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S&P Global Ratings, a global provider of credit ratings, research and analysis, says cyber risks linked to data centres are increasing but remain underrecognised. In a new report titled, Data Center Cyber Risk Is Increasing And Underrecognised, S&P examines how the growing integration of operational technology (OT) and IT systems, combined with the rapid expansion…
Miller Insurance Services LLP, an independent specialist re/insurance broker, has announced the appointment of Vinnisha Chandrasegar as Associate Director, Treaty, at Miller Malaysia. Chandrasegar joins the business following roles with Willis Re, Gallagher Re and GC, where she gained experience supporting clients and insurance and reinsurance markets across the region. She will focus on developing…
AM Best, the global insurance credit ratings agency and provider of insurance market intelligence, says US property and casualty mutual insurers recorded a significant improvement in financial performance during 2025, despite continued competitive pressures and exposure to severe weather events. In its latest Best’s Market Segment Report, Mutual Insurers Resilient Despite Competitive Pressures, AM Best…
Specialist reinsurance broker Juniper Re has licensed KatRisk’s Severe Convective Storm and Wildfire catastrophe models, expanding its ability to assess and manage risk across two perils that continue to present significant modelling challenges for the insurance market. The KatRisk Severe Convective Storm Model provides a probabilistic view of hail, tornado and straight-line wind risk, supporting…
Ergo Group AG, the primary insurance subsidiary of Munich Re, has appointed Guy Goldstein to a newly created role of Chief Artificial Intelligence Officer (CAIO) on its Management Board, effective 1 October 2026. In his new role, Goldstein will be responsible for the systematic implementation of artificial intelligence across the entire ERGO Group. He steps…
In it’s latest report Personal Lines Success: To Grow, Specialise or Retreat? Insurance and reinsurance advisory firm Stonybrook Capital & Risk Management says the Personal Lines market is increasingly separating into two broad strategies: insurers pursuing scale and those focusing on specialist underwriting. Stonybrook explains that Personal Lines can still deliver attractive returns, but insurers…
Global life reinsurer Pacific Life Re has announced the appointment of Mei Sum Chan as Head of Medical Analytics. Sum Chan succeeds Ian Collins, who retires following more than 15 years at Pacific Life Re. During Collins’ tenure, he held various roles, culminating in setting up and leading Medical Analytics. Pacific Life Re noted that…
Artificial intelligence (AI) and supply chains open new pathways to systemic stress as risks become increasingly interconnected, a new joint analysis by Swiss Re Institute and LSE finds. The research, which analysed filings from 91 Fortune-100 companies between 2019 and 2016, revealed a 24% increase in the links between risks, with AI and supply chains…
Insurance Australia Group (IAG) has reached a confidential settlement with Credit Suisse entities over approximately A$2.8bn of claims arising from the collapse of Greensill, in the latest step towards winding down a major trade credit insurance dispute. IAG said in a new update today that its subsidiary Insurance Australia Limited (IAL) had agreed to settle…
Artificial intelligence (AI) and supply chains open new pathways to systemic stress as risks become increasingly interconnected, a new joint analysis by Swiss Re Institute and LSE finds. The research, which analysed filings from 91 Fortune-100 companies between 2019 and 2016, revealed a 24% increase in the links between risks, with AI and supply chains…