Reports suggest Samsung Fire & Marine plans to increase stake in Canopius
Reports have emerged suggesting that Samsung Fire & Marine Insurance and Samsung Life Insurance, both part of South Korea’s Samsung Group, are planning to acquire an additional 50% stake in specialty and P&C re/insurer Canopius for more than 2 trillion won ($1.47 billion). The Korea Economic Daily was the first to report the news, citing…
Verisk launches US data centre database to help insurers assess growing AI infrastructure risks
Verisk, a strategic data analytics and technology partner serving the global insurance industry, has introduced a new US Data Center Exposure Database aimed at helping insurers, reinsurers and brokers assess the growing concentration of physical assets associated with data centre infrastructure. The database, developed by Verisk, covers more than 2,500 data centre facilities across the…
Evan Rachel Wood Slams Practical Magic 2 For Recasting Her Role Without Telling Her
Evan Rachel Wood had some strong words for the team behind the new Practical Magic sequel. The Westworld actor appeared in the original film alongside Sandra Bullock and Nicole Kidman, and while the majority of the cast were invited back for the upcoming sequel, Evan’s role was recast, with Joey King taking over as Kylie…
Andrew Hare appointed Chief Executive Officer of Japan, Marsh Re
Marsh, an insurance and reinsurance broker and risk advisor, has announced the appointment of Andrew Hare as Chief Executive Officer of Japan, Marsh Re, effective January 1, 2027, subject to regulatory approval. He succeeds Jeremy Fox, who will continue in his role as Chairman, Asia Pacific, Marsh Re. Hare joined Marsh in May 2026 and…
Oak Global targets profitable growth through Lloyd’s distribution and AI-led underwriting: CEO Carr
Reinsurance News spoke with Oak Global Founder and CEO Cathal Carr around RVS 2026 in Monte Carlo, with the discussion focusing on how the reinsurance business is using the Lloyd’s market, technology and artificial intelligence to support its growth strategy. Oak Global is a Lloyd’s-focused reinsurance business operating through two syndicates, with Carr saying the…
The Gentlemen Season 2 Reviews: Critics Call Netflix Show’s Return ‘Impressive’ But ‘Slow’
After two and a half years away from our screens, Guy Ritchie’s TV spin-off of his 2019 film The Gentlemen is back with more shoot-outs, swearing and eccentric characters. In its second outing, the eight-part Netflix series once again centres around Theo James’ Eddie, after he inherits his family’s country estate and discovers it’s home…
Substantial deterioration in underwriting or financial conditions required to reverse softening momentum: Howden Re
Reinsurance broker Howden Re has said that a substantial deterioration in underwriting or financial conditions would be required to reverse the reinsurance market’s current softening momentum. The firm has released its Pre-Monte Carlo Report, “Breaking the Glass”, highlighting that the reinsurance market enters the final months of 2026 from a position of considerable strength. Pricing…
Gloria Steinem, Feminist Activist And Writer, Has Died Aged 92
The pioneering activist and writer Gloria Steinem has died at the age of 92. On Thursday morning, her spokesperson confirmed that the feminist trailblazer had died “peacefully at her home in New York City, surrounded by some of the many who loved her” a day earlier. Paying tribute, they wrote on Instagram: “Gloria’s near-century on…
Tiernan calls for innovation to become Lloyd’s ‘natural operating rhythm’
In a statement accompanying Lloyd’s H1 2026 results, Chief Executive Patrick Tiernan suggested that addressing challenges such as the protection and perception gaps will require the full power of the Lloyd’s market to be harnessed to manage risks that others cannot, moving beyond isolated innovations in products, capital or structures to make innovation the market’s…
Super El Niño UK Weather Impact: Met Office Predicts Winter Storms And Record Heat
After record-breaking temperatures swept the UK and Europe this year, it’s fair to say next summer will likely be even worse due to a climate phenomenon called El Niño. The phenomenon develops every few years, and involves the eastern and central equatorial Pacific Ocean becoming hotter than normal, according to Professor Bill McGuire, a professor…
