Category: News

Travelers Chief Financial Officer Dan Frey said the company chose not to renew its personal lines catastrophe excess of losses (XOL) reinsurance treaty on July 1 because its enhanced enterprise-level catastrophe reinsurance program, which it entered into on January 1, provides a “more attractive way” to obtain needed reinsurance protection. “On July 1, we renewed…

Global specialist re/insurance broker Consilium has partnered with CyberCube, a provider of cyber risk analytics for the insurance industry, to support its global growth and help clients better understand cyber risk exposure. CyberCube’s brokerage management platform, available in more than 100 markets globally, is designed to help transform complex cyber risks into actionable, data-driven insights….

Global insurance and reinsurance brokerage and risk advisor Aon has appointed Joe Leong as executive chairman of Reinsurance Greater China, based in Hong Kong, effective immediately. In his new role, Leong reports to Rupert Moore, CEO of Reinsurance Asia Pacific. Aon explained that under Liang’s leadership, the team will continue to help clients identify opportunities,…

Gallagher Re, the global reinsurance brokerage and advisory firm owned by Arthur J. Gallagher & Co., has appointed Sisouda Dayre as director of operations for Asia Pacific. In her new role, Dayre will work with colleagues across the region to support operational excellence, drive transformation initiatives and contribute to the continued growth of the business….

Aon plc, a global professional services firm providing risk, health and wealth solutions, has expanded its proprietary Data Center Lifecycle Insurance Program (DCLP). The latest development increases the program’s insurance capacity to $5 billion, while expanding the range of risk and advisory services available to support digital infrastructure projects from construction to long-term operations, the…

Allianz Jio Reinsurance, a 50:50 joint venture between Allianz Group and Jio Financial Services Limited (JFSL), has written gross premiums of Rs 266 crore in its first full quarter of operations, achieving the status of a leading reinsurer in the major treaty program of India’s leading private insurers. The joint venture, led by CEO Sonia…

ACORD, the global standards-setting organization for the insurance industry, has appointed four new members to its board of directors: Kasey Connors, Nidhi Howell, Christina Lucas and Spero Zacharias. Zacharias, Chubb’s senior vice president of global information technology major initiatives, will serve as chairman of the board. At Chubb, he managed a range of cybersecurity programs…

ACORD, the global standards-setting organization for the insurance industry, has appointed four new members to its board of directors: Kasey Connors, Nidhi Howell, Christina Lucas and Spero Zacharias. Zacharias, Chubb’s senior vice president of global information technology major initiatives, will serve as chairman of the board. At Chubb, he managed a range of cybersecurity programs…

Global professional services company Aon has appointed Johannes Glasl to the newly created position of chief regional and client officer, effective July 1, 2026. In his new role, Glasl will further drive the development of the broker’s regional positioning, particularly in the North and East regions. The newly created position is designed to further strengthen…

Bamboo Ide8 Insurance Services, LLC, a data-driven insurance distribution platform, has completed a multi-year deal through Greenshoots Re, the first MGA-sponsored sidecar to support Bamboo’s new California recognition program with MS Transverse. In April 2025, when Bamboo became part of White Mountains Insurance Group, Ltd., MGA’s reinsurance renewals included the reinsurance Sidecar transaction through Greenshoots…