OdysseyRe appoints Gromellon and Serres as Co-CUOs, EMEA
Odyssey Reinsurance Company (OdysseyRe), the property and casualty reinsurance division of Odyssey Group Holdings, Inc., a subsidiary of Fairfax Financial Holdings Limited, has appointed Tegwen Gromellon and Anne-Claire Serres as co-chief underwriting officers (CUO) for its Europe, Middle East and Asia (EMEA) division, effective July 1, 2026. The pair succeed long-time CUO Gaël Le Païh,…
Generali and ECMWF formalise European partnership on climate risk and resilience
The European Center for Medium-Range Weather Forecasts (ECMWF), the European intergovernmental organization specializing in weather and climate forecasting, has signed a memorandum of understanding with international insurance company and asset manager Generali Group to expand the use of quality-assured climate information to support climate risk resilience across Europe. The agreement strengthens the existing relationship between…
Cyber attacks drive £3.7bn in shareholder litigation costs for UK businesses, Gallagher research finds
Cyberattacks are expected to cost large UK businesses £11.7bn in 2025, with shareholder litigation accounting for £3.7bn of the total cost, according to new research by international insurance broking, risk management and consultancy firm Gallagher, in collaboration with the Center for Economics and Business Research (CEBR). The study simulated a scenario in which each affected…
Aon unveils digital trading platform for Follow line business in the London Market
Aon has unveiled plans to launch the Aon Digital Placement Exchange (Aon DPX), a new digital trading platform that will modernize the placement of Follow Line businesses in the London market by using structured data and algorithmic trading to more effectively connect brokers, capital and risk. The platform plans to go online in the second…
Novatae appoints Brian Voorhees as MD of Personal Lines
Novatae Risk Group (Novatae), the wholesale insurance business of World Insurance Associates, has announced the appointment of Brian Voorhees as Managing Director (MD) of Personal Lines. In his new role, Voorhees will lead Novatae’s personal lines business and be responsible for setting strategic direction, driving growth and delivering strong operational and financial results. He will…
Markel introduces new media and entertainment coverage to professional liability offerings
Markel, the insurance business unit of Markel Group Inc., has expanded its professional liability offerings to provide insurance protection against rapidly evolving creative, digital and professional risks. The enhanced ProSolutions product portfolio is a suite of professional liability products designed for specific risks and designed to eliminate insurance blind sports. By consolidating multiple insurance needs…
Michelle Hubicki appointed Director of Reinsurance at Incline P&C
Incline P&C Group, an Austin, Texas-based property and casualty insurance planning platform with more than $2 billion in total written premiums, announced the appointment of Michelle Hubicki, AFIS, as director of reinsurance. In her role at Incline P&C Group, she will be responsible for leading the execution of core treaty renewals and project placements across…
LexisNexis Risk Solutions introduces AI-powered Location Intelligence tool for US home insurers
LexisNexis Risk Solutions, a data and analytics provider focused on the insurance, financial services and public sector markets, has launched LexisNexis Location Intelligence for Home, a predictive analytics solution designed to help American Home Insurance Company more accurately assess property risk. The tool uses artificial intelligence and neural network modeling to support underwriting decisions during…
Jun Xu joins Zhibao Labuan Reinsurance board as Independent Director
Industry veteran Xu Jun has joined the board of directors of Zhibao Labuan Reinsurance Co., Ltd., a China-based insurtech company specializing in digital insurance brokerage, as an independent director. The executive has more than 30 years of senior leadership experience and brings deep international insurance and reinsurance expertise to the company’s leadership. Her career has…
Centre for Disaster Protection’s new platform to help accelerate risk financing solutions
The Center for Disaster Preparedness (the Center) has launched Labs, a new innovation platform designed to accelerate practical solutions to help governments better plan, finance and respond to disasters. Conor Meenan will lead the initiative as Laboratory Director. As modern disasters continue to increase in scale and complexity, traditional reactive financing models have proven insufficient….
