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Gallagher appoints Jörg Seidel as Client Director for Krose

Gallagher, the global insurance broking and risk management company, has appointed Jörg M. Seidel as Client Director at Krose, its German business specialising in risk management and insurance solutions for large blue-chip clients. In his new role, Seidel will drive sales and strengthen key client relationships, and contribute to further enhance operational excellence and governance,…

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Asteria to grow digital infrastructure for aviation asset and loss information with new Lloyd’s investment

Asterias, a digital insurance software and data capture platform for aviation asset and loss management, has secured a strategic investment from Lloyd’s of London, a global insurance and reinsurance marketplace, aimed to advance its digital infrastructure. The investment follows earlier backing from Insurtech Gateway and a group of industry investors. The fresh capital will accelerate…

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Mid-single-digit billions of dollars loss from Isaias unlikely to affect P&C re/insurer credit profiles, says Fitch

A wide rage of insurers and reinsurers are expected to be impacted by Hurricane Isaias, which made landfall as a Category 2 storm in the Florida Panhandle on October 9th, but while the event is expected to drive moderate economic and insured losses, Fitch says it is “not likely to affect credit for rated property/casualty…

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Etude launches E&S carrier for commercial P&C

Etude, a provider of high-agency talent, custom technology, and permanent capital to the insurance, commercial real estate, and industrial industries, has launched Etude Specialty Insurance Company, a Nebraska-domiciled technology-driven excess and surplus (E&S) lines carrier for commercial property and casualty (P&C). Etude Specialty has over USD 100 million of surplus and will write in all…

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ICW Re selects Ultrassure’s AI workspace to support reinsurance workflows

Ultrassure, an AI workspace for insurance and reinsurance, has announced that it has been selected by ICW Re, a global multi-line reinsurer, to support certain underwriting, operations and claims-related workflows following a successful pilot. ICW Re is the assumed reinsurance business of ICW Group Insurance Companies, a San Diego-based group of property and casualty carriers….

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Chariot Re completes first reinsurance transaction covering Japanese liabilities

Chariot Reinsurance, Ltd., the Bermuda-based Class E life and annuity reinsurer co-sponsored by MetLife and General Atlantic, has successfully completed its fourth reinsurance transaction since its launch in July 2025, and its first covering Japanese liabilities. Effective 30 September 2026, Chariot Re entered into a retrocession agreement with MetLife Reinsurance Company of Hamilton Ltd., a…

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Flood Re sets out plans for UK-wide flood resilience information platform

Flood Re, a joint initiative between the UK government and the insurance industry designed to improve access to affordable flood insurance for households at risk, has announced plans to expand BeFloodReady into a national platform dedicated to flood resilience. The company intends to develop the platform into a central online resource offering reliable information, practical…

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Berman appointed as Marsh Re’s Head of Advisory for North America

Global reinsurance broker Marsh Re has appointed Blake Berman as Head of Advisory for North America. Berman brings extensive experience across advisory, client strategy, and the insurance and reinsurance markets, with a strong track record of helping clients navigate growth and capital efficiency challenges. He initially joined Marsh in 2011 as Assistant Vice President, Casualty…

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Pacific Life Re executes structured reinsurance capital solutions transaction in Japan

Pacific Life Re, the global reinsurance business of Pacific Life, has completed its second structured reinsurance transaction for this year for a leading Japanese life insurance company. The transaction, as confirmed by the reinsurer, was designed to enhance the cedant’s capital efficiency and optimise its economic capital position under Japan’s new Economic Solvency Ratio (ESR)…

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