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JAB Insurance, the global insurance business of JAB Holding Company, has launched JAB Re, a reinsurance and capital solutions business that intends to build a financial advisory and wealth management business, led by Ed Sunoo within JAB Institutional. JAB Re is the flagship reinsurance and capital solutions business of JAB Institutional, offering customised solutions through…
Aon’s Mike Van Slooten has suggested the reinsurance market will become “more flexible” in 2027 as global reinsurer capital reaches a record $800 billion, with strong sector profitability continuing to support capacity and giving buyers greater scope to reassess their programmes. Van Slooten, Head of Market Analysis, Reinsurance at Aon, made the comments during an…
Manuel Arrivé, Head of EMEA Reinsurance Ratings at Fitch Ratings, said the growth of data centres and digital infrastructure in general presents both an opportunity and significant risk for reinsurers due to potential exposure, accumulation risk and modelling challenges. During Fitch’s 2027 Global Reinsurance Outlook webinar, Arrivé noted that reinsurers tend to take a very…
Gallagher, the global insurance broking and risk management group, has strengthened its Private Equity and M&A (PEMA) operation in EMEA with the appointment of Paul Jeroen van de Grampel as Chief Commercial Officer EMEA. Based in London, van de Grampel will work across the EMEA region as Gallagher continues to develop its specialist offering for…
Writer, activist and feminist trailblazer Gloria Steinem has died at the age of 92. Her spokesperson confirmed that, on 2 September, she passed “peacefully at her home in New York City, surrounded by some of the many who loved her”. Paying tribute, they wrote on Instagram: “Gloria’s near-century on earth were years well-lived, and she…
Swiss Re, the global reinsurance company, has examined how evolving cyber threats and gaps in insurance protection are influencing the market and its prospects for future growth in its latest analysis of the cyber insurance sector. Swiss Re’s assessment suggests that while the factors driving growth within the cyber insurance market have changed relatively little…
MS Transverse, a specialty insurance platform that works with programme administrators and managing general agents (MGAs), has strengthened its Board of Directors with the appointment of Michael Angelina, Bryan Sanders and Kevin Traetow. The company said the three appointments add significant experience in specialty insurance, reinsurance, actuarial work, underwriting and strategic management to its board…
This article contains major spoilers for the third season of Love Is Blind UK. If ever there were an argument in favour of Netflix’s Love Is Blind “experiment”, it’d be the third season of the UK edition. This year, not only did more couples than ever before get engaged in the pods, a record number…
Descartes Underwriting, a global provider of parametric re/insurance solutions for climate and emerging risks, and Generali Global Corporate & Commercial (GC&C), the business unit of Generali Group that provides insurance solutions and services to medium-large companies, have renewed their long-term strategic partnership. Building on their collaboration, which began in 2019, the agreement establishes a long-term…
Marsh, a global professional services firm, has announced the appointment of Laurent Rousseau as Head of International, Marsh Re, effective immediately. In this expanded role, based in London, Rousseau will lead Marsh Re’s Asia, Pacific, Latin America and Caribbean regions in addition to Europe and IMEA. He will also retain global leadership of Capital and…