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Aon, a global insurance and reinsurance broker and risk advisor, has launched a new insurance solution, Global Onshore Renewables Facility, which combines dedicated insurer capacity for onshore wind, solar photovoltaic and battery storage projects valued up to $300 million. The solution has been designed to help developers, owners, and contractors manage risk and access capital…
Lumos Insurance, a wholly owned subsidiary of financial services holding company Hoplon Capital, has appointed Ian Meadows as Senior Vice President and Managing Director, Global Property Casualty & Specialty Insurance. The company provides insurance products to banks, credit unions and specialty lenders, with operations spanning credit protection, specialty property and casualty, and life and health…
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Caitlin Shea McGrath as Head of Excess & Surplus (E&S), US. She has over 17 years experience in specialty insurance, and joined Swiss Re CorSo five years ago. Most recently, she led the firm’s North America Crisis Management business, before…
Assurex Global, a privately owned commercial insurance, risk management and employee benefits brokerage group, has elected Kansas-headquartered, family-owned insurance and risk advisory agency, The Miller Group, as its newest Partner Firm. The firm explained that its “rigorous selection process” evaluates potential partners on local market expertise, operational success, and alignment with its core commitment to…
Liberty Mutual Investments (LMI), the investment firm for Liberty Mutual Group, has appointed Paschal Brooks into the newly created role of Managing Director (MD) and Head of Insurance Solutions & Capital Markets, effective 21 September 2026. The firm’s Insurance Solutions & Capital Markets team sits within its Global Strategy & Capital Allocation business. The appointment…
Global Parametrics, a financial risk management company specialising in parametric solutions for natural disaster and climate-related risks, has reported that USD 400,000 in payouts has been triggered through the Natural Disaster Fund (NDF) to support communities affected by drought in Pakistan and Ethiopia. The payouts form part of a multi-country drought protection programme operated by…
Artificial intelligence (AI) is becoming embedded into core business processes faster than many organisations can establish their governance, security and incident-response capabilities, according to a recent report by AXA XL and cyber security consultancy S-RM. The report, ‘Building Resilient AI: Managing AI risk through governance, security and resilience’, cautions that executive teams are facing a…
Liberty Mutual Insurance has announced the appointment of Shaun Sinniah as Head of Capital Solutions for Global Risk Solutions (GRS), a newly created role. Sinniah will join the company on September 28 and will report to GRS President Matthew Moore. The executive has been tasked with supporting GRS’s strategy to strengthen the connection between its…
Reinsurers are shifting their growth focus from core catastrophe markets toward high-barrier specialty lines as property catastrophe rates face continued softening, according to Berenberg comments following the 2026 Monte Carlo Rendez-Vous de Septembre. During their time at the 2026 RVS, Berenberg met with representatives of Hannover Re, Hiscox, Munich Re, SCOR, Swiss Re, UNIQA and…
Sedgwick, a global provider of technology-enabled risk, claims and business solutions, has launched its new Carrier and Captive Solutions entity, designed to manage claims complexity, improve performance and support long-term growth. Risk is shifting faster than traditional insurance can keep pace. While carriers remain the backbone of the industry, more buyers are turning to captives,…