Zurich Resilience Solutions launches specialised Data Center Risk Advisory practice

Zurich Resilience Solutions (ZRS), a division of Zurich Insurance, announced the establishment of a dedicated data center risk consulting practice, composed of more than 100 engineers, focused on risk prevention and mitigation throughout the data center life cycle, especially for hyperscale and artificial intelligence-driven facilities. The formation of this practice significantly expands ZRS’ existing expertise…

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Helios expects overall capacity for Lloyd’s syndicate portfolio of £467m for 2026 YOA

Helios Underwriting, a provider of limited liability direct investments to the specialist Lloyd’s insurance and reinsurance market, expects managed capacity in the Lloyd’s syndicate portfolio to reach £467 million in the year of accounting (YOA) 2026, down almost 5% from £491 million in 2025. Helios noted that while overall capacity is expected to fall year-on-year,…

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HDI Global appoints Chubb’s Fraser Galbraith as Senior Underwriter, Engineering

HDI Global SE, an international insurer specializing in commercial and industrial clients, announces the appointment of Fraser Galbraith as senior engineering underwriter based in Dubai. Galbraith brings more than 12 years of engineering experience to his new role. Prior to joining HDI Global, he served as a Senior Construction Risk Engineer at Chubb. Prior to…

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Aon finds severe convective storms now dominate global insured losses

Professional services firm Aon has released its latest Climate and Disaster Insights The report explains how severe convective storms have surpassed tropical cyclones as the most expensive insured disaster of the 21st century. The report draws on Aon’s global data, analytics and catastrophe modeling expertise to explain how the increasing frequency of high-impact weather events…

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Carefully optimistic Allianz prepares for economic uncertainty with strategic de-risking

In the face of intensifying geopolitical developments and their economic fallout, Allianz CEO Oliver Bate said the company has been “cautiously and thoughtfully” optimizing its diversification, adding that this approach has long been core to its business model. “Even though we measure short-term goals, one of the things in our business model is to try…

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SCOR and AXA to de-risk green investments with Lloyd’s consortium for ecological restoration insurance

Global reinsurer SCOR and multinational insurer AXA have joined forces to form a new Lloyd’s of London consortium aimed at closing critical financing gaps by reducing the risk of investment opportunities associated with ecological restoration projects. By providing specialized insurance, the consortium intends to free up the funds necessary to restore ecosystems that have been…

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Phoenix Specialty expands capacity and broadens global EAR offering

London-based managing general agent (MGA) Phoenix Specialty has enhanced its underwriting capabilities by increasing available capacity, allowing greater flexibility in structuring risks. Individually, the business can now cover possible maximum losses of up to £50m for annual policies and single project risks within the UK. Meanwhile, MGA secured capacity support from Lloyds on a prior…

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