physics-based hydrologic modelling, machine learning, Earth observation data, and cloud…
7 Best Sex Toy Gift Sets To Give Your Lover Or Treat Yourself With
Pleasure is the meaning of life, but somewhere along the way, we forget that. Whether you’re busy with work, or constantly distracted by the online world, it can be easy to forget to connect with your partner, or yourself. With cosy season coming up, though, we’re all going to be cooped up indoors, so there’s…
Lockton welcomes two new leaders to its Alternative Risk Solutions practice
Lockton has strengthened its Alternative Risk Solutions (ARS) practice with the appointments of Alejandro Reyes to Lockton ARS as Analytics and Innovation Leader, and Owen Meaney as US Parametric Leader. In his new position, Reyes will focus on helping clients optimise their risk financing strategies through data-driven insights and innovative solutions. The executive brings over…
Post & Co to commence underwriting as part of Rokstone following regulatory approval
Post & Co, a specialist marine and logistics managing general agent (MGA), has received regulatory approval to begin writing business as part of Rokstone, an international specialty re/insurance MGA. Aventum, Rokstone’s parent company, originally announced the acquisition of Post & Co – considered one of continental Europe’s most established marine underwriting businesses – back in…
Best Gaming Laptops, CPUs, TVs, And Keyboards To Upgrade Your Set Up For GTA VI
After 13 years, Grand Theft Auto VI is finally in sight. Almost. With just a couple of months until its official launch (on 16 November, FYI) there’s still a little time to level up your gaming set up so you give the moment the experience you deserve. Whether you need a new gaming laptop, TV,…
MS Amlin adds Sarah Reidy to newly created role of Commercial Director
MS Amlin, a global specialty commercial insurance and reinsurance provider and part of MS&AD, has appointed Sarah Reidy to the newly created role of Commercial Director. In her new role, Reidy reports to Martin Burke, Chief Underwriting Officer, and will serve as a critical link between MS Amlin’s underwriting teams and the senior leadership of…