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Blenheim Partnerships, part of the White Bear Group, has expanded its marine specialty risks offering with a new-build delivery failure insurance solution, Knot-on-Time. Led by Edward Parker as Senior Underwriter, Special Risks, the solution safeguards vessels owners against financial losses rising from delayed or failed ship deliveries. With global shipbuilding activity at its highest levels…
Relm Insurance, an insurer providing coverage for businesses operating in emerging and specialised sectors, has appointed Sue Crawford as Senior Vice President and Head of Distribution, reporting to Chief Underwriting Officer Shane Doyle and will be based in New York. In the new role, Crawford will oversee Relm’s distribution strategy and work with brokers and…
Noldor, a company focused on transforming disjointed insurance data into a valuable asset driving the programme marketplace, has announced the appointment of Tom Anderson as Head of Sales. In his new role, Anderson will build and lead the sales organisation as Noldor expands across the US, Lloyd’s and London company markets. He brings two decades…
Specialist managing general agent (MGA) Banyan Risk has launched a new US Inland Marine & Marine Property product, with capacity provided by program partner Accredited Insurance Limited. The new line targets four core segments: Construction & Infrastructure (contractors’ equipment, builders’ risk, installation floater, riggers), Logistics, Transportation, Transit & Shipping (motor truck cargo, trip transit, owners’…
New analysis from global professional services firm Aon suggests that global property and casualty insurers are entering the next phase of the market cycle from a position of strength, creating an opportunity to turn recent profitability gains into long-term competitive advantage. The benefits of “acting now” are significant, Aon said, as stronger profitability gives insurers…
Skyward Group, a specialty insurance organisation whose operating businesses include Skyward Specialty Insurance Group, Inc. and Apollo Group Holdings Ltd., has announced a planned change in its senior financial leadership, with current Chief Financial Officer Mark Haushill set to retire next year. Haushill will retire from his position on 31 March 2027, bringing to an…
MNRB Holdings Berhad’s wholly owned subsidiary, Malaysian Reinsurance Berhad (Malaysian Re), reported profit after tax of RM140.2 million for the first quarter of the financial year ending 31 March 2027, up 25.1% year over year from RM112.1 million and contributing 76.3% of the group’s overall profit after tax. Malaysian Re’s profit after tax growth was…
Offshore reinsurance arrangements accounted for an increasing proportion of ceded annuity reserves during 2025, with the share rising to more than half of the total as insurers sought to manage capital requirements in an increasingly competitive market, according to AM Best, the global insurance credit rating agency, data provider and industry analyst. AM Best outlined…
Talbot, the specialist insurance business that is part of AIG, has appointed Corina Muller Monaghan as Chief Executive Officer of its US operations. Based in New York, Muller Monaghan will oversee Talbot’s US operations and work with the company’s London headquarters. The role will involve bringing together its specialist Lloyd’s market expertise and multinational capabilities…
Texas-headquartered homeowners and flood insurance provider Orion180 Insurance Group Inc. has filed a Form S-1 with the US Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. According to reports, the firm is looking to raise up to USD 100 million from the offering. However, the number of…