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Verisk’s Catastrophe and Risk Solutions business has estimated insured industry losses to onshore property from Hurricane Isaias at between $1 billion and $2 billion, with wind damage expected to account for the vast majority of losses. Verisk explained that the estimate covers wind and privately insured storm surge losses from Isaias’ Florida Panhandle landfall. It…
As the global reinsurance industry heads to Baden-Baden, the January renewals will of course be a big topic, and against a backdrop of a complex and increasingly interconnected risk landscape, dialogue, depth, and delivery are key to a productive insurer and reinsurer relationship. This was the message from Nikhil da Victoria Lobo, Head of P&C…
John Boyega has disclosed that he got married in private around two years ago. The Star Wars actor recently sat down for an emotional interview with The Guardian about the murder of his school friend, Damilola Taylor, at the age of 10 in November 2000. During the conversation, the Bafta winner also opened about where…
Porch Group, a homeowners insurance and vertical software platform, and Porch Insurance Reciprocal Exchange (the Reciprocal) have entered into a definitive agreement to acquire Allied Trust’s managing general agency (MGA) and insurance carrier, respectively. Under the agreements, Porch Group will acquire Allied Trust’s managing general agent (MGA) and captive reinsurance entity for an aggregate base…
Now more than ever, I’m proud to be co-deputy leader of the Green Party, with Zack Polanski as our leader. His campaign in Holborn and St Pancras tripled our vote share in a seat Labour had comfortably held since 1983, making it a genuine marginal. Zack has shown we can be competitive right across London,…
Robert Pattinson has addressed the recent news that his upcoming film The Batman Part II is taking a break from shooting due to a personal matter involving its director. Last week, a spokesperson for the production company DC Studios confirmed that “production on The Batman Part II has been temporarily paused” to allow filmmaker Matt…
Just when we thought we were done with a TV landscape full of reboots, revivals and reunions, Lena Dunham has given us one that’s actually worth getting excited about. On Tuesday night, the Golden Globe winner shocked the world with the news that her much-celebrated series Girls was being brought back to life by the…
The Insurance Information Institute (Triple-I), a US-based organisation that provides research, insights and analysis on insurance-related issues, has warned that businesses face mounting financial and operational pressures as cyber threats become more sophisticated and expensive to manage. In its latest members-only report, Commercial Cyber Insurance: State of the Risk, Triple-I examines the factors influencing the…
Amwins Global Risks (AGR), the specialist global risk division of Amwins, has broadened the scope of its Commercial & Industrial (C&I) insurance facility to include battery energy storage systems (BESS) and electric vehicle (EV) charging infrastructure. The expanded facility enables developers, owners and investors to insure multiple distributed energy assets across different locations under one…
Gallagher, the global insurance broking and risk management company, has appointed Jörg M. Seidel as Client Director at Krose, its German business specialising in risk management and insurance solutions for large blue-chip clients. In his new role, Seidel will drive sales and strengthen key client relationships, and contribute to further enhance operational excellence and governance,…