Category: Insurance

CyberCube, a provider of cyber risk analytics for the insurance industry, and United Insurance Brokers (UIB), the insurance and reinsurance brokerage of Lloyds International, have released a joint research report exploring the expansion of the cyber insurance market in Asia. In the report, Unlocking Asia’s cyber insurance opportunity: Brokers’ role in growth, CyberCube and UIB…

Global reinsurer Swiss Re has appointed Rafael Schneider as head of markets for the Mediterranean and Middle East, effective July 1, 2026, and expanded Thomas Rauber’s responsibilities to include Switzerland and the Netherlands, while Mira Kiridzic-Bügler’s responsibilities will include the Nordics and CIS countries, effective August 1, 2026. These appointments follow Anna Ziswiler’s move to…

Morningstar DBRS, a global credit ratings, risk analysis and financial research firm focused on banks, insurance companies and financial institutions, said the financial impact of the ongoing Middle East conflict on global property and casualty (P&C) insurers will remain limited in the first quarter of 2026, despite continued disruption across the region and the closure…

Dale Underwriting Partners, trading name of Lloyd’s Syndicate 1729 of Dale Management Agency Limited, has appointed Richard Bonnett as group underwriter to strengthen its North American casualty reinsurance business. Based in London, Bonnett will report to Peter Cordell, director of North America Casualty. Dell explained that the appointment reflects its continued investment in its casualty…

More than half (51%) of the $670 billion worth of planned U.S. data center projects are located in states with a high risk of severe convective storms (SCS), according to new analysis from specialty insurance company MS Amlin. MS Amlin’s analysis examined more than 670 data center projects under construction or planned across the United…

Jencap Group LLC, an American wholesale insurance brokerage group and one of the largest wholesalers in the United States, announced the promotion of Kevin Hahn, Jr. to Executive Vice President (EVP) of National Casualty. Hahn will support the company’s leadership team in managing national carrier and broker relationships while also overseeing its New York City…

Credit ratings agency AM Best has found that insurers are well prepared to deal with any direct impact from the recent outbreaks of Ebola and Andean hantavirus, in part due to “lessons learned” from the COVID-19 pandemic on underwriting gaps and system vulnerabilities. AM Best’s commentary states that “insurers are better prepared for rare disease…

American Universal Insurance, part of American Universal Insurance and Reinsurance Group (American Universal Group), has entered into a major quota share reinsurance partnership with a syndicate of two corporate-owned Lloyds to support its medical indemnity insurance portfolio. Effective January 1, 2026, participating Lloyd’s syndicates bear 50% of premiums and losses on risks insured by the…

Pacific Life Re, the reinsurance arm of Pacific Life Re, welcomes the Japan Financial Services Agency’s (JFSA) proposed code amendments to the Comprehensive Code for Insurance Company Supervision as they promote the healthy development of asset-intensive reinsurance (AIR). PL Re said: “While the final form of the guidance has not yet been determined, we welcome…

Allianz UK, part of financial services group Allianz SE, has joined the FloodAction Coalition, a move that demonstrates its commitment to flood resilience and sustainable solutions. The FloodAction Coalition aims to bring together insurers, landowners and investors to create a £1bn water restoration market by 2028. To achieve this, the alliance aims to transform nature-based…