Category: Insurance

Christopher Gray, Divisional Director, Reinsurance, at Westfield Specialty International, has argued that success in today’s reinsurance market depends on more than capacity alone, demanding expertise, strong partnerships and a clear commitment to delivering value. As the annual Baden-Baden reinsurance meeting approaches, Gray sees it as an “invaluable opportunity” to strengthen relationships, exchange insights and explore…

Duck Creek Technologies, a provider of software for the property and casualty insurance industry, has announced the appointment of William Magowan as Chief Sales Officer. In his new role, Magowan will oversee the company’s global sales operations and drive growth initiatives as insurers continue to invest in modern core systems and agentic AI. The executive…

Dirk Spenner, CEO of Gallagher Re International, said one of the key themes reinsurers will be focusing on at this year’s Baden-Baden is how they can stay relevant to clients, and this includes offering frequency protection and aggregate covers, but in a very well-structured and calculated manner. In an interview with Reinsurance News ahead of…

Large European insurer Zurich has appointed Scott Yin as its new Chief Executive Officer (CEO) for Zurich China, pending regulatory approval. In the new role, Yin will be based in Shanghai, reporting to Eric Hui, CEO of Greater China at Zurich. He will lead the next phase of growth for Zurich’s commercial insurance business in…

RT Specialty and Ryan Alternative Risk, Ryan Specialty’s wholesale brokerage and alternative risk divisions, respectively, have expanded RT FLEX, a proprietary follow-line facility that provides RT Specialty brokers access to additional capacity across a broad range of specialty insurance products. Launched in 2025, RT FLEX is a multi-line platform spanning property, casualty, and professional and…

Verisk’s Catastrophe and Risk Solutions business has estimated insured industry losses to onshore property from Hurricane Isaias at between $1 billion and $2 billion, with wind damage expected to account for the vast majority of losses. Verisk explained that the estimate covers wind and privately insured storm surge losses from Isaias’ Florida Panhandle landfall. It…

As the global reinsurance industry heads to Baden-Baden, the January renewals will of course be a big topic, and against a backdrop of a complex and increasingly interconnected risk landscape, dialogue, depth, and delivery are key to a productive insurer and reinsurer relationship. This was the message from Nikhil da Victoria Lobo, Head of P&C…

Porch Group, a homeowners insurance and vertical software platform, and Porch Insurance Reciprocal Exchange (the Reciprocal) have entered into a definitive agreement to acquire Allied Trust’s managing general agency (MGA) and insurance carrier, respectively. Under the agreements, Porch Group will acquire Allied Trust’s managing general agent (MGA) and captive reinsurance entity for an aggregate base…

The Insurance Information Institute (Triple-I), a US-based organisation that provides research, insights and analysis on insurance-related issues, has warned that businesses face mounting financial and operational pressures as cyber threats become more sophisticated and expensive to manage. In its latest members-only report, Commercial Cyber Insurance: State of the Risk, Triple-I examines the factors influencing the…

Amwins Global Risks (AGR), the specialist global risk division of Amwins, has broadened the scope of its Commercial & Industrial (C&I) insurance facility to include battery energy storage systems (BESS) and electric vehicle (EV) charging infrastructure. The expanded facility enables developers, owners and investors to insure multiple distributed energy assets across different locations under one…