Category: Insurance

Aviva’s global risk management solution has partnered with ONYX Insight, a global provider of predictive analytics for the wind industry, to provide wind asset owners and operators with tools to help reduce operational and insurance risks while optimizing asset lifecycles. Enhancing and maintaining turbine performance is one of the most significant operating costs owners and…

Specialist insurance and reinsurance broker Price Forbes has announced the appointment of Darren Ting as managing director of multinational real estate and heavy industry, effective June 2027. In his new role, Ding will lead the development and expansion of Price Forbes’ new multinational real estate and heavy industrial proposition. He will be based in London…

As cyber risks increase and rates fall, pushing the cyber insurance market to a critical crossroads, reinsurers will remain the backbone of the industry’s ability to transfer cyber risk. That’s according to a recent report from S&P Global Ratings, which noted that the reinsurance market will become a major absorber of cyber accumulation risk as…

Following the death of Antares CEO Michael van der Straaten, Ahmed El Tabbakh, chief commercial officer of Antares parent company QIC International Group, will lead the Antares business on an interim basis while a new leadership structure is finalized. Antares said in a statement on Monday: “It is with great sadness that we announce that…

Specialty insurance program manager MISSION has announced that Miami-based general underwriter (MGU) Capital Bay Underwriting will join MISSION Latin America as the first program on the platform. MGU, formerly part of Ryan Specialty, provides financial line temporary reinsurance solutions to private and public businesses in the Caribbean and Latin America, having underwritten a variety of…

CatIQ, a Toronto-based independent provider of industry-wide catastrophe insurance data and a subsidiary of PERILS, has released updated insured loss estimates for two severe weather events that hit Canada in June 2026, while also confirming final loss estimates for the flooding that affected Toronto and surrounding areas on July 15-16, 2024. Severe storms that swept…

Nadine Moore joins global specialty and property insurance and reinsurance company Canopius Group from consulting firm Boston Consulting Group as CEO of its U.S. operations to accelerate growth. Based in Chicago, Moore will lead the airline’s US operations from September this year and will join the group leadership team, reporting to group chief executive Neil…

Barbados-based secondary insurance and reinsurance company Seychelles Re Global Limited (SeyRe Global) has announced the promotion of Shahina Chattun to Chief Financial Officer (CFO). Chattun has extensive experience in auditing, accounting, corporate finance, tax compliance and IFRS reporting. She joins SeyRe Global from Dream Yacht Charter as Group Accounting Manager. Prior to this, she held…

AM Best, a global credit rating agency and information provider specializing in the insurance industry, has confirmed the stable outlook for the global cyber insurance sector in its latest market segmentation report, Segment Outlook: Global Cyber ​​Insurance. The rating agency’s assessment reflects continued demand for cyber insurance despite a soft pricing environment, as well as…

Arch Insurance International, part of Arch Capital Group and a multi-disciplinary specialist insurance solutions provider, has promoted Sophie Law to Cyber ​​Underwriting Manager, effective immediately. In his new role, Law is based in London and reports to James Barrett, head of networks and healthcare. She will oversee underwriting activities across the entire cyber portfolio, covering…