Parametrix hires Tresa Stephens from Allianz as Head of US Underwriting

Parametrix, a provider of parametric insurance solutions for digital infrastructure and technology risks, has appointed Tresa Stephens as Head of US Underwriting to lead its US Cyber and Tech E&O underwriting expansion. The move strengthens the Lloyd’s coverholder’s cyber underwriting leadership as it continues to expand its US business and cyber and tech underwriting capabilities….

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10-15% rate declines signalled for 2027 as reinsurance hard market nears full pricing reversal

The message from Monte Carlo appears to be preparing the reinsurance market for rate declines of 10-15% at the January 2027 renewals, according to Autonomous, which said that, if correct, this would signal the full reversal of the hard market, at least from a pricing perspective. In its European insurance report, Autonomous said the annual…

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Data centres, AI and PFAS: MS Re’s Butera on pricing the risks we can’t yet see

Ahead of the Insurance Leadership Forum, MS Reinsurance North America CUO Lisa Butera discusses maintaining underwriting discipline as property pricing softens, the accumulation potential of emerging exposures and where the reinsurer sees selective opportunities for growth in the US. An influx of capacity is putting downward pressure on US property reinsurance pricing, but favourable recent…

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Half Of Girls Have Heard Misogynistic Comments From Other Kids At School

Half (50%) of girls have overheard misogynistic comments from other pupils at school, according to new data. It’s a shocking statistic, but perhaps not surprising given almost three-quarters of Gen Z males report having seen misogynistic content on social media, with around half encountering it every week. Meanwhile female teachers previously revealed they were witnessing…

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Sompo appoints Scott Toland as Head of Commercial Lines, Insurance, Continental Europe

Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Scott Toland as Head of Commercial Lines, Insurance, Continental Europe. Based in Zurich, Toland will report to Ralph Brand, President, Insurance, Continental Europe & Turkey. In his new role, he will be responsible for defining and executing…

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