Aon sees ‘more flexible’ reinsurance market in 2027 as capital hits $800bn
Aon’s Mike Van Slooten has suggested the reinsurance market will become “more flexible” in 2027 as global reinsurer capital reaches a record $800 billion, with strong sector profitability continuing to support capacity and giving buyers greater scope to reassess their programmes. Van Slooten, Head of Market Analysis, Reinsurance at Aon, made the comments during an…
Reinsurers maintain cautious approach to data centre accumulation risk: Arrivé, Fitch
Manuel Arrivé, Head of EMEA Reinsurance Ratings at Fitch Ratings, said the growth of data centres and digital infrastructure in general presents both an opportunity and significant risk for reinsurers due to potential exposure, accumulation risk and modelling challenges. During Fitch’s 2027 Global Reinsurance Outlook webinar, Arrivé noted that reinsurers tend to take a very…
Gallagher expands EMEA private capital and M&A team with senior commercial hire
Gallagher, the global insurance broking and risk management group, has strengthened its Private Equity and M&A (PEMA) operation in EMEA with the appointment of Paul Jeroen van de Grampel as Chief Commercial Officer EMEA. Based in London, van de Grampel will work across the EMEA region as Gallagher continues to develop its specialist offering for…
Gloria Steinem Life And Career: 6 Defining Moments Of The Iconic Feminist
Writer, activist and feminist trailblazer Gloria Steinem has died at the age of 92. Her spokesperson confirmed that, on 2 September, she passed “peacefully at her home in New York City, surrounded by some of the many who loved her”. Paying tribute, they wrote on Instagram: “Gloria’s near-century on earth were years well-lived, and she…
Swiss Re sees cyber insurance growth opportunity as AI and rising risks reshape market
Swiss Re, the global reinsurance company, has examined how evolving cyber threats and gaps in insurance protection are influencing the market and its prospects for future growth in its latest analysis of the cyber insurance sector. Swiss Re’s assessment suggests that while the factors driving growth within the cyber insurance market have changed relatively little…
MS Transverse expands board
MS Transverse, a specialty insurance platform that works with programme administrators and managing general agents (MGAs), has strengthened its Board of Directors with the appointment of Michael Angelina, Bryan Sanders and Kevin Traetow. The company said the three appointments add significant experience in specialty insurance, reinsurance, actuarial work, underwriting and strategic management to its board…
Unaired Love Is Blind UK Couple Who Got Engaged In Pods Share Their Story
This article contains major spoilers for the third season of Love Is Blind UK. If ever there were an argument in favour of Netflix’s Love Is Blind “experiment”, it’d be the third season of the UK edition. This year, not only did more couples than ever before get engaged in the pods, a record number…
Descartes and Generali renew strategic parametric partnership
Descartes Underwriting, a global provider of parametric re/insurance solutions for climate and emerging risks, and Generali Global Corporate & Commercial (GC&C), the business unit of Generali Group that provides insurance solutions and services to medium-large companies, have renewed their long-term strategic partnership. Building on their collaboration, which began in 2019, the agreement establishes a long-term…
Laurent Rousseau appointed Head of International for Marsh Re
Marsh, a global professional services firm, has announced the appointment of Laurent Rousseau as Head of International, Marsh Re, effective immediately. In this expanded role, based in London, Rousseau will lead Marsh Re’s Asia, Pacific, Latin America and Caribbean regions in addition to Europe and IMEA. He will also retain global leadership of Capital and…
domusIQ launches global underwriting business led by Donald Harrell
domusIQ Inc, an AI-powered analytics platform for commercial real estate, has launched domusIQ Risk Holding (Bermuda), a global risk, advisory and capital services business providing data-led, technology-enabled risk management and insurance solutions to commercial real estate owners worldwide. Donald Harrell will lead domusIQ Risk Holding (Bermuda) as Global Chief Executive Officer, Insurance. Harrell brings more…