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The Lloyd’s reinsurance market is facing intensifying softening pressures in 2026, particularly across property catastrophe business, although rates have declined from a very strong peak and are still expected to remain adequate, according to AM Best. Reinsurance is Lloyd’s largest segment, reportedly accounting for around one-third of the market’s gross written premium. The segment generated…
I love brushing my teeth. There, I said it. Thus, my toothbrush is probably the most important part of my day. It wasn’t until I switched to the SURI Pro, though, that I realised I’d been using an amateur electric toothbrush for far too long. While I was a big fan of the brand’s award-winning…
Today’s risk landscape is more connected and faster moving, and as the environment continues to evolve, what’s important across the re/insurance value chain is charging an adequate rate, according to Urs Baertschi, Chief Executive Officer (CEO) of Property & Casualty (P&C) Reinsurance at Swiss Re. In a video interview ahead of the 2026 annual meeting…
Jamie Foxx is reflecting on surviving a life-threatening brain bleed that led to a stroke in April 2023, suggesting he had some questions for God at the time. “I was talking to him,” said the Oscar winner, 58, gesturing toward the sky on a recent episode of “Baby, This Is Keke Palmer.” “This is me,…
Once your parents, grandparents or other older adults in your life reach a certain age, it’s natural to become hypervigilant about their changing health, wanting to catch any potential issues as soon as possible. (Not to mention, it makes you more self-aware about your own signs of aging.) Certainly, that includes being aware of the…
Miley Cyrus knows how to drum up attention. The 33-year-old teased that something big was on the way on Instagram Monday, when she appeared to drop the “Cyrus” from her handle. She posted two photos in red and black, captioning one of her face just “MILEY” – the same as her Instagram bio. The change…
Marsh, a global insurance broker and risk adviser, has partnered with cyber risk management company Resilience to launch Cyber Protect in Asia, an offering aimed at helping organisations identify significant cyber exposures before they result in financial losses. The solution is available exclusively through Marsh in Asia and brings together Marsh’s cyber insurance expertise with…
Northern Re, a specialty reinsurance group focused on high-frequency, low-severity property and casualty portfolios, has announced that its in-force premium has surpassed $1 billion. Northern Re has participated in more than 100 bespoke reinsurance contracts across treaty, legacy and whole-account solutions since commencing underwriting in January 2023. Committed capital has increased from $25 million to…
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has announced the appointment of Mylène Martin-Ahmine as Chief Operating Officer (COO), Liberty Europe. As a key member of the Liberty Operations and the Liberty Europe Leadership Team, Martin-Ahmine will be responsible for driving operational excellence across the Europe region, with a focus on greater consistency,…
The SEADRIF Insurance Company has made payouts totalling US$1,137,500 to the Government of Lao PDR and the United Nations World Food Programme (WFP), following severe flooding that triggered both the country’s two-year parametric sovereign policy and WFP’s disaster resilience policy. The funding was triggered after intense southwest monsoon activity and low-pressure systems caused widespread flooding…