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Lloyd’s syndicate AEGIS London, in collaboration with tech-enabled MGA Augentic, has launched a new cross-class digital follow consortium in the Lloyd’s market, enabling brokers to secure a follow line spanning Property, Casualty and Specialty risks through a single digital arrangement. This “market first” facility is reportedly designed to simplify placement and improve speed to market,…
We’re afraid there’s been a disappointing update for anyone hoping to see Madonna making her Pyramid Stage debut next year. Back in June, ahead of the release of her latest hit album Confessions II, the Queen of Pop sat down for a chat with presenter (and superfan!) Graham Norton for a one-off BBC special. During…
SiriusPoint, a specialty insurer and reinsurer based in Bermuda, has appointed Ajay Parvatikar as VP, Reinsurance Technology Platforms & Transformation Lead. Parvatikar brings more than 25 years of professional IT experience, driving enterprise-wide technology initiatives that accelerate digital transformation across the organisation. He has a proven track record of leading complex, cross-functional change programmes, translating…
Price Forbes, a specialist insurance and reinsurance broker, has appointed Chris Harris as Managing Director (MD), Head of US casualty, effective immediately. Harris, who has over three decades of industry experience in broking and underwriting roles with several MGAs, will lead and manage the US casualty team, set and execute strategic direction, and drive growth….
Munich Re has reclaimed its spot as the world’s largest reinsurer for companies that report under IFRS 17, while the specialist Lloyd’s marketplace has climbed above Berkshire Hathaway to claim the top spot for non-IFRS 17 reinsurers, based on year-end 2025 figures. Based on research data from AM Best, the global credit rating agency, our…
Mangrove Property Insurance Company has secured a record-setting catastrophe reinsurance programme for the 2026 Atlantic Hurricane Season, providing protection against both the frequency and severity of catastrophe events, with coverage extending to a 1-in-175-year storm. The programme also includes aggregate cover for protection against third and fourth events, as well as the placement of a…
President Donald Trump said on Sunday that he has ordered the Pentagon to scale back the joint military exercises with South Korea that began this week. In a Truth Social post, the president said his decision was based on his “very good relationship with Kim Jong Un,” and described North Korea as “unthreatening and respectful.”…
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has secured a multi-million-pound capacity deal to underpin the strong growth and performance of its UK property owners practice. According to the announcement, the multi-year deal will enable Pen to write £120 million in gross written premium over the next three years, effectively doubling the capacity…
Hollywood is in mourning following the sudden loss of Hayden Panettiere at the age of 36. On Sunday evening, Hayden’s family confirmed that the former child actor had died, with her father Skip remembering her as an “incredible light and a force of nature”, who not only brought “immeasurable love and joy to all who…
The Association of Bermuda Insurers and Reinsurers (ABIR), the trade association representing Bermuda’s insurance and reinsurance sector, has appointed Elizabeth Breeze as its new Treasurer. Breeze, who serves as Head of Hiscox Capital Partners, joined Hiscox in 2012 and took on her current position in 2025. She brings more than two decades of experience in…